Archive for the ‘Ask an Ex-Banker’ Category

Ask an Ex-Banker: Medical Debt

Ask an Ex-Banker: Medical Debt

By The Banker | Ask an Ex-Banker, Blog Posts, Personal Finance

Dear Banker, I have a question about medical debt. My 36-year-old sister just suffered a brain hemorrhage, collapsing at work and sent to the hospital. I am happy to say that she is expected to make a full recovery, but the treatment and ensuing hospital stay involved a week in intensive care, a neurosurgical “procedure,”

Ask an Ex-Banker: Home Loans and Home Equity Lines of Credit

Ask an Ex-Banker: Home Loans and Home Equity Lines of Credit

By The Banker | Ask an Ex-Banker, Blog Posts, Personal Finance

Q. Dear Banker, My wife and I are planning an addition to our house. We need the additional space, but I do not want this project to stretch our overall budget. Since I have a specific idea of how much I want to pay, a rise in interest rates would cause us to make different

Ask An Ex-Banker: Is the Finance Game Rigged Against Outsiders?

Ask An Ex-Banker: Is the Finance Game Rigged Against Outsiders?

By The Banker | Ask an Ex-Banker, Blog Posts

Q: A question for debate: We all seem to get mad that the financial-industrial complex is repeatedly rigged for the Big Boys.  I’d suggest to you that the public should just give up on the wall street-banker/big bank/mutual fund industry as having any possibility of being fair to you or me.  Thus, it makes no