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Joined: Dec 5, 2011Comments: 130
Forum Threads: 3Forum Posts: 43
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Recent Community Posts

Can Bank Of America Survive A 'Run On The Bank' In 2012?
Updated: May 12, 2012 by fragfarmer  |  3 comments  |  Bank Deals

From TheStreet What would happen if Bank of America (BAC) were to suffer a run on deposits? While most of the discussion on regulatory reform in the wake read more

What Older Workers Don't Know About Social Security
Updated: Apr 24, 2012 by foggy  |  4 comments  |  Financial News

This US News article is a good review of certain aspects of Social Security which may not be familiar to people approaching retirement.  What Older read more

10 Things The IRS Won't Tell You
Updated: Apr 17, 2012 by Apache  |  1 comment  |  Financial News

This Smart Money article provides some useful and interesting things about taxes and the IRS. Number 9 on the list is worrisome since our tax returns have read more

Fed ‘Hawk’ Wants Rate Hike This Year Or Next
Updated: Apr 12, 2012 by Apache  |  3 comments  |  Financial News

From the WSJ Real Time Economics blog “My own belief is that we will need to initiate our somewhat lengthy exit strategy sometime in the next six to read more

Problems When Depositing A Tax Refund Check At A Chase ATM
Updated: Apr 8, 2012 by Ally6770  |  3 comments  |  Miscellaneous

This Consumerist article has an interesting report on a problem a guy had when he tried to deposit his tax refund check into a Chase ATM. The check was read more

Petition For Fair Interest Rates On Our Savings
Updated: Apr 4, 2012 by Apache  |  5 comments  |  Financial News

http://signon.org/sign/the-feds-zero-percent Please, please click the link above and add your name. Time is running out!   Signatures are read more

Fed's Low Interest Rates 'Toxic' For Economy: Pro
Updated: Apr 2, 2012 by Apache  |  3 comments  |  Financial News

While the U.S. Federal Reserve has reiterated it would keep interest rates near zerountil late 2014, Sam Chandan, Chief Economist at Chandan Economics, read more

Signon.Org's Savers Petition
Posted: Apr 1, 2012 by Apache  |  0 comments  |  Miscellaneous

I read a post yesterday from another poster giving us a link to sign a Savers Petition on SignOn.org.  I was glad to have an available Petition to read more

Don’t Expect Your Bank Or Credit Union To Offer No-Load Mutual Funds
Updated: Mar 30, 2012 by Apache  |  3 comments  |  Financial News

Whether we are talking about credit unions or banks, unless you are making a deposit or withdrawal you are probably engaging in a sales process that read more

American Consumer Desperately Needs Interest Income
Updated: Mar 29, 2012 by Apache  |  1 comment  |  Financial News

Stephen Roach, a professor at Yale University and former non-executive chairman for Morgan Stanley Asia, talks about the economy and the Fed in this read more

Its My Money I Will Do With It What I Please!!!
Updated: Mar 29, 2012 by Apache  |  2 comments  |  Bank Reviews

I went in the other day to BSB and took out a fair amout of money. The teller asked me what the money was for. HELLO? THAT IS VERY VERY RUDE!!! If I want read more

Feds Ready To Dump Ally Financial
Updated: Mar 28, 2012 by Shorebreak  |  2 comments  |  Bank Deals

Treasury Department fears Ally will never be able to pay back its $17.2 billion. http://www.consumeraffairs.com/news04/2012/03/feds-ready- read more

Annuity Salesperson Sentenced To Jail Time
Updated: Mar 27, 2012 by Apache  |  1 comment  |  Financial News

From Clark Howard's show notes: For as many years as I can remember, I have had so much anger about insurance salespeople who sell annuities to senior read more

BEWARE - Large Deposits Held For 10 Days. If You Need Money, DO NOT DEPOSIT IT!!!
Updated: Mar 26, 2012 by 51hh  |  2 comments  |  Bank Reviews

I switched to Capital One on March 9th and was so excited because they are a large bank, offer the rewards program, and are a very visible force in any read more

Bernanke Wants Us To Spend More
Updated: Mar 23, 2012 by CraigPD  |  4 comments  |  Financial News

While  I don't subscribe to the theory that he's intentionally trying to screw things up, I must admit his recent comments gave me a chuckle. read more

Evaluation Of The Bestselling Book Bank On Yourself
Updated: Mar 23, 2012 by Ken Tumin  |  3 comments  |  Financial News

Allan Roth in this CBS News article reports on his evaluation of a financial strategy promoted in the bestselling book. As usual, if it sounds too good to read more

Updated: Mar 22, 2012 by Bozo  |  2 comments  |  Bank Reviews

I just spoke to an incredibly rude man on the phone who instead of listening to me explained that I was totally wrong with out listening to me, explained read more

JPMorgan Chase Clients With Under $100K Unprofitable
Updated: Mar 16, 2012 by ekat  |  3 comments  |  Bank Deals

From Bloomberg JPMorgan Chase & Co. (JPM), the largest U.S. bank by assets, said about 70 percent of customers with less than $100,000 in deposits and read more

A Goldman Sachs Exec Quits, Calling The Firm's Environment "Toxic"
Updated: Mar 14, 2012 by Apache  |  2 comments  |  Financial News

From The Bottom Line at msnbc.com: In a very public and scathing resignation letter, Goldman Sachs executive director Greg Smith has called the read more

FOMC Preview: Lots Of Talk, Little Action Expected
Updated: Mar 13, 2012 by Apache  |  1 comment  |  Financial News

From the WSJ MarketBeat blog No major policy changes are expected in FOMC statement, although discussions about the U.S. economy should offer clues on read more

Big Banks At Center Of Interest Rate Probe
Updated: Mar 12, 2012 by Apache  |  2 comments  |  Financial News

From CNNMoney.com It affects everything from mortgages to credit cards to student loans, and now some of the world's biggest banks are at the center of a read more

Bill Introduced To End The Fed's Dual Mandate - Goal Of A Petition?
Updated: Mar 11, 2012 by lou  |  2 comments  |  Financial News

From Reuters: The bill by Representative Kevin Brady would require the Fed to focus solely on price stability, as is the practice for most major central read more

Who Is A Saver?
Updated: Mar 11, 2012 by lou  |  3 comments  |  Ask The Community

Just a few random musings. Some folks seem to equate being a "saver" with someone who plunks down extra cash in savings accounts or CDs. "Savers", thus read more

I.R.A Specials
Updated: Mar 10, 2012 by Apache  |  1 comment  |  Bank Reviews

One of the best around....This bank gets overlooked too often...This bank puts some of the "big" commercial banks to SHAME...Small bank goes the read more

Stanford Guilty Of Bilking CD Investors Of Billions
Updated: Mar 7, 2012 by Apache  |  2 comments  |  Financial News

From Reuters via Yahoo! Finance: Allen Stanford was convicted on Tuesday of running a $7 billion Ponzi scheme, a verdict that caps a riches-to-rags read more

Smart Strategies For Taking Required Minimum Distributions
Updated: Mar 5, 2012 by Apache  |  1 comment  |  Financial News

From U.S. News & World Report After years of delaying income tax on your 401(k) and IRA contributions, Uncle Sam comes to collect in retirement. read more

0.2% Interest? You Bet We’ll Complain
Updated: Mar 4, 2012 by Apache  |  1 comment  |  Financial News

"...the Fed drove down interest rates to almost zero to shore up big banks and an economy that those banks helped drive off a cliff. Now savers, read more

When Your Bank Doesn't Want You
Updated: Mar 2, 2012 by Apache  |  1 comment  |  Miscellaneous

Banks are getting better at recognizing when they need to raise fees and which customers they can afford to lose. When your bank doesn't want you - read more

Cut Social Security For The Rich? We Already Have.
Updated: Feb 29, 2012 by Apache  |  1 comment  |  Financial News

From Fortune Magazine via CNNMoney.com It's an old trope: Tap the nation's wealthy to help the less fortunate in their autumn years. Too bad they're read more

Living To 100? That Will Be $3.5 Million
Updated: Feb 23, 2012 by Apache  |  1 comment  |  Financial News

I'm not sure how this SmartMoney article came up with this number, but that is what it claims. It breaks down expenses by decade starting with the 60's, read more