Archive for June 11th, 2009

Thursday, June 11th, 2009

Overheard At Chase Bank Branch

I went to make a few deposits today and I overheard two bank reps speaking stating that there is (or perhaps already exists) a plan to partially cash checks and give the remainder of the funds to a customer back on a debit card.  I didn’t hear the full details but I’m guessing if you […]

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Thursday, June 11th, 2009

I See Dead People And Diminishing Returns Everywhere

The city of Oakland is considering bankruptcy and I found this little gem in the article about said bankruptcy: Consider the city’s cash position: Out of next year’s general fund of approximately $415 million, police costs are estimated at $212 million, fire protection service $103 million and $41 million in debt service payments. That leaves […]

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