Articles

These checks demonstrate everything that is wrong with our country.

The Madoff whistleblower who was ignored by the SEC is testifying on Capital Hill today and he is a straight shooter.

Capital One Bank is offering a $100 bonus to open a rewards checking account, sign up for direct deposit, and fund it with $50.

Chase is offering $200 to open a qualifying Chase Business Checking account with a minimum deposit of $500 by 3/28/2009.

The argument in almost all sectors, especially the financial, has always been that if you do not give highly-valued employees bonuses these same people will go elsewhere and productivity will drop measurably. Today, bonuses are the accepted currency for highly paid and valued employees. No one challenges the assumptions underlying them. But, they have always been a joke, and they are much more so today.

If you were hit with an overdraft fee from Bank of America or any of its acquired banks between 2000 and 2007 you can make a little easy cash.

iGObanking is offering a competitive 60 Month IRA CD that pays 4% APY.

President Obama may have the FDIC run a "bad bank" that will purchase the toxic assets from bank balance sheets. Sound familiar? But this bad bank doesn't solve the central issue, how to value thes toxic assets.

While the headlines discuss the problems with the nation's biggest banks, many small community banks are doing great. Low borrowing costs and lack of competition from the big boys is helping the community bank grow quickly.

The Fed is beginning the first meeting of 2009 and of the Obama Administration with absolutely no flexibility in setting the Fed Funds rate or articulating Federal Reserve policy.

I have written many times about CVTX, a small biotech specializing in cardiac drugs. I have beleived that the stock was undervalued for some time. Now Astellas has shown they agree.

We will get a new headline about an exposed hedge fund every day for most of 2009.