Tag Archives: credit unions

Move your money WHERE?

The Huffington post now features a screaming giant headline: A NEW YEAR’S RESOLUTION Move Your Money To Community Banks This article argues that Wall Street banks are wrecking the economy and we would be better off if we collectively stopped … Continue reading

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The sky is not (yet) falling

I need to clarify my previous post, on the cheery subject of banking industry shenanigans. It seems that I was a little sloppy, apparently not putting enough energy into clearly making and stating my case. In particular, I failed to … Continue reading

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Here comes the next bank bailout

This morning I found a cute little article about a very non-cute topic. It turns out the FDIC’s bank insurance fund dropped 20% in the 2nd quarter, to a rather alarming balance of $10.4 billion. What the article failed to … Continue reading

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What to do with auto malls?

There has been a lot of news lately about auto dealers. Even before Chrysler and GM decided last week to pull the plug on a couple thousand dealerships, there were a lot of closures. Now it seems that the issue … Continue reading

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So much for my hiatus

I have to make a quick visit to mention a really sharp reporter that I’ve just discovered. Mary Kane writes for the Washington Independent, and has written a couple of extremely insightful articles about the difficulties facing the credit union … Continue reading

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Co-ops fall down

There has been a bit of bad news in the co-op world this week, which has subdued my usual bubbly enthusiasm for all things cooperative. I generally am very upbeat about how co-ops can help solve our economic problems, but … Continue reading

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Steps in the right direction

By now, most people know that AIG is going to give out $165 million in “bonuses” to the people who not only wrecked the company, but would have wrecked the entire global economy without massive and repeated bailouts (to the … Continue reading

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