Fine Line: Sub-Prime Decline - The Richter Scales
Thanks to Mark for passing along this video ode to the 2007 credit crunch, sub-prime implosion, and hedge fund blowups on Wall Street. Credit...

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Countrywide, oh Countrywide…
The Chairman posted a link to an article about a “bank run” on Countrywide Financial Corp. (CFC) . I just had to shake my head and laugh after reading t...

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The New Holiday Humbug: Identity Theft
Choir: “‘Tis the season for your money to be stolen, Fa la la la la, la, la la.” Banks, retailers, consumers, and Santa Cla...

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Student loan collections at 90
If you still owe student loans more than 10 years old the free ride is over. There is more than $5.7 billion in U.S. student loan debt more th...

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Is housing out of reach for most people?
In California it just may be. California’s medium income is $54,140. But since the medium price of a decent home is $545,910, this is...

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There’s a new game in town.
Credit card companies, those considerate “aw-shucks” guys are at it again. They’ve come up with a new thing to separate yo...

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Alan, we barely knew ye!
Who is Ben Bernanke? He’s the newly nominated Fed chairman that’s who! President Bush picked his top economic advisor for the j...

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Someone Take Control…Please!
In my household, I handle the money and the bills. I am sure that all of you reading this post are truly shocked at that news flash! My wi...

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Don’t let the “Universal Default” clause get you
The Universal Default rule is an obscure, hidden-in-the-fine-print clause credit card issuers use to snare the unwary credit traveler. Banks an...

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Credit Card Accelerated Payment Plans
If you want to do something about your credit cards’ outstanding balances before any minimum increases, there’s a simple technique yo...

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The Holidays Are Fast Approaching
Wonder why your credit card issuer did not change your minimum payment requirements despite recent changes in the law? It’s not cause th...

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