Like every other bank in the world, we are looking at a mobile banking solution to provide to our customers. After sitting through two demos so far, I think the technology looks pretty slick. Side note if anyone can explain how you can do mobile banking on a pager, as one demo suggested, […]
CodeGear (Borland) has announced that they are releasing an IDE for Ruby. They called it ‘CodeGear RAD Studio 2007, Rapid Development of Native Windows and .NET applications’.
Some information fro original site:
Includes Delphi, Delphi for .NET and C++Builder
Build AJAX powered websites with ASP.NET 2.0 and VCL for the Web
Blackfish SQL - the managed SQL database with […]
People are pretty excited with the news from Apple about the new iPod Touch and refund for $100 for those that bought the iPhone. However, I havent seen that many people mention the updates to the classic iPods. In case you didnt know, you can now buy an iPod that can store up […]
Well, it looks like we were beaten to the punch. First Citizens is the first South Carolina based bank to roll out contactless cards. My employer is looking at offering this also so we’ll be keeping tabs on First Citizen’s success. Personally, I’m a little hesitant to use contactless cards. I’d […]
There has been a lot of news about the subprime lending problem in the lending community. Ron Shevlin posted his take on a newsletter by Don Peppers and Martha Rogers. I agreed with him until he got to the personal accountability part.
So lets get this straight: Consumers went looking for loans, lenders paid […]
This is a rental, not a purchase per se, but toward the close, I bought some Flagstone Reinsurance (FSR). Its a new-ish company with one of the top 2 property reinsurance models in Bermuda. Trading near tangible book, 6x earnings, with high quality assets and reasonable operating leverage, it is a reasonable play […]
Data provider Dealogic reported Thursday that LBO and M&A activity fell off sharply in Q3 during a global credit crunch, although mid-market deals held up relatively well. Deals valued in the $100 million-1 billion range totaled nearly $82 billion in the quarter, a 15% drop from a record Q2. Deals above $1 billion, however, tanked […]
On Wednesday, the NYT floated a rumor that Warren Buffett was considering taking a stake in Bear Stearns. Have a read of the actual flailing report itself:
Bear Stearns, its shares and reputation beaten down
after the collapse of two hedge funds, is in serious talks with several
outside investors, including Warren E. Buffett, about selling as […]
The student loan industry is resigned to disappointment. President Bush signed a bill Thursday that cuts subsidies and increases grants. The bill will reduce profitability at all student loan lenders.
It is a prime reason why the buy-out of Sallie Mae (SLM) by a group led by JC Flowers is facing rocky times. The terms of […]
During the days of maximum fear around Thronburg Mortgage (TMA), I bought some of the common and some of the preferred of this mortgage REIT after hearing the CEO give what I thought was a very honest and detailed appraisal of their losses. He impressed me. Honest, humble CEO’s always do.
I realized […]