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PNC Bank

Twelve Days of Christmas: Who Says We’re in a Recession?

3 December 2008

Last year, the “True Cost of Christmas” rang in at $78,100. The “True Cost of Christmas” is the price of all of the items mentioned in the song “12 Days of Christmas” assuming that you sing all of the verses. The 78 items are mentioned over and over – if you count them one at [...]

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PNC and Other Banks Benefit from Bad Debts

3 November 2008

Boy, am I glad that the government pumped billions of dollars into the banking industry! Since that time, borrowing has become significantly easier. Wait, that hasn’t happened? Well, at least the Dow regained its faith in the market. Wait, that didn’t happen either? What did happen? Oh yeah, banks made more money. Need proof? I [...]

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