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 [...]
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.
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 [...]
MOB #53 - Financial Bailout, Wachovia Bank & Personal Finance Fundamentals[ 24:57 ]Play Now | Play in Popup | Download (1141)
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.