Articles

I bought a car this weekend using the cash for clunkers program. I got $4,500 off a new car. That's not bad. It will take an awful lot of cash in a 2.5% APY savings account to equal that amount. There was a lot of aggravation though.

Pick-a-payments, Liar Loans, Debt consolidations, are they really that good a deal. Maybe you should take a closer look. Happy Reading

this article will go over some little known facts about your credit and ways some lenders or prospective employers view your report. Happy Investing

Here is a short piece on Bankruptcy and the effects on your credit. Rather than focus on credit score, take a look and see what your future lender and broker thinks of when he sees a bankruptcy on your report. A recent BK does not mean you won't get your loan. Happy Reading, Keith

Word is circulating that in the midst of one of the largest financial catastrophes in global history, Goldman Sachs is getting ready to report record profits and pay out hefty bonuses to its employees. You might be tempted to say that Goldman deserves it; they did after all navigate the financial crisis and come out relatively unscathed. Except that’s not really the case.

Welcome to my life. This series loosly chronicles my beginning as a stockbroker in the mid 1990's. Had I not been there I would not have believed what went on behind closed doors of some of Wall Street's largest firms. This story is not unique, it happened everywhere, but it is my story with my own unique and crazy perspective. Happy Reading Keith A Campbell

Think the auction rate security saga is over? Not. Today, TD Ameritrade agreed to pay $465 million to its customers to reimburse them for losses taken in the ARS default mess.

Prosper, a PtoP lender that was forced to stop operations 9 months ago by the SEC, finally received approval to begin operations again. The real question though is about the viability of PtoP lending and whether it makes sense from a borrower or a lender perspective.

This perma-bear, who has been right much more than he has been wrong over the last several years, says that the stock market will go 20-30% below the March lows. He also says that holding cash is a bad strategy.

The Republican Congressman wants to hang Ben Bernanke out to dry because he believes that the Fed Chief forced BoA Chairman Ken Lewis to go through with a bad deal.

The Senate today passed a spending bill that included a provision for the cash for clunkers program. The program will provide up to $4,500 for individuals who trade in their old, gas guzzling cars.

Ten financial groups including JP Morgan Chase and Goldman Sachs were given permission by Treasury to repay $68 billion in TARP funds yesterday.

Tomorrow, Ken Lewis, the head of Bank of America goes in front of Congress to testify on the events leading to the Bank of America acquisition of Merrill Lynch. The lesson that he gets should be one that every CEO should be required to adhere to.

Fed funds futures showed a 58% chance of a rate increase by November but many bond traders don't believe the Fed will raise rates over the next 12 months. Who to believe?

At a time when credit card companies are jacking rates and rolling back benefits, Chase has decided to launch a new credit card rewards program dubbed Ultimate Rewards. Is it any good?