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Mar. 5th, 2009

Justice?

It’s nice to know that some of the very people who got us in this mess can get burned by it.

It appears that Merrill Lynch execs were victims of the ponzi master. What goes around…..

Feb. 23rd, 2009

Maybe this will work after all

This article by Jim Jubak, investing guru at MSN Money, explains his take on the real plan by the Treasury dept. on how to fix the banking industry.

If his analysis is correct, it may just stabilize the banking industry. Of course, these things change with the political wind but it is interesting reading.

Jan. 22nd, 2009

Are Banks the New Used Cars Salesman?

We all know that used car salesmen and lawyers are typically at the top of the list of people we don’t trust or like and I now am adding banks to the list.

We all know their tactics for providing low/no service and the fees they charge for everything (a rumor that pay toilets are coming to a bank near you anyone?).

But now this article comes along and we see how the banks are even more sleazy than ever.

And what about all the bailout money? We still don’t know what the banks did/are doing with that.

I hope our new President can get the much needed reform in this area done quickly.

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