Business

 
Is Bank of America Too Big to be Held Accountable?
 Bank of America has been foreclosing on an average of seven thousand five hundred homes per month. According to an article on CNNMoney.com, BofA will proceed with 16 thousand foreclosures this month, but they will take a “holiday” between December 20th and January 2nd, suspending sales and evictions during that time. Bank of America has estimated...
Pawn Shops Becoming More Main Stream as Lending Institutions
 With the downturn of the economy, a lot of people needing fast cash have opted for a different kind of loan-broker. Pawn shop business has increased dramatically in many states, and it isn’t just lower income people who are using their services. The typical customer has been in the income range of around $29,000, but pawn brokers around the country...



Physicians: What’s Their Motivation to Apply New Technology?
 What is it that motivates our physicians to start implementing new technology into their practices? Especially when the new technology can actually slow down their productivity. Could it be the desire to be able to treat patients more accurately and efficiently? Perhaps it's the lure of making more money? It has nothing to do with a burning desire...
Our National Debt 101
 The United States of America is without doubt the greatest and most powerful nation in the world. The government of the United States is also the world’s largest debtor. We have more debt than all the third world developing countries, combined. At this time, our national debt is over 13.5 trillion dollars. This happened because of an annual deficit...



Bernie Madoff legacy: Shattered lives and broken family
 Just the mere mention of the name Bernie Madoff brings up a venomous response in return. His name is worse than mud in the eyes of just about everyone in the financial community, and over the last two years his family has had to deal with the fallout of his actions. Now, they must deal with a funeral as well. Mark Madoff, the oldest son of the disgraced...
Can U.S. banks gain credibility back in wake of foreclosure crisis?
 Financial institutions in the United States, particularly the nation’s leading lenders and mortgage servicers, have had a tough go of it in the last five months of 2010. Back in late August and early September, news was startling to trickle out about the possibility of foreclosure proceedings being tainted by faulty documentation. It was later...