Feds Rolling in the Student Loan Profits
Millions of families are buckling under massive credit card debt and student loan debt. So why is the government raking in billions in profits from that misery?
Why Did Schnucks Hide Massive Breach?
April 16, 2013
Schnucks Supermarket knew about a massive credit card breach at its stores but it still continued accepting debit and credit cards from its customers instead of putting protective mechanisms in place.
Problems Continue for SAC, Senior Employees
April 2, 2013
Things continue to worsen for SAC Capital Advisors as Michael Steinberg was greeted by the FBI and handcuffs when he answered his door last week.
Court Sides with Miss. Bank
March 26, 2013
After several years and legal appeals, a Mississippi bank has won a court case that includes a ruling that it doesn’t have to cover a $440,000 loss due to wire fraud.
Equifax Violates FCRA, Fined
March 19, 2013
Equifax continues to violate U.S. financial laws, this time, compromising consumer privacy. Here’s what the FCC found.
AMEX CEO Chenault Receives Record Salary
March 14, 2013
Should Chenault be given a record breaking salary and bonus package despite the unethical business practices American Express has been found guilty of?
What Credit Card Companies Know, but Don’t Want You to Know
February 26, 2013
Financial institutions are considering new ways of determining whether you or I are creditworthy. But they’re not keen on letting us in on those new efforts.
Why Job Seekers Should Care About FTC Changes
February 12, 2013
There are big changes in federal laws that will determine whether or not millions are offered jobs – and it’s all based on how well they maintain their credit card payments and mortgage payments.
BoA Small Business Lending Program
January 29, 2013
Bank of America has met its challenge to bring aboard 1,000 small business bankers. The goal is to provide resources and financial tools to the nation’s small business owners.
Contradictory Personal Finance News
January 17, 2013
It’s not until you explore the numbers that the picture emerges on two personal finance reports that are seemingly different. It becomes clear the message is the same in both, though.
Citi Announces New Co-Presidents, Other Changes
January 8, 2013
CitiBank is working from a proactive stance these days, including shifting its management team around. CEO Michael Corbat says it’s only going to strengthen the big bank.
One Last Fiscal Cliff Look for 2012
December 31, 2012
Last day of the year and one last look at fiscal cliff while we’re still a few hours on this side of it. Recession has been guaranteed if lawmakers can’t find solution and interest rates will rise and tax breaks …
