Month: September 2009

Fed Officials Unsure About Raising Interest Rates

The Federal Reserve lowered interest rates in a move to battle the coming recession when signs were clear our nation was heading that in that direction. Since, they have combated the effects of the recession while trying not to drive…

Bank of America, New Policy On Overdraft Fees

Bank of America has announced that it will no longer charge overdraft fees to customer’s who overdraw their account by less than $10 and will give them five days to correct the balance in their account before finally being charged…

FDIC, Banks, Prepay On Deposit Insurance Premiums

The FDIC is seeking advancement on the next three years worth of insurance premiums from banks in order to help the FDIC fund, which has been stressed to the max by an overwhelming amount of bank failures. The FDIC fund…

Obama Facebook Poll: Angry Politics or Racism?

A story that shouldn’t have been given any attention due to its nature has become widely circulated and many believe the Facebook poll, which surveyed if President Obama should be killed is thought to be more than just a survey…