Is a Countrywide Bankruptcy Imminent? Investors Think So!

Countrywide Financial (CFC), one of America’s largest home-loan lenders, tried as hard as they could today to deny the rumor that the company is filing for bankruptcy. However, as today’s stock performance shows… nobody seemed to be listening.

But today’s press announcements and market reactions brings up a few interesting observations about investing:
1. Sometimes market […]

In PayPal We Trust?

I’m a big fan of the online payment processor PayPal. Even after having my account hijacked and thousands of dollars worth of computer equipment shipped to somewhere in the Philippines, I continue to use the service. It’s fast, easy, and cheap. Reasons thousands upon thousands have also relied upon the payment processor […]

How to Start Building Credit: Secured Credit Cards

A friend of mine at work recently asked me an interesting question. He’s here in the US temporarily on a “global exchange program” and was wondering how to start building his credit so that he could eventually take out a car loan, buy a condo, or just get a credit card with some points.
It […]

Key Bank’s Free iPod Promotion: The Last Chapter

Can you guess what I’m listening to right now?
If you couldn’t guess from the title to this post, I finally received my free iPod Nano from Key Bank!
I initially wrote about the promotion here, and months later wrote about my frustrations at having never received the iPod. After several phone […]

Question of the Day: Are the New $1 Coins a Good Idea?

Now that the new $1 coins are in circulation (and being sold for a premium on eBay), I thought I would ask the readers to weigh in on the usefulness of the new coins.
Personally, I think they have a certain “cool” factor to them, but in reality I would never use them. […]