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Apr
22
Apr
22
Did you miss the airing of the 4th annual Financial Literacy & Education Summit yesterday? The event, co-hosted by Visa Inc. and The Federal Reserve Bank of Chicago, aired via webcast Monday, April 19, 2010 and was a great success. And good news — you can still catch it via on-demand video.
Each year, the Summit gives us a chance to hear from experts in the field of financial education. They talk about the importance of financial literacy in the lives of children and adults, the connection between financial education and the global economy, and how institutions can work together to give consumers the tools they need to reach their financial goals.
Speakers this year included everyone from Duncan L. N
Apr
19
As the resident finance geek in my circle of friends, I had to field several questions about Wall Street megafirm Goldman Sachs, which was sued by the Securities and Exchange Commission last week for allegedly defrauding its investors.
Of course, the danger I encountered while trying to explain what Goldman did was in getting bogged down in financial terminology. After all, a person can only hear so much about synthetic CDOs, equity tranches and credit default swaps before going insane.
I think the best way to explain these matters is to remove them from the arcane language of finance and put them into more familiar territory.
Apr
18
The CARD Act has one overriding purpose.
What is the purpose of the CARD Act?
Apr
18
With the holiday season is round the corner, the most exciting thing in every family and every household is the fact that vacations are here and plans are going to be made. During such times it is tough for people to break the hearts of little children, who have their hopes all pinned up high. There are always holiday packages that are tempting and affordable. This is an opportunity that nobody would want to lose, considering the fact that everybody works really hard through the year just so that they get a rejuvenating break for at least a while during the year.
Since there are many families that face credit crunches throughout the year, there are something’s that might help make that ideal vacation that everybody dreams of.
Apr
18
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