Small Business Credit Card Issuers: The Good, The Bad, and The Ugly

We all know the old adage, “you can’t judge a book by its cover.” What you might not know is that banks apparently had this in mind when branding business credit cards. You see, one would think there’d be significant differences between general-consumer and business credit cards. However, according to a recent Card Hub study,

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Online Poker Crackdown Is Good News

If you haven’t heard, our broke government wants to get its hands on the online poker industry’s potentially US$6 billion dollar annual revenue pie.  They’ve frozen bank accounts linked with Full Tilt Poker, Poker Stars, and Absolute Poker and have indicted 11 founding executives of the companies.  All totaled, the government wants US$3 billion in

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The European Debt Crisis is Still Alive and Kicking

For those with memories longer than the time it takes to read this article, the month of May is quickly approaching. And with it, the one-year anniversary of not only the “Flash Crash”, but also the moment when the European debt crisis grabbed financial headlines, causing an immediate crisis of global proportions.  Capital suddenly flew

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Should Unemployment Benefits Be Phased Out After A Certain Age?

Should unemployment benefits be phased out after a certain age? Or is that just ludicrous thinking? I wrote this article in 2011, a couple years after the worst of the global financial crisis. The government provided generous unemployment benefits up to 99 weeks. Meanwhile, I was burning out from my investment banking job at age

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