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Paisano1 / Tip'd

Groucho's Investment Club: Membership Has Rewards

Review the April Fool’s Day 2008 Balance Sheet of the American Economy (Unmanageable Loss. Manageable Catastrophe. New Mortgage News, April 1, 2008). It predicts systemic bank failures. That means that it predicts that many banks will fail. This wor read more »
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ISR News: WorldPay (CORRECTION: NOT PROPAY) Suffers $9M Heist

ATM heist last November resulted in a one-day haul of $9 million in cash, after a hacker penetrated a server at payment processor RBS WorldPay...
(CORRECTING EARLIER POST ON INFORMATION-SECURITY-RESOURCES.COM - WorldPay NOT ProPay) read more »
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Plan Orange: The Mortgage Crisis Killed Quickly

Then ask yourself: Is it possible our property market can deteriorate by 40% and no systemic bankruptcy follows? Is the bubble’s very definition homeowners taking on debt they cannot afford — to buy houses priced for a Ponzi flip? Where is that... read more »
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Heartland Payment Systems Data Breach Hits Local Banks

“The consumers get mad at the bank for something that’s not their fault,” he said. “They place responsibility on (banks) for a breach at a processor in some other state used by a vendor where the customer used their card, but at the end of the day.. read more »
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Bad Economy Spurs Increase In Cyber-Scams

The boom in cyberthreats that occurred during the last three months of 2008 could accelerate, especially if the economy continues to falter, security specialists say. Organized cybercrime groups have become increasingly efficient at assembling... read more »
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Fannie Mae Logic Bomb Threat Thwarted

A logic bomb allegedly planted by a former engineer at mortgage finance company Fannie Mae last fall would have decimated all 4,000 servers at the company, causing millions of dollars in damage and shutting down Fannie Mae for a least a week, prosec read more »
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Did Heartland (HPY) CEO Make Insider Stock trades Trades? (Chart)

The date they settle on may well be the difference between market serendipity and an SEC investigation for insider trading, as an examination of stock sales made by Heartland CEO Robert O. Carr in the second half of 2008 raises some serious question read more »
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Bulls view on L&T, RBI decisions

RBI announced its much awaited policy on 27th January 2009. All the key rates – repo rate, reverse repo rate and Cash Reserve ratio (CRR) were kept unchanged and held at current levels. read more »
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6 Key Investing Lessons for the Current Market

Valuable investing lessons on what it takes to succeed, from ex Vanguard CEO John C. Bogle. read more »
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Mixing Morals and Debt Management

Getting your debt under control isn’t something that comes easily or quickly. It’s a long, arduous process, not unlike a diet, that requires constant attention and focus. For many, it’s the same process that starts and stops each year, a declining read more »
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Don't Get Scammed -- Like I Did

With all of the bank mergers and acquisitions taking place right now, many people are getting tons of updates from their banking and credit card companies regarding the transitions to other companies and new policies and procedures. What many peopl read more »
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2008, 2009 Federal IRS Car & Vehicle Mileage Deduction for Taxes

We are all familiar with the prices at the pump. That is why it is more important than ever to seek every deduction possible when calculating your driving expenses that relate to your work or business. It can be a time consuming process but tracking read more »
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2008, 2009 Federal Tax Withholding Info & Calculator

The amount of tax withheld from your wages depends on your marital status and how many dependents you claim. You have to file Form W-4 with your employer. If you do not do this, they assume you are a single person with no dependents. read more »
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Energy Tax Credits for Energy Efficient Windows 2008, 2009

If you have decided to purchase energy efficient windows, skylights, or storm windows for your home then you may qualify for a tax credit of up to $200.00. A credit is different than a deduction, a tax deduction will reduce the amount of income subj read more »
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Beware of Tax Refund Loans

How much are you willing to pay to borrow money for 14 days? If you’re reading this blog, probably not much. Read more... read more »
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