| Don't miss a single post; subscribe to my feed! |  |
A few weeks ago I wrote my opinion here on the Occupy Wallstreet protests that are popping up everywhere. My major gripe is that, because people said they wanted it to be a “leaderless” campaign, it had no direction, and thus no real plan on what changes people wanted or any ideas on how to [...]
Can someone please explain to me why people are still using Citibank, Bank of America, and any other large multi-national corporation bank in America? Last week’s news brought with it stories that said Bank of America was going to start charging a $5 a month debit card fee, even if you’re using your card as [...]
I have a story to tell. Back in 2005 I was consulting in Westchester County in New York state for many months. One evening I decided to go to one of the large malls in the area for dinner. I decided to wait until I got to the mall to get money to pay for [...]
Bank of America seems to be imploding. From the time when they were first bailed out until last week when they announced they were laying off around 40,000 employees, they’ve struggled to get back to the prominence they held before things started to go haywire. Not that no one believes they didn’t know what was [...]
Today I highlight post #400 on this blog, which means a slight diversion from the norm. I think it’s important to look at milestones here and there because one needs to see if they’re sticking to the mission they created when they began something. Let’s take a quick look at a few statistics, shall we? [...]
Is the economy starting to stabilize? Some statistics say yes, some are questionable. I figure one quick way to take a quick pulse reading is to look at bank closures so far in 2011. To date, we’re sitting at 18 banks that have been closed. Last year at this time we had only 16 banks [...]
The bad news is that we’re now sitting at 149 banks that have been closed in 2010. That exceeds the 140 banks that were closed last year with five weeks still go to. The good news is twofold. One, no banks closed this week, though this is Thanksgiving week. Two, analysts really believe that the [...]