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A bit of good news for those California Recovery Bond holders as they get an upgrade from Moody's and Fitch ratings agencies.

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The FDIC released numbers for the third quarter of 2009 and they weren't pretty. While banks earned a bit more money, losses continued, more banks were added to the problem list, total loans declined, and the FDIC needed to tap an... Read →

There has been a lot of changes in the laws regarding bankruptcies and here are some of them.

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Indictment At the Ready Image US News

Indictment At the Ready

By now, with the advantage of hindsight, it is obvious where Mr. Trump is heading in the weeks ahead. There is nothing more important to him than to stop the investigation into his campaign’s and his direct associations with Russia.... Read →

When you are cold called do feel you are being pushed, hurried? Well, you are. For a cold caller to be successful he must instill in you a sense of urgency or the call will be a futile one. Often the caller will fudge a little in order for you to act. Take a look here and see what you thing.

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Municipal Bonds have always been portrayed as an investment vehicle for older investors - turns out that's true.

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Amex, Chase, Bank of America, and other banks are canceling credit cards, often without notifying the holder in advance. This can result in severe inconvenience to a card holder to who may try to use the card, only to find it no longer works.

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For the first time in five years, existing home sales rose four months in a row, according to the National Association of Realtors. This is a positive sign for the real estate market and is a positive indicator that buyers are purchasing the excess inventory resulting from foreclosures and short sales. This increase in sales may eventually help ease sliding property values as well.(Source www.realtor.org)

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Congress is now turning its attention to the enormous $27 billion bank overdraft market and is considering legislation to alert customers when they are about to overdraw an account. Banks are fighting back, since overdraft fees are a big... Read →

Stagflation, deflation, depression and recession. Which are we in and which one are we headed to? I have no idea, but at least I can tell you what they mean. Happy Reading

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The FDIC announced two significant pieces of information today: it estimates that the cost of bank failures would rise to $100 billion over the next four years, and that it was going to pre-assess banks today for payments through 2012. The... Read →

Digging just a little bit deeper on the subject of bonds.

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I've written a lot about how the banks and financial companies have benefited from the Fed lowering rates to 0%. They basically have free access to cash since they are paying less than 2% in many cases for deposit money. So, it this... Read →

Fast Money's talking heads showed how little they know about everything when they tried to present themselves as experts on China this evening.

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Another article regarding our countries credit woes and current level of debt. Our government treasuries may be heading towards JUNK.

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