There's more confusion in the Obama administration's policy response to the foreclosure crisis than an Abbott and Costello routine. Now the Fed steps up to the plate.
Consumers are regularly disappointed when they are drawn into accounts portrayed as "free" and then wind up being socked with fees and charges. Then they tell all their friends.
Customers might think banks are giving them great deals when they're actually getting ripped off. Upfront charges, however annoying, are far preferable to hidden costs.
There's a difference between projecting confidence and ignoring risk. In their public handicapping of mortgage litigation, bank executives have done the latter.
Over the years, I've asked scores of bank managers about their best employees. As often as not, the most productive were folks from non-banking backgrounds, quite often without college degrees.
Over the years, I've asked scores of bank managers about their best employees. As often as not, the most productive were folks from non-banking backgrounds, quite often without college degrees.
In this world of tax deductibility, image burnishing and damage control, does that old saw about giving versus receiving have any contemporary relevance?
