13. Banking: Successes and Failures

Financial Markets (ECON 252) Banks, which were first created in primitive form by goldsmiths hundreds of years ago, have evolved into central economic institutions that manage the allocation of resources, channel information about productive activities, and offer the public convenient investment vehicles. Although there are several types of banking institutions, including credit unions and Saving [...]

President Obama on Meeting with Bank CEOs

The President talks about the importance of loosening access to credit and the necessity of financial regulatory reform in remarks following his meeting with financial and banking leaders at the White House. December 14, 2009. (Public Domain)
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www.globalchange.com Banks will become phone companies and telecom companies will become banks. Mobile payment systems, micropayments, mobile phone credit card transactions and loans. Economic impact of remittances from foreign workers using SMS credit to avoid foreign exchange transaction costs. How biometrics fingerprint technology will allow large mobile phone payments. Commissions and interest charges on loans. [...]

8/28/2006-Peter Schiff Predicts The US Economic Collapse With Unbelievable Accuracy

Visit www.PhilDeCarolis.com tosign up for my free weekly newsletter that includes Economic and Real Estate updates or for more Peter Schiff videos and real estate advice from an experienced Investor Let me help you protect and grow your wealth NOW before it is too late. Contact me right away for a referral to my own [...]

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Banking 2: A bank’s income statement

Introduction to the income statement of a bank (and to income statements in general).
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Banking 1

Introduction to how banks make money and the value they (potentially) add to society.