Archive for the ‘finance’ Category

  • Too much money to manage

    It seems like a good problem to have but managing millions of dollars can come around to bite a pro football player in the tush.
    That’s why the NFL Players’ Association has called upon Financial Finesse to help players out with planning ahead for their future without football.
    “With no guarantees in NFL contracts and the potential [...]

  • USDA loan program - Clever way to finance, or future problem?

    Just read an article in the most recent Business Week edition about home loans backed by the US Dept. of Agriculture (USDA Home Loans: Subprime Redux?). Gist of the article is that the loan program offers $0 down and 100% financing, conditions awfully similar to those subprime loans that have wreaked so much havoc.
    A quick [...]

  • FDIC’s foreclosure help

    The Federal Deposit Insurance Corp. on Wednesday released an online toolkit aimed at arming borrowers, banks and others with information to prevent unnecessary foreclosures as well as foreclosure rescue scams.
    The kit includes:

    Is Foreclosure Knocking at Your Door? brochure (available online and in print), which encourages consumers facing financing difficulties to contact their servicer, apply for [...]

  • The Bidens and Bethesda

    Ever since I missed dining next to VP Joe Biden and his wife Jill by mere minutes (they patronized Booeymonger deli in Chevy Chase for brunch recently), I’ve been hoping for re-do. What are the perks of Bethesda living, after all, if not an occasional political-celebrity sighting?
    Maybe if I’d hung around the Bethesda office of [...]

  • Connecting with: MACPA’s Tom Hood

    This is the first in an occasional series of interviews with local business leaders who blog or use social media to promote themselves or their industry. Our goal is to show the business and legal community how you can harness the power of the Web professionally. If you’re interested in participating, contact @mddailyrecord on Twitter [...]

  • The fall of the aristocracy?

    Members of the corporate elite, like Legg Mason Inc., could soon find themselves dethroned.
    Don’t worry, they’re not getting delisted from the stock exchange or getting acquired. Let me explain. Each year, Standard & Poor’s publishes a list of companies that have increased their payouts to shareholders for at least 25 years, and the number of [...]

  • In case you didn’t know, it’s ‘America Saves Week’

    These days it seems like every ethnicity, race, effort and disease has its own day, week or month to remind Americans to celebrate these various things during their designated time.
    With all of the other deserved items we observe in February — Black History Month, American Heart Month and American History Month — and not so [...]

  • UMD debuts a new master’s program in finance

    The University of Maryland’s Smith School of Business has come out with a timely answer to the question, “What is the future of the U.S. finance industry?”
    It’s launching a new master’s program that specializes in finance business, to “prepare students to lead in a financial industry that is being reshaped by greater government regulation and [...]

  • The Year of the Debt

    We just got a copy of a report about real estate investment trusts in our inbox from Advantus Capital Management titled “Follow the Debt: Public debt markets could predict REITs’ direction,” which predicted, frighteningly, “a staggering amount of real estate debt maturing in 2009.”But it’s not like we didn’t know about this already. Late last [...]

  • What does acquisition of Provident mean for bball tourney?

    While M&T Bank’s name is almost synonymous with the Ravens, M&T Bancorp’s new acquisition Provident Bankshares Corp’s name is very much tied in with another sport in the state — Division III college basketball.
    For the last four years, Provident Bank has been the title sponsor of the Pride of Maryland Tournament, a three-day championship played [...]