Best Buy Stores and the HSBC Best Buy card

Many americans are glad credit card statements are easier to read. New credit card laws greatly diminished abuses by banks. One such offender was (is) HSBC and HSBC merchants. HSBC is the third-largest issuer of private label credit cards in the United States, including cards for more than 70 active merchant relationships, including Best Buy, …

Another Georgia bank fails – what is wrong in Georgia?

Omni National, with $980 million in assets, was shut by the Office of the Comptroller of the Currency and the Federal Deposit Insurance Corp. was named receiver, the OCC said today in a statement. The Federal Reserve on March 17 ordered the bank to bolster its capital and make improvements in accounting controls within 30 …

Washington does not see hopeless Americans who fear more $5 gasoline

Restoring trust and confidence in any system is a slow methodical process. Restoring confidence in the United States financial system is even more difficult, but not impossible. With Bush’s shortfalls and Obama’s promises we still have no guarantee of focus and honesty. Yes, we hear the words from the new administration, but many people expect …