Archive for 'Industry News' Category
Dow Jones Gets a Little Nervous
Wall Street’s concerns about a spreading credit dive pushed stocks down again Thursday, with the Dow Jones industrials extending their series of triple-digit swings and falling more than 380 points.
The cause for the market skid was a French bank announcing that it was freezing 3 funds that invested in United States sub-prime mortgage market. The announcement by BNP Paribas raised the […]
Making Your Money Safer - Financial Cyber-Security
This is an excellent article from the Kip on financial account security for Americans. Fraud is bad, but it’s getting tougher for the crooks to wiggle their way into your accounts for total domination. Read on…
Story…
Memorizing a password just does not cut it anymore. Before you access a Bank of America account online, you’ll be asked […]
Payday Loans Video - Why Payday Loans Hurt Consumers
Short video from Mark Huffman at ConsumerAffairs.com – “Payday loansare a bad idea for consumers”
Payday lenders can charge up to 800 percent interest, and their business model is designed to keep you in debt.
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Federal Reserve Release - November 8th, 2006
The Federal Reserve Board on Wednesday announced its approval of the proposal by Capital One Financial Corporation, McLean, Virginia, to acquire North Fork Bancorporation, Inc., Melville, and its subsidiaries, North Fork Bank, Mattituck, both of New York, and Superior Savings of New England, National Association, Branford, Connecticut.
Click here for a PDF viewing of the Board’s Order relating […]