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Banking

Credit Unions: Still the Best Bet for Consumers

Fred R. Becker, Jr. | Posted 12.12.2012 | Money
Fred R. Becker, Jr.

What are some of the other advantages of credit unions? People before profits. At credit unions, members are owners and have a say in how it is operated. The "profits" go to members in the form of lower fees and better rates.

Jamie Dimon Just Earned Another Pair Of Cufflinks

The Huffington Post | Mark Gongloff | Posted 10.12.2012 | Business

Ben Bernanke just can not stop rescuing banks. He's like a chocoholic, except for alcohol rescuing banks. Friday morning brought another example, w...

Banks Are Too Big To Succeed

The Huffington Post | Mark Gongloff | Posted 10.11.2012 | Business

Thing One: Too Big To Succeed: Instead of cursing the too-big-to-fail banks like we do, maybe it's time we tried to sympathize with them. We're not...

Study: Banks Will Always Suck At Trading

The Huffington Post | Mark Gongloff | Posted 10.08.2012 | Business

Science has spoken: Banks are doomed to suck at trading forever and should be stopped before they crash the global economy again. A new study by e...

What Bernanke Didn't Want to See

Richard Barrington | Posted 11.27.2012 | Business
Richard Barrington

If Ben Bernanke was unhappy to see inflation rear its ugly head, depositors in savings accounts, money market accounts and other bank products should give him company in his misery. If inflation is here to stay, it would add an ugly new wrinkle to an already troubled economy.

The Most Costly Banking Mistake You Can Make

Credit.com | Posted 11.27.2012 | Money
Credit.com

With consumers expressing confusion over their banks' fee structures and banks ordering transactions in such a way as to maximize their collection of such fees, people continue to get hit with the mother of all fees.

5 Money Matters You MUST Attend To Post-Split

Nancy Van Tine | Posted 11.21.2012 | Divorce
Nancy Van Tine

Everyone knows how devastating, frustrating and emotionally difficult divorce is. Sometimes though, we overlook the other, more logistical challenges of splitting up.

America's Path to Economic Slavery Under the Republicans

Sanjay Sanghoee | Posted 11.19.2012 | Politics
Sanjay Sanghoee

By systematically dismantling the public education system and clamping down on college aid, the GOP is ensuring that children from low and middle-income families are denied the opportunity to obtain the basic skills and training needed to land well-paying jobs in the future.

Oversight: Why Congress Needs to Back the Securities and Exchange Commission

Sanjay Sanghoee | Posted 11.17.2012 | Business
Sanjay Sanghoee

For the SEC to do its job properly, it needs adequate resources, and for that it needs the support of Congress. To understand why the budgetary issue is so important, and why the SEC deserves more funding, let's look at the trajectory of the Commission since the Madoff scandal.

Occupy Predicts Anniversary Resurgence

Mark Taylor-Canfield | Posted 11.14.2012 | Politics
Mark Taylor-Canfield

As the anniversary of the Occupy Wall Street movement approaches on September 17th, occupy groups across the country are planning solidarity events. ...

Sad Findings Show Americans Stink at Managing Their Money

Steve Rhode | Posted 05.23.2013 | Business
Steve Rhode

It's apparent there is a tremendous hole in the financial safety net of the American population as a whole with these survey results. For me it's both sad and scary.

9 Great Checking Accounts for College Students

Richard Barrington | Posted 11.13.2012 | Money
Richard Barrington

Each fall, countless retailers run back-to-school specials that promise big savings. But the best money-saving opportunity for students may just be at their local bank.

When It Comes to the DoJ and Wall Street, Don't Call It "Justice"

Richard (RJ) Eskow | Posted 11.11.2012 | Politics
Richard (RJ) Eskow

Why is the Attorney General, along with others in the Administration, arguing against indicting Wall Street bankers?

Senators Try To Slow Financial Reform

Mark Gongloff | Posted 11.10.2012 | Business
Mark Gongloff

Imagine a world where banks can appeal to the highest office in the land for help if some pesky financial regulator tries to tell them what to do. It's easy if you try: There is in fact a bill slouching its way through the Senate right now that would give the president of the United States the power to slam the brakes on new regulations that banks find insufficiently lenient, the New York Times writes.

The Omerta Surrounding Goldman Sachs: A Documentary

Vivian Norris | Posted 11.03.2012 | Business
Vivian Norris

If it is true we are sleepwalking into a depression worse than we have known before, we must wake up quickly.

Catherine New

Check Cashiers: Unlikely Hero For The Poor

HuffingtonPost.com | Catherine New | Posted 08.29.2012 | Money

NEW YORK -- On a recent summer morning at a noisy South Bronx intersection, a man walked into RiteCheck, a check cashing store, to use the ATM machine...

The Five Most Irritating Statements...

Tarun Sakhrani | Posted 10.28.2012 | Business
Tarun Sakhrani

Three continents and three banks later, I can say for certain that there is a certain commonality among all bankers; it is as if they are all ingrained with the same thought process, same genetics, or at least the same mannerisms.

Wall Street Lobbies to Prevent SEC Changes to High Frequency Trading and Stock Market Structure

Jeff Connaughton | Posted 08.23.2012 | Business
Jeff Connaughton

As a former lobbyist, I almost had to admire the way they unswervingly stayed on message. And the message was that the status quo was good for everyone and that Ted and I were wasting our time exploring whether market changes might call for statutory and regulatory changes.

Time Banks

Paul Rockower | Posted 10.20.2012 | Impact
Paul Rockower

"Time is the most valuable commodity we can spend," stated the ancient Greek philosopher Theophastus; in Time Banks, the idea that "time is money" tak...

Why I Still Do Business With Bank Of America

The New York Times | Posted 10.22.2012 | Money

Okay, I've admitted it: I bank with a big, money-center bank. Specifically, Bank of America. It's not the sole institution with which I bank. But I...

Without Dimon, Who Will Fight For Wall Street? Hint: Lobbying Army

Mark Gongloff | Posted 10.21.2012 | Business
Mark Gongloff

Oh noes, everyone, terrible news: Wall Street is now officially leaderless in its fight to protect the American economy from the horrors of regulation.

Bank Fees Survey Mid-2012: Checking and ATM Costs Jump Again

Richard Barrington | Posted 10.20.2012 | Money
Richard Barrington

Nearly any way you slice it, checking accounts became a little more expensive in the first half of 2012. However, the results also indicate that consumers still have several options for combating these costs.

The Unrepentant and Unreformed Bankers

Phil Angelides | Posted 10.20.2012 | Business
Phil Angelides

These days, the business sections of newspapers read like rap sheets. Money laundering. Price fixing. Bid rigging. Securities fraud. Talking about the mob? No, unfortunately. Wall Street.

What's Protecting Your eWallet?

Daniel Burrus | Posted 10.17.2012 | Technology
Daniel Burrus

Increasingly, we'll see biometrics being used on our phones and tablets, and on all our computing devices as we make the switch from the leather wallet to the digital wallet.

Saving the Post Office: Letter Carriers Consider Bringing Back Banking Services

Ellen Brown | Posted 10.15.2012 | Business
Ellen Brown

Adding banking services is an internationally proven way to maintain post office profitability.