Mary Tomkins is a freelance writer located in Spartanburg, SC, with emphasis on economic news and research on the financial industry.
Even after receiving billions of dollars in bailouts from Troubled Asset Relief Program (TARP) funds, Wall Street bankers gave themselves about $18 billion in bonuses in the past two months, according to a report from…
President Obama signed his first piece of legislation today, the Lilly Ledbetter Fair Pay Act of 2009. President Obama opened with, “Well, this is a wonderful day. First of all, it is fitting that the…
The U.S. Treasury Department announced on Wednesday efforts to increase transparency and accountability for the Troubled Asset Relief Program (TARP) and “a new policy of posting investment contracts for future completed transactions to the Department’s…
Budget carefully and stay within your limit. Yes, you need a budget. A good budget is essential to good money management at every stage of life, no matter how much or how little you earn.…
The Federal Trade Commission announced yesterday that almost $28 million was returned to about 86,000 consumers as part of a settlement with the Bear Sterns Companies, LLC and EMC Mortgage Corporation. The September 2008 settlement…
As a whole, American consumers have become much more educated in the past few years about the threat of ID theft. We’ve really stepped it up to protect ourselves from this widespread crime – a…
Today at noon eastern standard time Barack Hussein Obama became the 44th President of the United States of America. The inauguration of America’s first black President brought huge crowds to Washington, estimated at about 1.4…
The Taxpayer’s Government Bailout For any of you who may have or are thinking about helping to rescue the real estate market by buying your first house, be aware of the interest-free loan that you…
Neglecting parts of the winterizing routine can be expensive. Wow, this winter’s been C-O-L-D! I live in the Midwest where we typically expect a few weeks at a time of well-below freezing weather, but I…
Avoid overdraft fees and Non-Sufficient Funds (NSF) charges. Carefully tracking your balance is essential to good checking account management. One mathematical error or simply forgetting to document all check and debit transactions can lead to…