Articles

So we’re up 600 points in the market and it seems like things are getting better and better. Why do I say this? Well remember those pay packages and bonuses that were given out in the good ole days? Well yeah those are still going around. No, it’s all good you see because these were bonuses that were promised before the economy decided to try out for next Olympic diving competition. But when we take into consideration basic economics and market principals in order to keep an organization profitable, an organization needs talented people. However, these talented people do not come to your organization without an incentive. This incentive could be in the form of branding, experience, and, of course, pay.

Just released the first Bankers Statements (BS) database, Madoff's Victims List. Check it out and let us know what you think. More BS database coming soon.

It’s been a rough time for all of us this past year, but let’s put things in perspective America. Most of us lose our 401Ks and other investment accounts in the hundreds of thousands, but for a moment, imagine having billions and losing it (only to be left with millions). While most of us never had that much to lose to begin with, billionaires on the other hand, lose billions; that’s more than most of us make or save put together many times over. So you see, this economy has hurt the rich and the ultra super rich as well. In fact, they’ve lost more money than we ever could imagine losing. According to a Forbes article we only have 793 billionaires from a whopping 1,125 billionaires only a year ago. That is 30% reduction! Yes, 30%. No, I don’t think it’s quite clear yet.