What happens when checking isn’t free
The New York Times recently had an article on the pending demise of free checking (Free Checking Could Go the Way of Free Toasters, Jan 23). As the article notes, free-fee checking accounts had become...
View ArticleParrots and mortgages
The Wall Street Journal had a surprising picture on Thursday’s front page: Why a lady and a parrot? It’s not even stippled! What’s with that? Is it just evidence that Rupert Murdoch really is out to...
View ArticleChanging gears at Bank of America
The financial crisis was just that, financial. The root cause of the crisis did not generally lie in operations. Now, however, the federal legislation overhauling financial regulation is forcing major...
View ArticleEmergency cash
Of all the questions that have been asked in the wake of Hurricane Sandy, I bet you have not asked yourself, “But how has this affected the banks?” I’m not talking about the big investment firms that...
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