The banks didn’t want you anyway
I ran across this Wall Street Journal article today, which says those great big financial institutions lots of folks ditched after Bank Transfer Day aren’t shedding any tears over the loss. Instead, the bigwig at Morgan Chase indicates that customers who don’t have $100,000 in assets don’t make the banks any cash anyway.
But the five biggest credit unions have seen a 45 percent increase in deposits.
In the Alibi’s news section last week, reporter Margaret Wright explores fallout from Bank Transfer Day locally. Scope her article Cash Out: Making sense of last year's run on the banks.
Making sense of last year's run on the banks
The Daily Word in Kutcher, Munch and Love
Ex. Gov. Gary Johnson likely to get the Libertarian nod for prez.
Santa Fe carnival gave out live rabbits and turtles as prizes.
College student says DEA forgot him in a holding cell for days.
Credit is America’s welfare plan, says professor.
In a move that can only devalue the old-fashioned paper tome, publishers are planning to put ads on book covers.
Ashton Kutcher’s brownface Popchips ad pulled.
Edvard Munch’s “The Scream” sold for $120 million, making it the most expensive painting in the world.
Lost parakeet tells police where he lives.
Most of us are outliers.
Who riots best? Sports fans or protesters?
How superstitions and rituals help you win.
The Daily Word in Urban Outfitters, marshmallow vodka and BofA’s sneaky fees
Navajo Nation suing Urban Outfitters for titling some products “Navajo.”
Arizona public schools ban Bless Me Ultima, the landmark novel by local literary legend Rudolfo Anaya.
Image of Jesus appears in a tortilla in Española.
Request your FBI file.
HuffPo article on the owner of Effex, an LGBT rights activist and a Christian Republican.
Farewell, heartthrob Davy Jones.
Recycling photos from around the world.
Understanding fluffed marshmallow vodka.
The Aquabats have a TV show.
Track down criminals with Twitter.
Bank of America rolls out even sneakier fees.
Yoga championships. It’s a thing.
The life of the robot.
The Daily Word in bendy straws, storm and indefinite detention
Kid hauled off to juvy for burping in class, according to civil rights lawsuit.
New Mexico 10th worst-run state in the union, says finance pub.
Occupy evictions in LA were fraught with violence and arrests, and only certain media were allowed to observe.
Big storm headed our way. Is the gas company ready this time?
Senate considers a bill that could allow terrorism suspects—including Americans—to be held indefinitely without trial.
Horses may be killed for their meat after Congress lifts a ban on funding for inspections.
Man imbued with the holiday spirit freaks people out.
Superman comic sold for more than $2 million.
APD chief and mayor want you to vote on the look of the new police cars.
The history of the bendy straw.
Did UNM’s top dog sucker the regents into paying him too much?
With President David Schmidly’s late-April declaration that he will be stepping down next year, the time has come to contemplate what kind of pay might be appropriate for future UNM administrators.
This Week's Feature: The Learning Issue—expert advice on money, health, and your brain.[ Thu Jan 13 2011 5:03 PM ]
Happy New Year. Here's a guide to attaining health, wealth and happiness in 2011. And you don't have to pay three installments of $29.95 to read it.
And now, comrades, a section on credit unions
If member-owned, not-for-profit banking spikes your interest
Open an account at a credit union. They’re the closest thing this country will ever come to socialism. Ah, socialism. Some have membership requirements. Call to find out.
The government wants you to tell it how to save money. No really.
How many times have you said, “I can’t believe the city wastes money on ... “? Or “I can’t believe they spent taxpayer dollars on [blank] while [blank] goes to the dogs”?
Today, Mayor Richard Berry will announce his latest effort to save the city some cash. Through an online form, you can report abuse, fraud and waste. You can also offer tips on how you think the city can spend our dough more wisely.
The Downtown “Arena”
Berry should know better
Like a bad penny, the idea of expanding the Convention Center keeps coming back. Mayor Richard Berry says he's neutral on the concept, but at least seven city councilors seem hell-bent on acquiring land at the First Baptist Church site to build the $400 million project. The Council voted on June 21 to urge the Berry administration to share the site with APS, despite the fact that no vote has been taken on the so-called arena project.
The Daily Word 05.06.10: Lawrence Taylor arrested, red-light cams, Gov. Richardson on TV
Hall of Fame linebacker Lawrence Taylor arrested after being accused of raping a 15-year-old girl.
No detailed environmental analysis of the Gulf of Mexico drilling op. Government was pretty sure an oil spill was unlikely.
The red-light cameras will stay up for a while longer.
Round one of health reform might not put a big dent in the number of uninsured N.M. people.
PBS talk show host Tavis Smiley gives Richardson a hard time after the guv says Arizona Gov. Jan Brewer and Sen. John McCain are nice people.
Same-sex Massachusetts couples go to court today to ask that their marriages be recognized by the federal government.
North Valley man arrested more than 100 times for alcohol-related incidents. Only one was a DWI.
Drones secretly allowed to attack more targets in Pakistan, including suspected militants whose names are not known.
The House minority leader's name is John A. Boehner. He'll deliver "the toughest critique by a Republican leader of the Obama administration's approach to terrorism."
Times Square bomb suspect cooperative, says Attorney General Eric Holder.
Congress has Wall Street on the ropes.
Facebook's embarrassing security hole.
Grow a garden on a wall.
G*&$#S&m Mother*$%*!g Supreme Court
Will a new law protect students from predatory credit card companies?
Alicia Elgar got her first credit card before she headed off to college. She quickly maxed it out and, $5,000 in debt, found another offer poking out of her mailbox midway through her junior year at the University of New Mexico. The 23-year-old biology major is $9,000 in credit card debt, swimming in student loans, working two jobs and trying to finish her degree.
Today Was a Crappy Day
The stench of adulthood wafts in when you hate tax day. Instead of reporting $15 in tips from my Sonic job and a 3 Musketeers wrapper, I've got some income to speak of. I mean, I can't have a long conversation about it, but it's enough to make April 15 dreadful. (Admittedly, I’ve got a number of adult-type personal issues plumping my jowls and etching the lines around my eyes, but don’t we all. Pass the white box wine, Hildegard.)
I don’t recommend calling the feds (1-800-829-1040) or the state (505-827-0827) if you don’t have to. The representatives are cranky at this point and spitting the word “ma’am” like nails from a nailgun.
The main post office in Albuquerque is open until midnight. Good luck!