Don’t forget to “Spring ahead” this Sunday morning. We lose an hour of sleep, but it will be lighter during barbecuing.
The FDIC made a rare Thursday move and shut down LibertyPointe Bank This bank catered to the Orthodox Jewish community in Manhattan and Brooklyn, and will be taken over by Valley National.
For anyone hedging with [...]

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Who says that numbers aren’t fun? A top muni bond analyst at Wells Fargo sent this to me:
What If Everybody in Canada Flushed At Once?

 
Sometimes time drags, and sometimes it flies. I came to this brilliant observation yesterday while waiting in the California DMV, waiting for my 15 1/2 year old daughter to obtain her [...]

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At the last company Christmas party the loan agents lined up on one side of the room and the underwriters on the other side. The loan agents throw fire cracker at the underwriters…and the underwriters lit them and threw them back.
A long-time underwriter wrote to me and opined, “Consumers always want more than what they [...]

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Often I start the commentary off saying something witty, but I couldn’t think of anything clever so I thought I’d suggest you take a look at this video about, of all things, seat belts. It is making the rounds, and with good reason.

The Federal Reserve has a little more than ten business days to [...]

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