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Run on Banks
The problem with our money market bank run in September 2008 is solved. It was likely the European banks that needed dollars. They had redemptions that could only be settled in dollars. We can see that with this study by the folks who should know,...
9 commentsOnline Banks
This hub analyzes the differences for personal customers between the main USA online banks, including Wellsfargo, Citibank, Bankofamerica, Wachovia Corp and JPMorgan Chase. It outlines the differences between the banks, particularly their variety in approach and protocol when accessing your online account. It also discusses hidden bank charges relating to ATM machines, minimum balances and telephone support. There are interviews with existing customers who provide impartial opinion on their onli
23 commentsThe Government of the United States is in Denial Regarding Housing!
Attention: 9 Trillion Dollar Fed Bailout of the Banks Was Not Good! Unemployment is going up. Foreclosures are rising. The government is in denial thinking that the banks will be ok and will start the big lending engine all over again. But...
14 commentsSubprime Home Mortgage Crisis
NY Times ace financial guru, Floyd Norris, in his column today, Oct 19, 2007, explains Treasury Secretary Henry Paulson's latest invention to ward off disaster for the big banks and the country's financial system, the "Master Liquidity Enhancement Conduit," which will rival the Los Angeles aqueduct.
14 commentsWelcome to Banking 2009
I have been a loyal, if sometimes disgruntled, Wells Fargo Bank customer since 1996. Wells Fargo is the quintessential Big Bank. I stay with them for one reason and one reason only: convenience. Being self-employed, I do not qualify for automatic...
72 commentsFort Dobbs North Carolina
Jackie Lynnley writes again of the young frontier. Just moving a few miles from Salem and the fort at Bethabara to Fort Dobbs in Statesville of Iredell County, North Carolina. See what it was like in the mid to late 1700s. Visit the site of this fort and hear about the French and Indian War that barely preceded the Independence of America. Find out how much fun history can be.
8 commentsWhich banks are in the most trouble now?
After Friday afternoon's news that IndyMac Bancorp was being taken over by the government and then reopened yesterday under the new name IndyMac Federal Bank, the worry on Wall Street and Main Street has grown...
18 commentsWachovia Banks overdraft ripoffs
In my opinion Wachovia Bank overdraft fees is their best method of ripping off their customers. The transactions are juggled around more than a juggling ball at a circus!! Please view the pictures below and...
1 commentAnna Catharina and the Regulators / II
Anna Catharina is a real person from America's past. Being of the Moravian religion and leaving records of that religion she gave enough insight to look into a part of early history in North Carolina of the western portion that we may have not known and also a new insight of Regulators of which I am apparently not allowed to give her view although I cannot find it anywhere else in the world other than a book by another woman far back from today who saw fit to leave this history for us.
6 comments3 Free Online Checking Accounts
If you've got a lot of dosh sitting in a bank account you probably have your monthly maintenance fees waived and therefore couldn't care less about such things. But when you've no longer got the prerequisite...










