small business

In 2008, the FDIC successfully shut down 25 banks. This year it has already been six. To date, the FDIC had generally been able to find a buyer of one of the failed banks' deposits. After all, outside of IndyMac, the large majority of…

This article is from special guest contributor Steve Sildon, Senior Editor for CreditCardAssist.com, where he provides tips and advice for business owners on the strategic use of short-term debt and credit cards for small business…

There is no way to look past the way that the U.S. TARP (Troubled Asset Relief Program) has been administered and not understand we are seeing crony capitalism at work. One only need look at the way the British are doing things to see a…

Today, the Seattle Federal Home Loan Bank (FHLB) has admitted that it is on the verge of collapse and may need to avail itself of conservatorship, much as Fannie Mae and Freddie Mac did previously. One should see this announcement as a…

It was a surprise and honor to visit the indispensable finance resource Business Pundit and find our site mentioned amongst the list of best business blogs for the year. Thank you Drea for mentioning us. And thank you readers for getting…

Japan’s policy makers generally procrastinated considerably in terms of implementing any kind of stimulative measures, as well as prematurely reversing the benign impact of policies which had some earlier success. In terms of monetary…

So, here we are one day into a brave new world, having seen America elect Barack Obama President. You might think the clouds would part, the sun would come out and all would be well with the world. Yet, it seems like quite the opposite is…

If you haven't noticed, credit is hard to come by these days. And the data are finally showing this state of affairs. The latest data from August show that consumer credit plunged by $7.9 billion, the most since record keeping…

The Washington Post has a story on regional and healthy banks that I highly recommend. Essentially, we are past the first wave of writedowns and are moving into phase two where it won't be about derivatives and RMBS's as much as underlying…