Posts tagged as:

Wachovia

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? [...]

1 comment Read the full article →

More Phony Tax Emails… It Must Be Election Season!

2 September 2008

This morning, I received this email from a friend:

Time to consider your pocketbook:
C A PIT A L G A INS T A X
MCC A IN:
0% on home sales up to $500,000 per home (couples). McCain does not propose any change in existing home sales income tax.
OB A M A:
28% on profit from [...]

3 comments Read the full article →