Stay Up To Date
Critical Topics We Cover
Sometimes I wonder why most of the giant mega-banks are based in New York. They should be here in Las Vegas, the gambling capital of the world. Because that’s precisely what they’re doing with your money. Actually it’s not even your money. From a legal perspective, every single penny you
File this one away under “Completely Obvious…” Last night the parent company of Snapchat reported a quarterly loss of more than TWO BILLION dollars. Snapchat, of course, is the photo-focused social networking app that’s adored by tweens and adults who still live with their parents. (Talk about a lucractive demographic.)
A few days ago I spoke to a finance professor at Columbia University here in New York City who has been doing a deep dive on the financial management industry. His results were pretty concerning. One of the things that he said was that fund management fees have been dramatically
His remarks started off like dozens of presentations that I had heard so many times before. . . “Without silver,” began the speaker, “our entire society would go back to the Stone Age.” The speaker was the CEO of one of the largest silver mining companies in the world, and
The headline in the New York Times today read “U.S. Job Growth Bounces Back; Unemployment at 10-Year Low”. That’s certainly one way of looking at it. The US Department of Labor released its regular jobs report this morning showing the official unemployment rate is just 4.4% in the Land of
By late 2014 I’d finally had enough. After so many run-ins with the bitter incompetence and bureaucratic indignity of the banking system, I decided once and for all that I would start my own bank. I probably should have had my head examined, but instead I called one of my
Stay in the loop
