AIG is suing the Government. At first it seems highly ungrateful for AIG to sue its “White Knight” who swooped in to rescue it in its time of need. But when we look a bit deeper we may find that all is not as it seemed at the time. Republican Senator Jim Bunning of Kentucky, […]
Was the AIG Bailout a Scam? Read More »
In the year 1602 a new form of business organization was introduced that would change the course of economic history. The Dutch East India Company – known in its native Holland as Verenigde Oostindische Compagnie – became the first company to offer shares of ownership to the general public, thus allowing any person who became
The Amsterdam Stock Exchange: Centerpiece of Market Economics Read More »
With the incredible fluctuation in the stock market in recent years coupled with the volatility in the real estate market in most areas of the country, many investors are looking for a way to diversify their portfolio with more stable investment options. Many have already reallocated their portfolios to invest in precious metals such as
Investing in Precious Metals Read More »
The Starbucks coffee shop franchise has developed into a corporate juggernaut and has set the standard for coffee retailers across the globe. With over 16,000 store locations, Starbucks grossed over $10 billion in 2011. They continue to grow and serve over 40 countries. There is no easy answer to how this company has been able to
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On August 24th in the year 410 AD the “Barbarians” appeared at the gates of Rome and successfully sacked the city. They spent three days pillaging and causing all sorts of mayhem. Thus began the saying that has come to mean a destruction from without by uncivilized people, “Barbarians at the Gates”. Historically these particular barbarians were
Zombies at the Gate Read More »
How the Federal Reserve is Showing Financial Fear Think about one of those movie scenes when the leading man does all he can to defeat the big, bad enemy — punches, kicks, slams, stabs, shoots — but the bad guy just won’t go down. In fact he doesn’t even look fazed. That’s when the protagonist
Have you heard about the Fed’s 180 degree turn? Read More »
Throughout the history of banks, tellers represented the connection between individuals and their money in a financial institution. They handled deposits, transfers, withdrawals, loans, credit increases and account openings and closures. The Internet, however, has started to change all of that. More than ever before bank customers are choosing to process their transactions online or
Will Online Banking Render Tellers Obsolete? Read More »
