Tag: Banks

The Stickup Note

Filed in National by on March 2, 2009 • 19 Comments

On Friday, NPR aired a longish segment (almost 8 minutes) of reporting on bank bailouts via a research note set out by a Deutsche Bank economist: A single piece of paper may just be one of the most surprising and illuminating documents of the whole banking crisis. It’s a one-page research note from an economist […]

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Are Banks Making Money Off Unemployment Benefits?

Filed in National by on February 20, 2009 • 15 Comments

If there’s a justification for the biggest welfare queens in history subsidizing their losses on the backs of people their incompetence and greed helped place in the unemployment line I’m not seeing it.  Probably because it doesn’t exist!  First, Arthur Santa-Maria called Bank of America to ask how to check the balance of his new […]

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Good Bank, Bad Bank

Filed in National by on February 4, 2009 • 3 Comments

There’s no quick and easy way for me to copy this masterpiece to this blog, but just click here to read the story of American Banks if Dr. Seuss was telling it. Very creative…

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Regulating the Cards

Filed in National by on December 17, 2008 • 4 Comments

From Sunday’s WaPo: The Federal Reserve on Thursday will vote on sweeping reform of the credit card industry that would ban practices such as retroactively increasing interest rates at will and charging late fees when consumers are not given a reasonable amount of time to make payments. ….Among the many provisions is a ban on […]

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