San Bernardino, Calif Files for Bankruptcy
by Evita Page
The third California city to file bankruptcy in the past two weeks is San Bernardino. It has no money for payroll and says if it doesn’t file, the city could, in essence, shut down.
Shortfalls & Suicide Attempts: Peregrine Financial
by Beth May
Peregrine Financial Group is front and center and is now being investigated and there are several investors who aren’t mincing their words. The CEO attempted suicide this week, which only adds to the mystery.
Medical Marijuana – Leave Credit Card at Home
by Antonio Bard
For those who rely on medical marijuana, a new push to not use your credit card means you’ll now pay cash.
Stupid Money Decisions: Proactive vs. Reactive
by Jon Dell
Every generation has its events that bond the human race. These days, everyone can relate to another’s financial plights. Still, there are things no one should be doing in “panic mode” when it comes to their finances .
A Look Back: 2011 and Credit Sector
by Evita Page
The movers and shakers in the financial sector were keeping the media busy last year. How much has changed and what about the scandals?
Unemployment to Remain High?
by Beth May
Is it possible the 8%+ unemployment rate can persist for several more years and which presidential candidate is best equipped to solve these problems?
Banks and Their Ulterior Motives
by Evita Page
Are banks doing their part to keep a division among low income customers and those with multiple high yield accounts that keep them as preferred customers?
Retiring at 65? Think Again
by Antonio Bard
Sometimes even the most cautious planning isn’t good enough, as many would-be retirees are realizing they’re going to have to work longer.
AMEX to Begin Issuing Secure Chip Cards
by CreditCardsLab
American Express announced last week it would begin issuing new technology that equates to safer secure chip cards. The challenge now is getting merchants on board.
Another Madoff Pleads Guilty
by Jon Dell
Peter Madoff will soon get an up close and personal look into his brother’s new daily routine as he’s sentenced for stealing from invstors.
Dozens Arrested in Financial Cybercrime Crackdown
by Antonio Bard
Dozens arrested in international crime spree that included credit card and identity theft, among others.
Want to Close Your Checking Account? Pay Up
by Beth May
Congress has been asked to look into fees banks are charging to close consumers bank accounts.