Posts Tagged ‘Banking & Finance’

TROTTER: What lessons can be learned from Detroit?

On July 18, Detroit became the largest American city to file for Chapter 9 bankruptcy. A city once having a population of some 1.8 million has whittled down to less than 700,000. What will happen to the pensions of its 20,000-plus retired public employees? There is for sure the distinct possibility they could be reduced […] [...]

How to benefit from modest estate planning

While only the wealthiest individuals need to invest in “Cadillac” estate planning for the purpose of minimizing estate taxes, many others can benefit from estate planning more on an economy car level. People who need estate planning that might include complicated trusts are those with assets in excess of $5.25 million for an individual or […] [...]

Read January 18 issue of MBJ

by Published: January 18,2013

Tags: Banking & Finance, Chuck Hagel, gambling, PERS

>> ROLLING THE DICE Mississippi gambles on technology developments some deem to be too risky— by Becky Gillette Also in this week’s paper: >> GOVERNMENT Hosemann to fight to keep 16th section lease oversight — by Clay Chandler >> EDUCATION Treasurer to push for financial literacy requirements— by Clay Chandler >> RETIREMENT PERS report raises […] [...]

Buying a home? Not so dreamy

by Published: August 12,2012

Tags: Banking & Finance, Fannie Mae, Freddie Mac, Ike Trotter

For most today, a home mortgage is the largest single investment that one normally makes over a working lifetime. It can also be said, however — after the initial excitement of purchasing the home has been made — that dealing with the procedures necessary to buying a home can also be one of the biggest […] [...]

Read the Jan. 16 issue of the MBJ online

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Read the October 24th issue of the MBJ online

In this week’s MBJ — THE NATIONAL TELECOM TAKE ON C SPIRE: Stephen McDill asks national telecom experts what they think of the new marriage between Apple Inc. and Ridgeland-based C Spire. You might be surprised at what they told the Mississippi Business Journal. Also in this week’s paper: >> VOTER ID: Will the National […] [...]

BancorpSouth in acquiring mode

CEO Patterson tells annual bank conference in Chicago, ‘We are an experienced and proven acquirer.’ BancorpSouth Bank is on the hunt for banks to buy and expects to be a regional leader in acquiring “fatigued” community banks over at least the next 12 to 18 months. BancorpSouth chairman and CEO Aubrey Patterson made note of […] [...]

Fed: Consumers must opt in to OD privilege

by Published: May 2,2010

Tags: Banking & Finance, opt-in, overdraft protection

Uninformed may see a decline at register With the increasing use of debit cards in recent years, many consumers have avoided the risk and embarrassment of seeing the words “declined” or “non-sufficient funds” flash at a cash register when accidentally overdrawing due to a service called courtesy overdraft privilege (ODP). When a consumer with ODP […] [...]

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