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Moneytree CEO Wants You to Rethink His Business

So it was that on the Friday before Martin Luther King Jr. Day this year, Roy Innis, chairman of the New York-based Congress of Racial Equality, stood before the cameras to push the magic button. Instrumental in organizing the Freedom Rides, and a sponsor of the 1963 March on Washington, CORE was a natural choice to open trading that day. Not so intuitive was the man Innis brought along to stand at his right hand: Dennis Bassford, the blond, dimpled, 51-year-old co-founder and CEO of Moneytree, a Seattle-based company that's been widely criticized for preying on minorities.

It's No Joke: Fed Hires Failed Bank Executive

The Federal Reserve is drawing jeers for hiring a former top executive from the now-defunct investment bank Bear Stearns to help it gauge the health of other banks.

China's economy cools

Its growth rate slowed to 9 percent in the third quarter as exports to the US and Europe start to slacken.

Analysts-Say-More-Banks-Will-Fail: Personal Finance News from Yahoo! Finance

As home prices continue to decline and loan defaults mount, federal regulators are bracing for dozens of American banks to fail over the next year.

Your Money - How Fallout Could Affect Main Street

The stock market swoon over Fannie Mae and Freddie Mac this week has left many consumers scratching their heads, wondering if buying a home is a worse idea than it was seven days ago or whether to take down the "for sale" sign in the yard.

On opting out of Public Financing: Pennies for Votes | The Agonist

excerpt: (Opinion)

Until we as a nation begin to aggressively address the growing influence that money has had in politics, we will continue to witness the political pollution that money buys on an increasingly grand scale.

http://agonist.org/cody_lyon/20080621/on_opting_out_of_public_financing_pennies_for_votes

The SOX debate and global capital

Despite warnings that that US financial markets face a dire future if Sarbanes-Oxley isn t fixed, SarbOx remains popular with investors. They say it s produced more reliable financial statements and fuller disclosure. And the evidence suggests that winding SOX back won t help US financial markets.

Google profits beat expectations

Investors seemed awe-struck too. Google s stock price climbed by more than 7 percent in after-hours trading, signaling the company s market value may rise by another $10 billion Friday. That s enough wealth to finance another six deals similar to Google s recently announced plans to buy the Web s hottest video service, YouTube Inc.