Divorces, pitchforks, and bears, oh my! It’s another crazy week. Here’s this week’s collection of five financial stories that caught my eye on social news site Afternoon Rally and other spots around the web.
When a lender gets an investment from someone besides the government, people take notice. Today it was announced that LendingClub is getting $12 million in venture capital money to help it keep growing. That’s big news when traditional financial institutions are taking billions just to stay in business.
This week’s collection of five financial stories that caught my eye on social news site Afternoon Rally and other spots around the web.
It’s funny how a story can be told in just a few pictures. In this case, two stock charts can sum up the recession. GM actually questioned it’s own ability to survive today, leaving Chevy owners like Green Bay Packer fans after Brett Favre was traded. It was a great run, but you knew an era was over.
Between the bank bailout, the auto industry bailout and the stimulus plan, the US government has throw almost one and a half trillion dollars into the economy. Here’s why it doesn’t matter in the long run.
The global credit crunch may mean an opportunity for new lending strategies, such as peer to peer lending. Banks are facing huge losses and the lack of transparency has made it hard for banks to lend between each other, opening the door for a newer, more direct type of lending, known as peer to peer [...]
This week’s collection of five financial stories that caught my eye on social financial news site Afternoon Rally and other sites around the web.
My weekly roundup of five financial stories that caught my eye on social news site Afternoon Rally and other sites around the web. This week, it’s a look back and a look ahead for the first Friday of the New Year.
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It’s been a wild year. A 700 billion dollar bailout, a 50 billion dollar Ponzi scheme, the Big 3 auto makers begging and stock indexes dropping like a rock. I decided to take a look at a how a few key numbers changed over the year to help see just where we are — and [...]
This list of companies or groups seeking government funds continues to grow. It’s really unsurprising, as no one to my knowledge has been turned away yet. Sure, lawmakers kicked and screamed a bit, but in the end, the companies pretty much what they ask for. Here’s my tally so far:
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