Posts Tagged ‘banking’

Pelosi speaks out for the Democrats

Today Nancy Pelosi made a bold statement about the 700 billion dollars requested by the current administration to rescue the financial markets:

Democrats believe a responsible solution should include independent oversight, protections for homeowners and constraints on excessive executive compensation.
[From The Page - by Mark Halperin - TIME]

Unfortunately, I couldn’t agree less. Now is not the [...]

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Financial Depression, can’t we take drugs for that?

What a week for the financial markets! Wow, what started the week as a minor correction ended the week with the news media calling Friday’s government bailout the equivalent of the FDR “New Deal” for 2008. I heard financial analysts saying things like “we avoided the second Great Depression!”.
Whoa, are we really in that much [...]

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Paypal Transaction Detail is Lacking…

Here is something that continues to annoy me about using PayPal to complete internet transactions. If you are a frequent PayPal user you might recognize these types of transactions showing up in your online banking reports:
PAYPAL INST XFER 010423 5T3J339YZKBAL SHAWN SMITH
Unfortunately, this provides NO detail as to what the transaction was for? So when [...]

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