Game Changer: U.K. Decides Too Big to Fail Is Too Big to Exist [View article]
Do not bank with the big banks. There is still enough choice out there that you do not have to get gouged but these banks. Try out the credit unions. I have been doing all my banking with CUs for the past 25 years with narry a problem and they have as innovative products as the blood sucking banks.
Supreme Court Rules Against Banks: A Win for Consumer Protection [View article]
So dont bank with them!
On Jun 30 09:52 AM Angry Banker wrote:
> Conceptually this makes sense, but the downside is that multi-state > banks will now have to implement 50 different localized compliance > regimes, which will undoubtedly increase their costs of doing business. > And you know who bears the burden of those costs, don't you?
Why Executive Pay Will Remain a Big Issue [View article]
This is the most sane article on this subject that I have read. The last decade and a half was of Robber Barons and if we do not contol them we will see another destructive cycle in 10 years! Isnt goverment there to enforce a fair system for all so what is different here?
Pierre Bourdieu, Tim Geithner, and Cultural Capital [View article]
Wall Street was created by the rich for the rich. It contributes zilch. My CEOs net worth is dictated by what wall street thinks of the company. Mine is dictated by how much product we can sell. It is a falacy created by wall street that they are necessary for survival of this country. Yes we need credit for the groth of capitalsim... Does the Grameen Bank in Bangladesh not provide credit? What about the local bank or credit union. They are the real engins of growth not BofA.
Currently there are no oppsing views in the adminstration. We urgently need a person at the helm who is not influenced by his time in wall street.
Why Economists Have Downgraded Obama to Bush-Plus [View article]
Are these the same economists who have been doing such a great job of calling the economy these last few years! man they sure know what they are doing!
Mortgage Refinancing Is Not the Solution [View article]
Just rehash on the old stuff. I have read this analysis in one form or another from everybody and their mother who writes about the housing crisis. Do you have a solution! If you dont then get out of the way and let them try!
Misunderstanding the Great Recession [View article]
My company is a prime example of one being run by bean counters. Of the top 10 executives not one has a background other than finance. over the past five years profits are generated by cutting cost rather than incresing reveues. I am sure that at least 50% of the S&P 500 companies have a similar management makeup. All those Harvard MBAs (like Mr. Bush) will run you into the ground filling their own coffers!
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Latest | Highest ratedGoldman's Human Face [View article]
Time for the U.S. Economy to Reindustrialize [View article]
Game Changer: U.K. Decides Too Big to Fail Is Too Big to Exist [View article]
Rajaratnam Indictment: Wall Street Wrongdoing Remains Pervasive [View article]
The Secret Paulson-Goldman Meeting [View article]
Supreme Court Rules Against Banks: A Win for Consumer Protection [View article]
On Jun 30 09:52 AM Angry Banker wrote:
> Conceptually this makes sense, but the downside is that multi-state
> banks will now have to implement 50 different localized compliance
> regimes, which will undoubtedly increase their costs of doing business.
> And you know who bears the burden of those costs, don't you?
The Coming Economic Collapse, Part 2 [View article]
Why Executive Pay Will Remain a Big Issue [View article]
Isnt goverment there to enforce a fair system for all so what is different here?
Pierre Bourdieu, Tim Geithner, and Cultural Capital [View article]
It is a falacy created by wall street that they are necessary for survival of this country. Yes we need credit for the groth of capitalsim... Does the Grameen Bank in Bangladesh not provide credit? What about the local bank or credit union. They are the real engins of growth not BofA.
Currently there are no oppsing views in the adminstration. We urgently need a person at the helm who is not influenced by his time in wall street.
Why Economists Have Downgraded Obama to Bush-Plus [View article]
Mortgage Refinancing Is Not the Solution [View article]
Misunderstanding the Great Recession [View article]
Exclusive Interview with Jim Rogers: Inflation Is Coming [View article]
The New Normal [View article]
I dont mind getting a raise if everythings going to cost less!
The Bailouts Are Doomed - All of Them [View article]
The Emperor has new clothes!