Stick figures explain the subprime meltdown
Thursday, May 22nd, 2008WARNING: Great presentation, but uses a little vulgar language. And you may need to view it fullscreen @ SlideShare to read it. | View | Upload your own
Archive for the ‘In the news’ Category
WARNING: Great presentation, but uses a little vulgar language. And you may need to view it fullscreen @ SlideShare to read it. | View | Upload your own
I’m a millennial/Gen Y and proud of it!
Friday, November 16th, 2007Last night 60 Minutes aired a piece on "Millennials", people born between 1980 and 1995 (aka Gen Y), entering the workforce and what complete junk. Apparently we are self-absorbed and we need to learn how to use a knife and a fork. I don't know about you guys, but I never had ...
50 and 50
Tuesday, September 18th, 2007The Fed just dropped the discount window another 50 bps and the fed funds rate 50 bps. The 50 bps drop in the funds rate was quite a surprise and the Dow jumped nearly 200 points immediately. Credit unions now need to carefully observe their balance sheets and manage appropriately if ...
Mmm, Cake… Cake Financial that is
Monday, September 17th, 2007Cake Financial has launched their public "alpha" today at TechCrunch40. Bringing a new spin to social networks, Cake enables investors to track their performance next to their peers, their friends, and other investors. By automatically plugging in to most of the major brokerages, Cake can automatically retrieve your holdings for up ...
Switching banks…
Sunday, September 16th, 2007Addressing pain points for consumers is always a great way to launch a successful business and the new BankSwitcher is doing just that. BankSwitcher analyzes consumers' checking accounts for direct deposits, automatic payments and the like to determine what exactly needs to be switched by using Wesabe's newish free API. ...
FIS Data Leaked
Tuesday, July 3rd, 2007FIS, or Fidelity Information Services, had an employee steal confidential consumer information and sell it. FIS has their official press release here. What would happen if a CU employee decided that their member data was worth something and sold it? How would or should a CU react in this instance? FIS' ...
WalMart in the news about offering financial services
Wednesday, June 20th, 2007The Financial Times published an article today, "Wal-mart to open 1,000 Money Centers", providing some details into the major retail chains entry into the financial services market. Although WalMart dropped their ILC plans in March 2007, they've decided to utilize pre-paid money cards to get into their customers wallets. WalMart ...
Another CU privacy mis-step
Saturday, June 2nd, 2007In the wake of the Priority One mistake (here and here) it looks like Jax Federal Credit Union had a little mistake as well. It seems that they had a little problem with their printing vendor and the transmission of statements on their site wasn't encrypted. Google managed to index ...
