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Best Of 2005

by Flexo

As the year is coming to a close, and I will be less available over the next few days, the opportunity is perfect for taking a look at Consumerism Commentary and compiling a list of “best” (or most popular) entries from the year. This will be the 570th entry in 2005, but only a few ... Continue reading this article…

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Open An Account At Every Bank

by Flexo

If you have a small business and you take a number of personal checks from the local community, you might benefit from this advice from Consumerist: simply open up business checking accounts in as many area banks as possible. This way you can take every customer’s check to his or her own bank — also ... Continue reading this article…

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Hacking BusinessWire and Making Millions

by Flexo

Two Estonian traders have been charged by the US Securities and Exchange Commission for hacking into the computer system of a business news service and stealing PR announcements before release. The SEC claims the hackers used the stolen information to make $7.8 million through illegal trading. The SEC charged Lohmus Haavel & Viisemann with fraud ... Continue reading this article…

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What Are You Afraid Of? Part 2

by Flexo

Earlier, I posted a summary of the first half of Money Magazine’s newest feature, Your Six Biggest Money Fears. In the feature, six general fears regarding personal finance are discussed and debunked, and for each an alternate concern is posited. Outsourcing makes many white-collar Americans concerned about their job. Still, it’s mostly blue-collar jobs that ... Continue reading this article…

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News Corp Buys The Internet

by Flexo

Actually, News Corporation is buying one website, but it’s the “fifth most widely viewed domain.” The corporation is purchasing MySpace for $580 million. Out of all of the social and business networking websites, MySpace is probably the ugliest and worst programmed. It’s easy to hack and the templates kids choose for their profiles are horrendous. ... Continue reading this article…

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Price Waves

by Flexo

Jim Jubak has published an important article about inflation. Jim, with support from The Great Wave by David Hackett Fischer, explains how the Federal Reserve Bank is ignoring long-term inflation while being concerned with shorter, cyclical events. There is historical precedence for the price inflation the world is currently going through. Jim picks out some ... Continue reading this article…

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401(k) Getting Whacked By The Market?

by Flexo

I’m sitting in a suite at the Renaissance Esmerelda in Indian Wells, California, not far from Palm Springs. It’s great to get away from reality for a few days, especially when family is covering the bill. I’ll be heading back to the Orange County area tomorrow, and back home to New Jersey on Saturday. I ... Continue reading this article…

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Apologies

by Flexo

Apparently Consumerism Commentary was hacked around nine o’clock this morning. If you were trying to access the site today and couldn’t, I apologize. Everything should be back to normal now.

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