I missed the blurb about Moody’s cutting American Express’ credit rating yesterday, but I think it is karma coming back to bite Amex. They cut peoples credit lines and now Moody’s may be cutting their credit rating. Ironic!
The New York-based company is under review to have its A1 rating lowered by one [...]
Today, the banks wanted to give investors back money because they were sued by different state attorney generals for fraud or misrepresentation. The banks don’t want to admit any wrongdoing and have basically settled by paying their way out.
Citigroup to Buy $7.5 Billion of Auction-Rate Debt, Pay $100 Million Fine
Citigroup neither admitted nor denied [...]
I have a new hobby which is playing chess online. I play at chess.com and probably get in 10-20 games a day. I like to play 1, 2, or 5 minutes games but will occasionally play 10-15 minute games too. With computer programs that play chess now at fast speeds it is easy for people [...]
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