Archive for the ‘Blog Posts’ Category

Last Words on the London Whale

Last Words on the London Whale

By The Banker | Blog Posts, Wall Street

The last thing this world needs is another comment on the London Whale, but I’ve been silent on the topic for over a year, and today’s announcement that JP Morgan will pay $920 million in penalties, plus offer an apology, inspired a few quick thoughts. The settlement is meaningless, as punishment All along, the London [&hellip

What's In My Wallet?  Hope.

What’s In My Wallet? Hope.

By The Banker | Blog Posts

I recently complained about my business bank’s proposed unilateral change in checking account terms because they moved from simple to complicated in their cost structure. Not only that, but earlier this Spring I had written that they really rubbed my rash when I tried to close a line of credit with a 2 cent balance [&hellip

Excel Cheat Sheet - And Not Just For Beginners

Excel Cheat Sheet – And Not Just For Beginners

By The Banker | Blog Posts, Personal Finance

I’ve been spending my days lately putting together lessons on Excel for beginners. A reader sent a link to this printable info-graphic – a great way for folks new to Excel, as well as experienced Excel users, to dig into the power of the program. The first two pages are very basic, and then the [&hellip

What is a Hedge Fund?  WSJ answers

What is a Hedge Fund? WSJ answers

By The Banker | Blog Posts, Wall Street

I’m quick to criticize traditional media when they dumb down, or sex up, or just miss completely on finance topics. The Wall Street Journal is better than most, but still I find myself shaking my fist at the paper from time to time. Earlier this week, in anticipation of the relaxation of rules for Hedge [&hellip

Another Reason You Hate Your Bank

Another Reason You Hate Your Bank

By The Banker | Blog Posts

Capital One Bank, my business bank since 2004,[1] called me yesterday. “Great News!” chirped the person who introduced herself as my business account manager, but who I’ve never met, and who has had no previous conversation with me before, ever. “Ok,” I replied flatly, immediately wary, because banks are not generally in the Great News [&hellip