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Article Suggests Checking Bank Ratings
Posted on November 14th, 2010 No comments“Through Nov. 5 of this year, the feds already had shuttered 143 banks. Is yours next? Financial experts suggest you check ratings of a bank of credit union through several free resources. The FDIC suggests two: BauerFinancial and Bankrate.com,” read a story in the Janesville Gazette. -
MGIC No Stranger to B of A Issues
Posted on October 22nd, 2010 No comments“The recent hubbub over Bank of America’s ‘foreclosure gate’ scandal can’t be surprising to Milwaukee-based MGIC Investment Corp, which has tangled with the mega-bank for nearly a year over what MGIC considers faulty or fraudulent mortgage documents,” wrote banking reporter Rich Kirchen in the Business Journal’s Milwaukee Biz Talk blog.
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Editorial: TARP, and the Stimulus, Worked
Posted on October 8th, 2010 No commentsOshkosh businessman and Senate candidate Ron Johnson “said TARP was a mistake and [Sen. Russ] Feingold voted against it. We disagree with both. It appears that TARP also worked. Financial collapse — perhaps another depression — was averted, automakers are still making cars and employing Americans and all but $50 billion to $70 billion of the $700 billion to save the economy has been repaid,” the Milwaukee Journal Sentinel wrote in an editorial. -
Opinion: Money Smart Week Beneficial
Posted on October 4th, 2010 No comments“Local Money Smart Week programming was scaled back for 2010 after poor attendance plagued some of last year’s activities. … We’re hoping that trend can be reversed for 2010, and we encourage area residents to check out what the program has to offer. Particularly in these tough economic times, all of us can benefit from an added degree of fiscal savvy — especially when it’s free,” the Green Bay Press-Gazette wrote in an editorial. -
‘Real Regulators or Toothless Tigers’?
Posted on August 29th, 2010 No comments“We will need more of [the truth] if we are to stand a chance in the great wrestling match over how the banking bill will be implemented — with real regulators or toothless tigers in charge of key agencies, with consumers calling the shots or lobbyists continuing to define things, with Wall Streeters forced to take responsibility for their greed or with taxpayers facing the threat of another ‘bailout’ raid on the treasury,” writes John Nichols of the Capital Times in an op-ed column about the Fighting Bob Fest and this year’s speaker, Jim Hightower.
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Study: Wisconsin Losing Economic Ground
Posted on August 21st, 2010 No comments“Wisconsin has lost ground against the national average in key indicators such as per capita income, new jobs created and business creation. Over the past decade, we rank 44th in per capita income growth,” write Mike Knetter and Linda Salchenberger, deans of the business schools of the University of Wisconsin-Madison and Marquette University, respectively. Read more about their Wisconsin Competitiveness Study and their ideas in the Milwaukee Journal Sentinel.
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Column: Reform Bill Hurts Business Lending
Posted on August 20th, 2010 No comments“If small business is the foundation of our economy and community banks are the cornerstones to needed loans, one could formulate that fewer small business loans will be made and result in slower future economic growth” as a result of the Dodd-Frank financial regulatory reform bill, writes Mike Stoetzel, a partner at Clifton Gunderson and the company’s financial institutions practice leader for Wisconsin, in the Small Business Times.
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Editorial: Feingold’s Opposition Cost Taxpayers
Posted on August 19th, 2010 No commentsDid U.S. Sen. Russ Feingold’s opposition make the financial reform bill more progressive? “No; it did the opposite — it shifted $19 billion of the bill’s cost from banks to taxpayers,” according to an editorial in the Tomah Journal.
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Letter: Examiners ‘Issuing Nuisance Consent Orders’
Posted on August 10th, 2010 No comments“FDIC federal bank examiners are trying nationwide to slow loans made at local level community banks. The practice of issuing nuisance ‘consent orders’ and other patterns of harassment are used to make examples of progressive banks for other banks to see,” writes Steve Mugerauer of Oshkosh in a letter to the editor of The Oshkosh Northwestern.
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Bank Ownership Changes Irk Columnist
Posted on June 13th, 2010 No comments“We have changed banks again for the fourth time in not-too-many years. It is not due to lack of good service or competitive offerings. It is due to the seemingly constant shuffle of owners,” writes columnist Al Campbell in Germantown NOW.


