Steadfast Finances

 Banking, Business Trends, Peer to Peer Lending         7 comments

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Now this is how you run a solid, old fashioned type of bank. CNBC interviewed a small, community bank CEO (Frank Sorrentino) from North Jersey Community Bank today, and if I was ever fortunate enough to run a bank, this is how I would hope to get it done.
The old …

 Financial Crisis         2 comments

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I realize that most people are probably tired of discussing how Wall Street’s greed cannibalized their own pro-capitalist business model, but when one of the most articulate Wall Street insiders decides to speak out, it’s probably in your best interest to listen.
CNN’s Fareed Zakaria interviewed Michael Lewis, author of one of the …

 Documentary Films, Financial Crisis, Mortgages         3 comments

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CNBC’s David Faber has probably won himself another Emmy with his latest production House of Cards. [see video below]
It’s a 90 minute documentary that covers all sectors of economy from the ground up which originated from the real estate bubble.  A brief outline of what you’ll find:

The individual homeowner.  What …

 Consumer Education, Financial Crisis, Mortgages, Real Estate         No comments

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As I’ve said numerous times, anyone who didn’t see the housing bubble coming was either blind, not paying attention, or simply got caught up in the buying frenzy.
Or perhaps they were affiliated with the National Association of Realtors and just didn’t give a damn because they wanted to cash one more bloated commission …

 Bargain Hunting, Consumer Education, Real Estate         2 comments

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Every now and again, you stumble across one of those rare comic strips that compresses years of utter stupidity into ingenious simplicity.  At the same time, you hope it grabs your funny bone and gives it a good shake.
I found one of those this week with good ol’ Dilbert.

Now that …