Twitter co-founder Jack Dorsey just flicked on the public spotlight over his new venture: Square. It's a tiny plastic blob that gives smartphones the ability to act as secure credit card readers. It's clever, disruptive, but will ...READ»
It's been a tough year for the Securities Industry and Financial
Markets Association. Two of its members -- Lehman Brothers and Bear
Stearns -- lost billions and are no more, leaving the industry feeling,
well, insecure.
Now ...READ»
Banks have gotten a bad rap recently, and for good reason. The FDIC's Failed Bank List is rife with private banks that have been flattened in the past two years, and we all know about the myriad bankrupt investment banks. But now ...READ»
Credit card companies are canceling your account. Student loans, home mortgages, and auto loans are all getting harder to obtain, and the big bank where I have an account is insolvent; how about yours?
Starting today, ...READ»
Here's a new approach to teaching financial literacy: a video game in which you play the business manager of a free-spending celebrity, trying to satisfy her wish list while keeping her out of the red.
The game is no World of ...READ»
30 January 2009
Jose D. Roncal
www.financialspeculation.com
Lawmakers are looking for a quick fix for the banking and credit markets. No fix will be clean or easy. Every option comes with big hits to taxpayers, partisan bickering ...READ»
