FICO Scores Change - Is Nothing Sacred?

FICO Scores Change – Is Nothing Sacred?

By The Banker | Blog Posts, Personal Finance

Far be it for me to stand in the way of progress, but did a little part of you die when you read this morning that Fair Isaac Corp will slightly alter its FICO score formula to make it easier for people to get loans? Is nothing sacred? Decline of Western Civilization? My immediate thought was [&hellip

Video For Entrepreneurs: Tracking Startup Capital in a Spreadsheet

Video For Entrepreneurs: Tracking Startup Capital in a Spreadsheet

By The Banker | Audio Posts, Texas, Video

I periodically produce instructional videos for a local micro lender named Accion Texas. They support and lend to young and startup companies that might otherwise get overlooked by the traditional banking industry. In fact one of the key conditions of being an Accion Texas customer is a prior rejection for a bank loan application. The [&hellip

Introducing...Me!

Introducing…Me!

By The Banker | Blog Posts

Editor’s Note – I started a weekly column today in the San Antonio Express-News, and I plan to repost them here for the vast majority of you who neither live in San Antonio nor read newspapers. I expect the major difference between the newspaper columns and the blog posts will be: 1. saltier language and 2. more [&hellip

The Davis Discipline - A Good Book and An Amazing Life

The Davis Discipline – A Good Book and An Amazing Life

By The Banker | Blog Posts, Book Reviews, Personal Finance, Wall Street

If you haven’t heard of Shelby M.C. Davis – and relatively few people have because he’s a very private person – you’re missing the story of one of the world’s great investing families, as well as one of the world’s most generous philanthropists. He’s an all-timer. The Davis Discipline: Fifty Years of Successful Investing On [&hellip

My BBC NewsHour commentary - On

My BBC NewsHour commentary – On “Virtuous Banking”

By The Banker | Audio Posts

I spoke this afternoon on the BBC NewsHour show, along with the author of a think tank publication advocating “Virtuous Banking.” The whitepaper can be downloaded from Res Publica’s site here. The premise of the paper, which I largely disagree with, is that we can put “virtue” at the center of the finance and banking [&hellip