Will we ever see modest interest rates again? #TBT

| March 26, 2020

When I was growing up, I had a passbook savings account that was a teaching tool used by my parents to instill responsible money management. I deposited a small amount in it every few months or so when my mom would go to the bank and got my passbook stamped with an update as to […]

A couple of banks running like well oiled machines #sarcasm

| April 6, 2017

The banking giant Chase is not alone in their inefficiency — they mailed me a 1 cent check by first class mail (below) — since local Fifth Third Bank continues to send me a paper statement a decade after trying to close an old 529 college savings account. I’m not sure how many dollars have […]

Markets jump after Fed banks agree to unlock liquidity

| November 30, 2011

The financial markets woke up to a jolt this morning as several central banks including the U.S. Federal Reserve unified to shore up the global financial system. The debt crisis in Europe has continued to put downward stress on world markets and economies; the cheaper U.S. denominated loans available to European banks is expected to […]

Desultory - des-uhl-tawr-ee, -tohr-ee

  1. lacking in consistency, constancy, or visible order, disconnected; fitful: desultory conversation.
  2. digressing from or unconnected with the main subject; random: a desultory remark.
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