“The Bonzi Buddy is this purple monkey, sort of like the Microsoft ‘Clippy,’ that you use to surf the Internet. It reads things to you, sings – all using Microsoft narration. It’s actually spyware, and can collect personal information.” -Trevor Dierdorff, Amnet Inc.
Wall Street banks have become temporary headhunters for their hedge fund clients, reports the New York Times. Banks always provide extra benefits to hedge funds, including finding office space and raising money for new portfolios. But now, they’ve started a different role, helping those clients find top talent in an effort to secure lucrative hedge […]
The gap between bank deposits and loans is still growing, said Bloomberg, so banks are using the extra cash to buy U.S. Treasuries at the fastest pace since 2010. Deposits increased by 3.3 percent to $8.88 trillion, but lending only rose .7 percent to $7.11 trillion. Read more at Bloomberg.
The town of Hayden, near Steamboat Springs, is considering shrinking the size of its historic district to make it easier for businesses to locate there, said the Denver Post. Currently, the town’s historic district is five blocks long and three blocks wide, and the Economic Development Corp. has asked town council members to limit the […]
“Living in the Village” by Ryan C. Mack c.2010, St. Martin’s Griffin You’ve learned your lesson. In the past four years, you’ve learned that you can’t spend frivolously. You can’t use credit unwisely, there’s no “wiggle room” on bill-paying, and the only way to face your future is to put money back into your own […]
<strong>Bob Bentzen</strong> has joined Griffis/Blessing Inc. as commercial portfolio manager. He has more than 30 years of experience, and is a certified property manager and portfolio manager. <strong>Shane Mahoney</strong> has joined Community South Bank as first vice president/business development officer of the small business lending division.
“I really think that networking is the key — followed up with a perfect resume, or the networking is wasted. And I’m not talking only about the networking we already have in place, I mean making a network.” -Darlene Garcia, Colorado College
Here are some lessons from last week’s epochal financial meltdown/bailout. On the good side, we learned that the federal government can be powerful and decisive at a time of real crisis. Whatever you might think about the rescue plan drafted on the fly by Federal Reserve Chairman Ben Bernanke and Treasury Secretary Henry Paulson, it almost certainly will forestall an economic disaster of unparalleled scale.
The fallout from subprime mortgage loans, those made to people with below prime credit scores, is making things more difficult for mortgage brokers and consumers alike. Delinquency rates for subprime adjustable rate mortgages, which accounted for about 9 percent of all outstanding first lien mortgages, have continued to climb nationwide.
Maxx HD® Sunglasses of Monument hired Billy Witter as director of licensed sales. Witter worked with the Colorado Rockies in the public relations department. He graduated from Colorado State University with a degree in journalism and technical communication. Maxx HD® Sunglasses also hired Travis Howell as director of communications. Howell also worked for the […]