maryanne

Goldman Bonuses Based on Socialist Policies, Not Capitalism

Seeking Alpha writers like Mr Golde bring the real truth that mainstream media barely touch or wont touch being puppets of the government. here's number 30

An Angry Banker's Foreclosure Solution

US is one of the few countries with NON-recourse mortgages - ie, those deatbeats can walk away anytime. This should only be allowed by bankruptcy course otherwise otherwise they should be forced to pay back the loan even if it takes the rest of their lives (garnish all wages and income)

Credit Cards: Higher Loan Losses Mean Higher Interest Rates

Whatever happened to PERSONAL RESPONSIBILITY ? Don't charge more than what you can afford! Those who are irresponsible should pay higher interest rates NOT make the responsible cover those deadbeats by being hit with annual fees.

Move Over Fed, California's Now Printing Its Own Money

Deport all the illegals, they suck up schools and services and jobs from those who are legally here. And yes, gold plated pensions, retiree medical (WHY? That is what Medicare is for) and union greed caused the budget mess as well.

The Scandal of Overdraft Fees

Its your own fault for not properly managing your finances! Hitting them with fees is only way to make them learn and if they still don't get it, they deserve to be poor! Don't make the responsible pay for it.

Banks, Oligopolies and Ever-Rising Fees

If these people MANAGE THEIR MONEY BETTER, then they wouldn't be hit with fees in the first place! And they should save more to build a better cushion as well. Always read and understand everything. With online and now mobile banking, there is no excuse for not regularly checking your balances and transactions.

Credit Card Crunch: Creating a New Generation of Subprime

Excellent article and fully relevant to the financial crisis and investing. Chase and Citibank closed over 5 of my idle credit cards with NO warning last November-December. I quickly inventoried all the remaining cards and made small purchases (ie, supermarket and EBAY) to keep them "live". Did not seem to dent too much, my FICO score last week is 767. I'm going to refinance an Option ARM to fixed (Unlike many of those borrowers, I was fully aware of the risks and how it works, besides my mortgage is backed up by 4X the assets)

Too Big to Fail, Or Too Dumb to Survive?

Above list of preferred is not complete. Go to quantumonline.com to find them all. I have BWF (Wells Fargo) and USB-L. Nice history of all those brokerages.

Financial Landscape: Writedowns, Losses and Capital Raised

I would think so, RBS preferreds are going for less than half of par value AGAIN. sold one at $15 going down on monday, brought it back at $10 tuesday. so that helped reduced my loss (originally brought at par!)