Entries from October 2008
October 13th, 2008 · podcasts
On this episode of Millionaire or Bust, we start off the show by discussing the news of the week, which included: Federal antitrust regulators clearing Wells Fargo’s $11.7 billion acquisition of Wachovia. The Fed dropping the fed loan rate by half a point. The U.S. announcing it is going to be buying nonvoting stakes in [...]
[Read more →]
Tags: Financial Crisis·Financial News·Financial Weaknesses
October 9th, 2008 · podcasts
This episode of Millionaire or Bust is our midweek short episode. I mention the economic crisis we are in right now, but decided that looking into whether or not we each have our own personal financial crisis was more important.
[Read more →]
Tags: Credit Card·Debt·Financial Crisis·Personal Finance
October 6th, 2008 · podcasts
On this episode of Millionaire or Bust, we start off the show by discussing the biggest news of the week, the Congressional approval of the government’s $700 billion financial rescue plan Friday. We talk about what the bailout entails, including extra tax breaks for some businesses and the raising of the FDIC limits from $100,000 [...]
[Read more →]
Tags: Financial Rescue Proposal·Money Saving·Personal Finance Fundamentals·Wachovia
October 2nd, 2008 · podcasts
This episode of Millionaire or Bust is our midweek short episode. I cover the status of the United States government’s bailout proposal, the purchase or nationalization of several banks world-wide and the market implosion on Monday.
[Read more →]
Tags: Bailout Proposal·Bank Failure·DJIA·FDIC·Stock Market