Bank reform call targets corpse of the U S bank system
Column argues the banking system remains alive only by fiction. It condemns bailouts and incentives, cites FDIC data, and promotes Limited Purpose Banking as the cure. Author Laurence J. Kotlikoff supports moving deposits and adopting mutual fund based banks.
MENTIONED IN THIS ARTICLE
Washington
FDIC
Jimmy Stewart
Laurence J. Kotlikoff
Wiley & Sons
Kotlikoff
Boston University
Uncle Sam
You
Retirement Hot Spots Across the United States
Brady cites Asheville Sarasota Paris Austin Winston-Salem Beaufort Green Valley and Green Valley as retirement options highlighting water access culture historic sites and low costs. Downsides include crowds heat traffic crime and development pressures while amenities vary by location and season.
MENTIONED IN THIS ARTICLE
Paris
Nashville
Memphis
Brady
Winston-Salem
Reynolda Gardens
Reynolda House Museum of American Art
Wachovia Center
Fewer workers save for retirement, study finds
The Retirement Confidence Survey from EBRI and Mathew Greenwald and Associates shows 27 percent of workers had less than $1,000 saved in 2010, up from 20 percent in 2009. Among savers, 54 percent have under $25,000 and 46 percent have calculated their needed retirement fund.
MENTIONED IN THIS ARTICLE
Tiffany Hsu
L0s Angeles Times
Los Angeles
Employee Benefit Research Institute
Mathew Greenwald
Associ
Ates Inc
U.S
ARC loan fallout shows uneven access for small businesses
The Recovery Act ARC program drew mixed results as Hughes failed to receive a requested amount, receiving only 8,100 dollars for six months while lenders flag high default risk. Banks cite complex requirements and documentation burdens amid broader concerns about program regulations and borrower qualification.
MENTIONED IN THIS ARTICLE
Hughes
ARC
Chase Bank
Chase
Greg Hassell
Detroit
Hassell
ABC
Texas
Tony Wilkinson
National Association of Government Guaranteed Lenders
Wilkinson
Southwest Securities Federal Savings Bank
SBA
Dave Green
SBA Lending
Office of Management and Budget
Stamler
Southwest Securities
Green
Wells Fargo
Tom Burke
Burke
Also Mentioned on This Page
Scott
Scottburns.com
Scott Burns Universal Press Syndicate
Blue Ridge Mountains
Asheville
Sarasota, Fla
Sarasota
Florida
John and Mable Ringling
Ringling Brothers
Prescott, Ariz
Prescott National Forest
Whiskey Row
Arizona
Paris, Tenn
Austin, Texas
Austin
TopRetirements.com
University of Texas
Winston-Salem, N.C
Beaufort, D.C
Beaufort
Hilton Head
Savannah
the Sea Island
Green Valley, Ariz
Green Valley
Tucson
Estella Loretto
Jemez Pueblo
Round House
Capitol Building
Santa Fe
N.M. Santa Fe
Sylvia Brim
Retirement Planning Associates
H&r Block Tax & Business Services
Virginia E. Jensen
Rockwell
Ste
Cedar Rapids
Jeff Johnson
C Street
Dennis Mulherin
AAMS
Boyson Rd
Dward Jones OL
Edwardjones.com
SIPC
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