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It is a huge deal when banks charge everyone and their mother huge overdraft fees. Bank of America was one of the worst. The bank would hold your deposits or allow small transactions to go through prior to the larger deposit being made. Of course, …

A lot of public scruitiny has been placed on Bank of America after giving out nearly $6 billion in bonuses to Merrill Lynch executives. Just a week after a trial resulted in a $33 million settlement, in which the bank agreed to pay but admit …

Today’s featured e-book download is Banking Basics (721 KB, 44 pg) – an important e-book for anyone of any age to read. It contains answers to some financial matters that are directly affecting our economy’s financial system right now.
What you can learn from this booklet
From …

Bank of America first hit the news as one of the major banks receiving TARP funds. The government “stress tests” found that Bank of America needed $33.9 billion in capital just to survive. When that news came out, they started selling extra stocks and liquidating …

The CEO of Citigroup, Vikram Pandit, delivered a speech to end the first day of the National Summit in Detroit. The purpose of the summit is basically just a meeting of the minds, business, economic and government leaders, to develop strategies to keep America competitive …