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Category Archives: Industry News

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 [...]

Idea for Getting Small Business Loans Approved

Here are 5 tips on getting a business loan approved. All sound advice, and this piece was originally posted at All Business. Take special note of the point about investing your own capital in your business. Banks like to see you taking the risk as well as them. 1) Have a sound business plan. Having [...]

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.

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 [...]