Archive for Bank of America
Posted To: Pipeline Press
It doesn’t take long (within 60 seconds of this video of the Australian flooding) to figure out why insurance is more expensive in a flood zone. DontUnderEstimateWater Welcome to Women’s History Month! National Women’s History Month dates back to 1857, when women from New York City factories staged a protest over working conditions. International Women’s Day was first observed in 1909, it was made into a week in 1981, and then in 1987 it was made into an entire month. Given that trend it will soon be the entire year. (When is National Man’s History Month?) Per the Census Bureau there are 157 million females in the United States, versus 153 million men . (Please don’t ask me where Chas/Chastity Bono fits in.) Over the age of 85, there are more than twice as many women as there were men. Census…(read more)
Posted To: Pipeline Press
It’s Friday, so why not throw in something unrelated to mortgages? Anyone in a really cold climate and even those not, will find this pretty neat: THE MOST FUN YOU CAN HAVE WITH BOILING WATER The Jonas Brothers help lock down the top spot for an affluent neighborhood? AMERICA’S MOST AFFLUENT NEIGHBORHOODS “I went to the butcher shop the other day and I bet him $50 he couldn’t reach the meat off the top shelf. He said, ‘No, the steaks are too high.’” The stakes/steaks are pretty high when it comes to compensation plans . Companies around the country are spending countless man-hours working with consultants or setting up comp plans on their own. Caliber Funding sent out a survey: HERE IT IS Wells Fargo sent their broker clients a link to a video focused on compensation and anti-steering. “Join…(read more)
Posted To: Pipeline Press
The new Congress takes over today, and as was mentioned yesterday, has a lot of fiscal clean up to do. Of course, this is the same with every year’s Congress, but we keep hoping for something new. One of the huge issues is the deficit, which in turn correlates to the size of the regular Treasury auctions. A ” primary dealer ” is a designation given by the Federal Reserve System to commercial banks or broker/dealers who meet specific criteria, including minimum capital requirements ($150 million) and participation in the Treasury auctions. Currently, there are 18 primary dealers in the U.S. government bond market , including Goldman Sachs, Jefferies, Barclays, HSBC, Morgan Stanley, and J.P. Morgan. It is a nice thing to have on your resume for a variety of reasons, and the lastest new addition…(read more)