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One of questions often asked about municipal bonds is whether they should be purchased individually or via a fund. I think it depends on your goal in purchasing municipal bonds.

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The stimulus plan making its way through Congress contains some provisions that may aid the municipal bond market.

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California's financial paralysis and its deteriorating fiscal condition is not something that is widely reported. Still, investors hold tens of biillions of its bonds and the state has the fifth largest economy in the world. We should all be paying attention.

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Experian, one of the big three credit bureaus has decided to no longer offer FICO scores via the MyFico site. That means that consumers will no longer have access to one component of the scoring model used to determine FICO scores.

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Over the last couple of days, many of the top savings rates have dropped. The downward trend in savings rates continues.

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John Bovenzi, the Chief Operating Officer of the FDIC said in a committee hearing to the US House that the cost to the FDIC to ensure bank failures will likely cost more than the original prediction of $40 billion over the next four years. ... Read →

These checks demonstrate everything that is wrong with our country.

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The Madoff whistleblower who was ignored by the SEC is testifying on Capital Hill today and he is a straight shooter.

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Capital One Bank is offering a $100 bonus to open a rewards checking account, sign up for direct deposit, and fund it with $50.

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Chase is offering $200 to open a qualifying Chase Business Checking account with a minimum deposit of $500 by 3/28/2009.

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Head of JP Morgan Chase's investment unit, James Staley, says that money market funds are the biggest risk to the financial system now. With over $4 trillion parked in money markets, they are lightly regulated and hold no reserves... Read →

The argument in almost all sectors, especially the financial, has always been that if you do not give highly-valued employees bonuses these same people will go elsewhere and productivity will drop measurably. Today, bonuses are the accepted currency for highly paid and valued employees. No one challenges the assumptions underlying them. But, they have always been a joke, and they are much more so today.

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If you were hit with an overdraft fee from Bank of America or any of its acquired banks between 2000 and 2007 you can make a little easy cash.

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Market market fund rates dropped to record lows this week driven by the drop in short term treasury yields. The top money market fund rate according to BestCashCow is the Vanguard Prime / MMF Investor paying a 7 day trailing yield of... Read →

iGObanking is offering a competitive 60 Month IRA CD that pays 4% APY.

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