Category: Saving

Capturing wallet share: Part 2, too big, or too few?

12 August, 2010 (11:46) | Banking, Consolidation, Finance, Innovations, Saving, US News |

[Continued from yesterday's Part 1.]   By: David A. Smith   Yesterday’s exploration of a Wall Street Journal story on banking concentration asked whether banking concentration was depriving customers of informed choice.    There’s a reason we enacted the 1890 Sherman Antitrust Act   Measured in loans and other assets, Citigroup Inc. and the three […]

Capturing wallet share: Part 1, some get bigger

11 August, 2010 (11:02) | Banking, Consolidation, Finance, Innovations, Saving, US News |

By: David A. Smith   How many banks is enough?  How many are too many?  And how many physical branches should a bank have?    What is convenience when capital has dematerialized?   Those questions lie silently behind a Wall Street Journal article with surprisingly populist overtones:   A City Feels the Squeeze in the […]

Nothing but upper ups?

3 February, 2009 (10:56) | Banking, Government, Saving, Speculation, US News |

In the halcyon days of the early Peanuts comic strip, Charlie brown was trying to console the perpetually-aggrieved Lucy via a bit of soothing wisdom: “Life has its ups and downs, you know.”   My dear, your being down is in the nature of things   “I don’t want downs!” shrieked Lucy.  “I want only […]

Reality bites: the challenge of saving

20 August, 2007 (10:10) | Finance, Saving |

Saving, as we learn a bit didactically from Aesop’s fable, is at some level both dull and timid.    Down payment?  What’s that, dude?   Ant-like savings seems so vapidly incremental, one modest contribution at a time.      Try not to judge too harshly the young people whose former insipidity is so on display […]