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  • Life insurers and banks welcome higher rates [View news story]
    WE live on soc sec and put part of our savings into a brokerage account. Our goal is to supplement our social security.
    Nov 8 12:16 PM | 1 Like Like |Link to Comment
  • Countrywide found guilty in U.S. mortgage suit [View news story]
    Most guilty is the Bush-Cheney administration that championed a 'look the other way' & 'less regulations' mentality. During that time, the big banks did whatever they wanted, & acted without oversight including granting mortgages to those of us who should not have gotten them.
    Oct 23 05:59 PM | 4 Likes Like |Link to Comment
  • Trying to stay off the "front page," Bank of America (BAC) nixes plans for new checking-account fees set to ht about 10M customers by year's end. These customers - small balances, don't take out loans - cost the bank roughly $200/year. Back of envelope: That's $2B in losses vs. total income of $5.4B over the last 4 quarters. "Our strategy is to give our customers reasons to do more business with us," says co-COO David Darnell. [View news story]
    A checking account fee will cause us to move our BA account to our other bank with no fees. We have 1 direct deposit at BA & a 2nd will be set up in Feb. BA should try to keep us. maybe we'll open a CD with new money. I hope BA is reading this.
    Dec 2 03:37 AM | Likes Like |Link to Comment
  • Frontier Communications Management Discusses Q4 2011 Results - Earnings Call Transcript [View article]
    Thanks to most commenters. I'm new to FTR & glad to be here. Reduction of dividend = stronger company $$ = reduced expenses =
    higher per share price in the future. I like it !!
    Feb 18 02:00 PM | 1 Like Like |Link to Comment