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Fed Maintains Status Quo, Keeps Key Rate at Record Lo...
By James Gelfer on December 16, 2009 | No Comments
Earlier today Ben Bernanke, the Chairman of the Federal Reserve, announced that the Fed would be leaving the nation’s key interest rate at its current “exceptionally low” level. Since December of last year, the rate has been set at 0 to .25-percent in an effort to spur lending throughout the c... -
Credit Card Companies Hike Rates to Beat CARD ActBy James Gelfer on December 4, 2009 | No Comments
This month I opened my bank statement to find that my bank, Bank of America, had included a little note that outlined one of their new policies. It informed me that they would no longer be charging unlimited overdraft fees and would set a limit of four $35 charges per day. While this may seem like a... -
Executive pay regulators! Mount up!
By Scott on October 19, 2009 | No Comments
Executive pay regulators… Regulate any excessive compensation in this economy— We’re damn good too. But you can’t be some geek off Wall Street, You’ve got to have public appeal if you know what I mean, Earn America’s keep. These are the words President Obama now passes to Washington at...
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