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Five ways to invest with small amounts of money
Saving money to invest is becoming more and more difficult every day. The economy is in the tank and it is difficult to make ends meet, but you know you should be investing some money. Luckily, there are...
9 commentsAnother stimulus plan? Is this really what we should be doing?
More money always sounds great, and the $152 billion economic stimulus package of 2008 that was signed into law this past February certainly provided millions of Americans with a very welcome check in the...
1 commentProposed change in FDIC deposit insurance level is a positive step
In recent weeks there have been calls by several prominent newsmakers and economists to raise the level of FDIC insurance from $100,000 to $250,000. I truly believe that this move is a definite step in the...
2 commentsAre the short sellers to blame for this market crisis?
Short selling has always been a highly scrutinized practice, but never has the scrutiny been as intense as it has become in the last 24 hours. As the financial system seems to be grinding to a halt and bank...
3 commentsThe fall of the investment banking industry. Will Goldman and Morgan survive?
Rewind backward by just a couple of years and take a look at the investment banking industry on Wall Street. Everything was humming along quite brilliantly with no apparent signs of distress. There were at...
0 commentsWhat is going on at Lehman Brothers? Can it survive on its own?
The last few quarters have proven to be a terrible time for financial institutions in the United States. The credit crisis has gotten far worse than just about any of the major firms CEO's thought was...
5 commentsTwo more banks fail, Mutual of Omaha acquires deposits
Just two weeks ago IndyMac became the second largest bank failure in our country's history. Ever since that time, the speculation has become more and more rampant by the day as to which bank may be the next...
3 commentsIndyMac Bancorp nearly out of capital, who's next?
IndyMac Bancorp announced today that it will be slashing 3,800 jobs and closing their forward mortgage business. On the company's corporate blog, they gave the reasons for this move. The Pasadena-based company...
2 commentsWhat happened to the one-time write off for the credit crisis?
The subprime virus has spread! Rewind to the end of last year when the subprime mortgage crisis was just starting to rear its ugly head. The CNBC and Bloomberg announcers were all touting the financial...
0 commentsFive tips for getting through the bear market!
The current bear market has many people worrying about holding stocks as it always does, but investors need to keep things in perspective through these times. These five tips will help you get through the bear...
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