This afternoon at the newly cleared, heavily patrolled, and sparkling (Christmas lights!) Zuccotti Park, a group of activists dressed in caps and gowns made from garbage bags and draped with paper chains announced the official launch ...READ»
Demonstrators plan to withdraw money from big banks on Saturday. A handful of credit unions and other progressive institutions see it as an opportunity. But are they really any better than the banks?READ»
As the #OccupyWallStreet movement gains momentum in more locations--and as protesters are arrested by the hundreds--Fast Company speaks with one of the movement's architects. READ»
ATMs are challenging enough to use when you're visiting a different country. But imagine drawing money when you've never seen an ATM in your life, and compound that with the fact that you might not be able to read. NCR, a company that ...READ»
The notion that the words "banking" and "openness" might walk hand in hand today, in 2011, is positively laughable to anyone born before 2008. But that's precisely what Swedbank is suggesting with its proposed headquarters in ...READ»
Former U.S. Secretary of Labor Robert Reich weighed in on the whole FTC investigation of Apple. His conclusion? Get your priorities straight, FTC.READ»
You can have it if you don’t need it:Did you hear about the South Carolina teenager with H.I.V. who had his health insurance policy revoked? That got me thinking about Henry Ford and three big industries in the USA.Wait. ...READ»
Nearly 200 financial brands, including huge institutions like Lehman Brothers and Merrill Lynch are gone, and brands like Citi and Bank of America have suffered crushing PR blows.READ»
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»
