WSJ On The Micro Finance Bubble In India
Source: “A Global Surge In Tiny Loans Spurs Credit Bubble in a Slum” (subscription required), The Wall Street Journal, August 13, A1
Source: “A Global Surge In Tiny Loans Spurs Credit Bubble in a Slum” (subscription required), The Wall Street Journal, August 13, A1
Over much of the last four decades, John A. Allison IV built BB&T from a local bank in North Carolina into a regional powerhouse that has weathered the economic crisis far better than many of its troubled rivals — largely by avoiding…
I like Charlie Gasparino but he really needs to settle down. In addition to chewing off everybody’s head and not letting anybody talk (Kudlow has this problem too), he used the f-word on Power Lunch today: https://www.crossingwallstreet.com/archives/2009/01/oh_charlie_you.html These guys really…
“I can’t say people will get rich on it, but I would rather be safe than sorry.” – Walter Schloss, on his recommendation of insurance company CNA Financial 91 year old Walter Schloss may not be as famous as Warren Buffet but…
I just read a truly incredible story from Fast Company magazine about a 17 year old girl from Detroit who, without any help from her parents or connections, created a million dollar (and growing) website. The site is called Whateverlife.com and…
The Boston Globe’s The Big Picture put up 35 scenes from the recession. Tells the story well…..
We put two and two together and figured out that it was the economy, not us. When guys in banking are going through this, they can’t handle a relationship. – Megan Petrus, a lawyer who broke up with her banker…