Merchant Talk
Cry Uncle, Bank Of America!
I live in the capital city of the least populated state in the Union. Because of this fact, and because the population of the capital city is well under 60 thousand, who would have thought that banks here would multiply as quickly as rabbits in a hutch? In order to get to the primary shopping [...]
7Apr2009 | George Stevens | 0 comments | ContinuedCare For Another “Cosmo,” B of A?
Should we be co-defendants in a class action law suit? Are we responsible for a Ponzi scheme? That’s right– you and me, Mr. and Mrs. taxpayer.
You see, one of the many beneficiaries of the bailout of financial institutions has been the Bank of America (NYSE BAC). Our government gave B of A an additional 20 [...]
AmEx Begs You to Leave Home Without It!
In a new promotion that has garnered the attention of headlines across the county, American Express (NYSE AXP) is offering $300 gift cards to selected consumers if they pay off their remaining balances and close their accounts. The promotion is just one of many ploys being used by credit card companies in an attempt to [...]
2Apr2009 | Minnie Rudolph | 1 comment | ContinuedNano Nano
They’re cute, but not cuddly. They’re thin, but not fleet of foot. It boasts 4 instead of 2. Give up? I’m talking about the world’s cheapest automobile. Made in India and designed for the Indian way of life, the Tata (NYSE TTM) Nano is cute, lightweight, and having four wheels rather than the two its [...]
24Mar2009 | George Stevens | 0 comments | ContinuedWeekend at Bernie’s
Bernard L. Madoff, that is. Bernie is currently relaxing in his New York jail cell - a far cry from old Bernie’s digs, a 7 million dollar penthouse that he and his wife Ruth share.
So what do you think? Is this a just end to Bernie’s gigantic ponzi scheme? Imagine the discomfort Bernie must suffer, [...]
“How Do You Like Them Apples?”
A while back, I posted an article on this site that begged the question: can Apple (NASDAQ AAPL) survive without its creator/leader Steve Jobs? The definitive answer: YES!
With new products and even bolder rumors emanating from Apple, it would appear that Apple has chosen to remain faithful to its users and stay the course that [...]
There’s a New Brewer in Town
Discovered in the 9th century, in the highlands of Ethiopia, coffee’s popularity quickly spread to Egypt and Yemen. In the 15th century, coffee reached Azerbaijan, Persia, Turkey, and northern Africa. It was in these countries that coffee became identified as a Muslim beverage. Then, in 1600, Pope Clement VIII deemed coffee a “Christian” drink and [...]
9Mar2009 | George Stevens | 0 comments | ContinuedLoan Me Up, Buttercup
Although I am not feeling the financial stress of the housing market collapse like some people are, I can totally understand how people feel. The monthly budget you worked so hard to achieve now no longer fits into your monthly revenue stream. So, what’s the plan?
Well, from seeing all the 2am infomercials in between my [...]
Merchant 911 - True Industry Leadership
So often, people in the industry look to make that quick buck, everything from overcharging for PCI Compliance to gouging TMF merchants for international processing fees. The list goes on and on and yet it’s a good thing when we can see a true leader of the merchant community really try to give back to [...]
20Jan2008 | Riley Poole | 6 comments | ContinuedCheck your Interest Rates and Grace Periods “AGAIN”
I always find it interesting when banks take an old tactic that has lost steam and just propped it up again. A few years back, many banks saw consumer backlash for holding onto payments past their grace period to ultimately charge consumers those pesky late fees. They add up, too: imagine paying $100 a month [...]
17Jan2008 | Riley Poole | 10 comments | Continued-
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