Mar 5, 2009
We talked about this last fall. Credit card companies that abuse their authority, and make a huge negative impact to the consumer. American Express, Chase Cut Card Limits, how does this effect you? What can you expect in the future, and what can you do to stop this sort of abuse. All of these are valid questions, but the answers might shock you.
Let’s first visit the idea of what your credit card payments are going to be with this new “Terms of ... Read More
Feb 16, 2009
We were recently sent an article that was posted in the New York Times. This article was written by a Mr. Cox, who also writes for breakingviews.com. This has to been one of the biggest pieces of spew that has come out of the whole financial meltdown. Just in the first paragraph the rhetoric is beyond digestive excrement. After reading through this pile, it is left to you to feel sorry for these SEO's and Directors who were instrumental in causing this ... Read More
Feb 5, 2009
Since the inception of "TARP" a long list of comapnies have applied for federal relief. Some of the biggest hitters applying for TARP have been hit hard in their own wallets now. We have the list of companies who applied for and recieved Bail Out money, we also have some interesting numbers on how much of a pay cut their upper level executive crust will take. Read More
Feb 4, 2009
Today President Obama announced executive salary caps for all business's that apply for federal relief. This is a start in the right direction to regulating out of control corporate criminals. We will follow this administration on this situation, and will publish reports of companies that are not adhering to policy. Read More
Jan 24, 2009
Citigroup, recipient of another $45 billion, made the opposite call. While trying to keep a low profile, the company is still fielding an army of Washington lobbyists working on a host of issues, including the bailout. In the fourth quarter, it spent $1.77 million on lobbying fees, according to its lobbyists’ filings. Read More
