Innovation in Banks and Financial Institutions

Banks and financial institutions play a major role in the stabilization of the economy. The generic roles of banks are associated with managing growth, development, business operations, financial security and managing inflation. However, they do much more, far more than many people realize. This means that they should be at the center of rebuilding economic reforms. It has been the growth of financial institutions that has spawned the careers of many successful business analysts. Change through communication Banks and financial institutions were at the main stage when the fiscal crisis struck. After a lot of analysis, it was purported that...

Poor Background Students: Are They Benefitting From Increased UK Tuition Fees?

The majority of undergraduate students in the UK have recently been hit by massive rise in UK tuition fees, but aside from cash-strapped universities receiving more income, it seems that there are other beneficiaries from the government’s controversial move. Poorer Pay Less in UK Tuition Fees According To Study According to a study by the Institute for Fiscal Studies (IFS), since tuition fees were first raised back in 2006, the gap between richer and poorer students attending university has narrowed significantly. This suggests that more working-class youngsters are taking the risk of studying for a degree, but why? Since the...

Sponsored Video – Christmas Is Inching Closer: Buy Gifts For Children

As a Jeep owner I am happy to share this video. This post is sponsored by Jeep. It has been a busy week with work as working in finance it is month end and the financial situation like so many other businesses around is not doing good. Seeing first hand the money that the organization is bleeding does not give me that warm and fuzzy feeling, but it also makes me look inward to tidy up my own finances to make sure that I have my money in order. So here is what my wife and I have done since...

What does the loss of a patent mean to a pharmaceutical company….

There was an article in the NY Times that said that Pfizer profit declined 19% after loss of patent for Lipitor.  The article points out that Pfizer is racing to reinvent itself as they are scheduled to lose 19 drug patents with a potential to lose $38.5 billion in sales.  For years big drug companies have been buying up smaller companies that showed a promise of bringing a new drug to the market.  They picked up where the little company left off and brought it out to the market place under the larger companies’ name.  What is next for the...

Would you work for free?

With Earth Day 2012 in the books, I hope you had a chance to get out there and make a difference.  For me I will be helping to clean up this coming weekend!  Taking a look at the shear amount of work the volunteers do in our community day in and day out is amazing.  With the average hourly wage of a volunteer in 2011 close to $21.79 per hour, the dollar value is immense if you look at the amount of work that volunteers perform. Here is how my organization uses volunteers The organization that I work at relies...

Gas prices got you down?

I was sitting there having a mind freeze on what to write and I looked over to my wife and asked her for a topic.  She said, “gas.”  Sitting there thinking that was out of left field, I pretended not to hear and said huh.  Gas prices, Ahh gotcha! Well if you haven’t noticed gas has been creeping up, it seems as though every time I drive past a gas station it is 10 cents higher than it was an hour ago.   I read an article the other day that crude prices over $100 a barrel are going to be...

Deadliest Catch returns April 10……

I love this time of the year, it is April which means the start of the golf season in Central NY and also for the past few years it has meant that Deadliest Catch is on.  It starts April 10 this year on the Discovery Channel.  It’s all the same, only the names will change Everyday it seems we’re wasting away Another place where the faces are so cold I’d drive all night just to get back home. I’m a cowboy, on a steel horse I ride I’m wanted dead or alive Wanted dead or alive Sorry, I was a...

Groupon, April fools gone bad?

What happened to Groupon?  This has been a terrible past week for deal of the day website.  The stock plunged 17% as the potential for an SEC probe rattled the share prices.  Groupon had the largest IPO since 2004, when our buddies at Google had a $1.7billion dollar initial public offering.  So what happened, well first let us hope that this is not another Enron or another episode of corporate malfeasance.  Initially the company came under scrutiny when before their IPO they revised their financials with the Securities and Exchange Commission.  The company came recently under scrutiny when an auditor...

Move over King there is a new girl in town and her name is Wendy!

For as long as I can remember it has always been 1. McDonald’s 2. Burger King and 3. Wendy’s.  Well that is not the case any longer as it has just been announced that Burger King was surpassed in US sales volume by Wendy’s.  This change up brings makes me reminisce of those days back in college and that Nelly song “Number One.”  You know you remember Nelly, he sung Country Grammar!  Google it if you forgot who, but make sure you come back to finish up this article.  As I digress….. Hey hey hey hey hey hey – now...

All good things must come to an end…It was a good run while it lasted…RIP Encyclopedia Britannica print edition

Childhood….Ahhh those were the days of no responsibility where my only recollection of money was that my parents had it and I needed it to buy candy or that new toy.  But what I do remember as a youth was that my parents subscribed to Encyclopedia Britannica.  I asked my mom a while back how they ended up with the encyclopedias and she gave me the spiel where a salesman came door to door saying something about how it was going to be the way of the future.  They had just had me as their first child and they didn’t...