Money
8 Reasons I’m Happy It’s Not 1963
Unless you’ve been living under a rock the past few weeks, you’re probably aware that tomorrow is the 50th anniversary of the assassination of JFK. Documentaries […]
Would Private Charity Be More Effective If the Wealthy Were More Charitable?
Conservative critics of government social welfare programs argue that private charity, which Americans engage in on a vast scale, can help those in need better […]
Camden County Congressman Rob Andrews Investigated by 60 Minutes
Camden County Congressman Rob Andrews is having a bad couple of months. In late August, the House Ethics committee announced it was extending its investigation […]
Former Eagle Irving Fryar Accused of Mortgage Fraud
NJ.com reports: “Former Pro Bowl NFL wide receiver Irving Fryar was indicted today along with his mother for conspiring to steal more than $690,000 by […]
Why TD Bank Might Not Buy Citizens Bank
The Philadelphia Business Journal is skeptical of rumors suggesting TD Bank may buy Citizens Bank, offering five reasons why a deal might not get done.
TD Bank Renews Interest in Acquiring Citizens Bank
Canadian TD Bank is eyeing the acquisition of Providence-based Citizens, both of which service the Philly area and together, says Joe DiStefano, would rival Wells […]
Officials Have Great New Idea for Funding Philadelphia Schools: Collect Taxes
CBS Philly reports that City Hall is promising a more-vigorous effort to collect the “school tax,” in light of the district’s ongoing funding woes. “The […]
Philadelphia’s Economy Is Growing Exactly as Slowly as You Think It Is
A chart from The Atlantic: Philadelphia Business Journal puts it in perspective: Between 2009 and 2012, Philadelphia’s GDP grew by 9.4 percent, ranking 9th out […]
Study: Your Bank Probably Sucks, Philly
Here’s a chicken-or-egg question: Do Philadelphia banks suck because they’re banks, or because they’re in Philadelphia? Philadelphia Business Journal offers some insight: Five of the […]
Perelmans Haved Added A New Generation to Their Byzantine Family Legal Battles
We’ve actually lost track of which Perelmans are mad at whom. What we know is that a bunch of rich people with Philadelphia ties keep […]
Poverty Up in Pennsylvania, Down in Philadelphia
First, the kind of bad news: “The Census Bureau reported Tuesday that almost 1.8 million people in Pennsylvania, or 13.9 percent, were living in poverty […]
Forbes: These 4 Philadelphians are Worth $8.6 Billion
Forbes just released its annual Forbes 400 list, which is also known as The Richest People In America. Four Philadelphia-area residents made the cut. And […]
Economist: The Rich Stay Rich, the Middle Class Get Thriftier
Silly me. My career went into a ditch at the start of the Great Recession when I traded a good job and a comfortable income […]
38 Reasons the Cost of College Is Worth Every. Single. Penny.
The high cost of education has been very much in the news of late, particularly after the President’s recent speech about his plan to bring […]
NASDAQ Halts Trading Because DON’T PANIC!
This is why all our investments are in gold and potatoes, both of which are buried in an underground shelter: U.S. stock exchanges on Thursday […]