NORTON META TAG

07 July 2010

FINALLY PUT MY MONEY WHERE MY MOUTH IS AND MOVED IT & EU CAPS Bank Bonuses: Company Performance To Dictate Bonus Pay 7JUL10

I finally put my money where my mouth is and joined thousands of Americans who have moved their money from the "too big to fail" banks (I was with Chevy Chase, soon to become part of CapitalOne in SEP). Now my money is with Middleburg Bank, a local northern VA institution. So far over $550 million has been moved by regular working people like me. If you are tired of the greed, the obscene bonuses and the lack of investment to get out out of this economic mess (after all, the nation bailed these banks out, the least they could do is make sure we are paid back with interest and then invest in the nation that saved them) you may want to check othe this link that will help you decide if you should and how to move your money. 

http://www.huffingtonpost.com/arianna-huffington/move-your-money-a-new-yea_b_406022.html

CHECK out this story about how the big banks are still helping themselves and then what the EU has done to address some of the greed of the big banks in Europe. 


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Wall Street Bonuses Business Insider Lending
CHART: Bank Lending Dives, But Wall Street Bonuses Are Way Up
businessinsider.com:
The Business Insider's Joe Weisenthal and Kamelia Angelova produced this great chart juxtaposing the latest data on Wall Street bonuses (up 17%) with bank lending (down 7.5%). Their take away: "sitting on your hands and doing nothing is a pretty lucrative gig."
Read the whole story: businessinsider.com
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The Business Insider's Joe Weisenthal and Kamelia Angelova produced this great chart juxtaposing the latest data on Wall Street bonuses (up 17%) with bank lending (down 7.5%). Their take away: "sittin...
The Business Insider's Joe Weisenthal and Kamelia Angelova produced this great chart juxtaposing the latest data on Wall Street bonuses (up 17%) with bank lending (down 7.5%). Their take away: "sittin...