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Joined: Oct 11, 2010Comments: 17
Forum Threads: 37Forum Posts: 159
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Recent Community Posts

Navy Federal To Pay Back $23M To Members, $5.5M In Fines
Updated: Oct 14, 2016 by jimbeau  |  13 comments  |  Financial News

The CFPB said Tuesday the $77 billion Navy Federal Credit Union will pay $23 million to members and a $5.5 million civil penalty for making false read more

Trump Discusses The Plight Of Savers And Low Interest Rates
Updated: Oct 8, 2016 by Bozo  |  47 comments  |  Financial News

Trump in an interview on CNBC says the low interest rates for savers and seniors is nothing less than discrimination. He said that for people who did read more

Wells Fargo Troubles Mount With Penalty For Soldiers' Car Loans
Updated: Oct 2, 2016 by Bozo  |  2 comments  |  Financial News

Wells Fargo & Co., reeling from weeks of pummeling over fraudulent customer accounts, is now facing a Justice Department sanction over improperly read more

Drop In U.S. Consumer Spending Clouds Fed Rate Hike Outlook
Posted: Sep 30, 2016 by Purplesage  |  0 comments  |  Financial News

U.S. consumer spending fell in August for the first time in seven months while inflation showed signs of accelerating, mixed signals that could keep read more

Report: Yahoo To Confirm Major Data Breach Affecting At Least 200M Accounts
Updated: Sep 22, 2016 by Shorebreak  |  3 comments  |  Miscellaneous

Earlier this summer a hacker claimed be selling credentials for at least 200 million Yahoo accounts. Well, unfortunately for hundreds of millions of Yahoo read more

The End Of Social Security
Updated: Sep 15, 2016 by paoli2  |  7 comments  |  Financial News

Today's doom and gloom report: one famous economist, James Dale Davidson, boldly states… “We could see the end of Social Security as soon as 2017,  read more

Wells Fargo To Pay Around $190 Million Over Fake Accounts That Sparked Bonuses
Updated: Sep 15, 2016 by jimbeau  |  8 comments  |  Financial News

The Consumer Financial Protection Bureau has fined Wells Fargo $100 million for what it calls "the widespread illegal practice of secretly opening read more

Wells Fargo CEO Puts Blame On Employees
Posted: Sep 13, 2016 by Purplesage  |  0 comments  |  Financial News

As public and congressional pressure mounted on Wells Fargo & Co. executives, its top two bankers had an explanation Tuesday for allegedly illegal read more

Fed Official Says She Favors 'Prudence' In Raising Interest Rates
Updated: Sep 13, 2016 by Shorebreak  |  1 comment  |  Financial News

The Fed trots out their minions to calm the markets. Rate rise? What rate rise? Lael Brainard, a Federal Reserve governor and a leading proponent of read more

The Fed May Be Preparing For The Unthinkable - Negative Interest Rates In America
Updated: Sep 12, 2016 by buckeye61  |  6 comments  |  Financial News

Negative interest rates are spreading like a virus. Central banks in the Eurozone, Switzerland, Sweden, and Japan all have below-zero policy rates. read more

Jobs Report Halts Federal Reserve's Interest Rate Hike Mojo
Updated: Sep 6, 2016 by Shorebreak  |  3 comments  |  Financial News

From Time's Money:When the Federal Reserve meets later this month, the smart money now bets that talk of an interest rate increase will not be on the read more

A Cashless Society? Some Retailers Turn Noses Up At Currency
Updated: Sep 6, 2016 by Purplesage  |  5 comments  |  Financial News

Stroll into the airy Kit and Ace store on Woodward Avenue in Detroit and you're struck by the minimalist style that highlights the brand's comfortable, read more

US Job Creation Rebounds Strongly In June
Updated: Jul 9, 2016 by Shorebreak  |  3 comments  |  Financial News

The US economy created 287,000 jobs in June, rebounding strongly from disappointing growth in May. The figure was much stronger than forecast, and the read more

Fed's Evans Sees Case For Deferring U.S. Rate Hikes For Years
Updated: Jun 6, 2016 by Purplesage  |  2 comments  |  Financial News

Lock in those 5-year 2.00% APY offerings while you can... In a dovish shot across the bow of a Federal Reserve widely expected to raise U.S. interest read more

FDIC Insured Bank Bail Ins....Are We At Risk Of Losing Our Money ?
Updated: May 14, 2016 by decades  |  14 comments  |  Ask The Community

My 90 year old father heard this on the radio about large banks going bankrupt...derivatives ..fine print in fdic rules etc. and asked me to google it .He read more

Finance Leaders Pledge Forceful Response To Boost Economy
Updated: Apr 16, 2016 by Purplesage  |  1 comment  |  Financial News

WASHINGTON (AP) - Finance officials are pledging a more forceful effort to stimulate a sluggish worldwide economy. The hope is that stronger growth can read more

Yellen Says Fed Should Proceed 'Cautiously' Given Global Risks
Updated: Mar 29, 2016 by Purplesage  |  1 comment  |  Financial News

Federal Reserve Chair Janet Yellen said on Tuesday the U.S. central bank should proceed "cautiously" as it looks to raise interest rates again, because read more

The Cost Of Stamps Is Going Down - Just Before Tax Day
Updated: Mar 11, 2016 by Purplesage  |  1 comment  |  Financial News

From Forbes: Check that envelope before you send out your tax return: you might need less postage. The cost of stamps is about to drop - about a week read more

Why Your Retirement Calculator Could Be Your Downfall
Posted: Feb 27, 2016 by Purplesage  |  0 comments  |  Financial News

An online planning tool might seem like an easy way to determine your financial standing in retirement, but the results could be wildly inaccurate, read more

Bernanke Says Fed Likely To Add Negative Interest Rates To Recession-Fighting Tool Kit
Updated: Feb 4, 2016 by Bozo  |  9 comments  |  Financial News

By WASHINGTON (MarketWatch) - The Federal Reserve should consider using negative rates to counter the next serious downturn, said former chairman Ben read more

More Central Bank Rate Cuts Coming Before Any Hike
Posted: Feb 3, 2016 by Purplesage  |  0 comments  |  Financial News

Global interest rates are likely to go even lower before they rise as financial market volatility and the specter of deflation raise fresh doubts about read more

UK: 'Banks Want Me Get An Online Account And Use Contactless Cards - But I Refuse'
Updated: Feb 2, 2016 by Purplesage  |  2 comments  |  Financial News

In the UK, a battle between the big banks and a breed of traditional savers who are rejecting modern technology. They like banks that still issue read more

Rate Hike? Not Until 2017, Says Market
Updated: Feb 1, 2016 by cumulus  |  2 comments  |  Financial News

The Chicago Mercantile Exchange’s “FedWatch” tool shows that traders are now betting the Federal Reserve will probably wait until 2017 before another read more

US Economic Growth Slows Sharply
Posted: Jan 29, 2016 by Purplesage  |  0 comments  |  Financial News

The US economy grew at an annualized rate of 0.7% in the fourth quarter of 2015 compared with the same quarter a year ago, official figures show. The rate read more

2.50% 5 Yrs
Updated: Jan 25, 2016 by ccdagg  |  3 comments  |  Bank Deals

5 yr certificate 2.50%  180 day ewp

Nasa Federal Credit Union
Updated: Jan 14, 2016 by Purplesage  |  3 comments  |  Bank Reviews

This is the second day I've been trying to open a 49 month account. Filled out the application online yesterday morning, Rep. stated they would get back read more

What Do You Need To Pawn Your Car For Instant Cash?
Updated: Aug 26, 2015 by MidAtlantic  |  7 comments  |  Financial News

Getting good cash can be difficult, and getting cash quickly can be just as hard. Getting both would be downright impossible if vehicle pawn loans weren’t read more

Barclays Pushes Fed Hike Call To March From September - Marketwatch
Updated: Aug 24, 2015 by Purplesage  |  1 comment  |  Financial News

 "Although we continue to see economic activity in the US as solid and justifying modest rate hikes, we believe the Federal Reserve is unlikely to read more

Can The Fed Ignore This Market Rout?
Updated: Aug 24, 2015 by ChrisCD  |  3 comments  |  Financial News

I believe the stock market turmoil will continue until the Federal Reserve's September rate hike is taken off the table. If this happens, as I discussed read more

Fischer: No Rate Hike Until Fed Sees Inflation Returning To Normal
Updated: Aug 11, 2015 by Shorebreak  |  4 comments  |  Financial News

The Federal Reserve is concerned about low inflation and won't move before it sees inflation returning to more normal levels, said Stanley Fischer, the read more