Money Whatnot

Circuit City Stores Inc. filed for bankruptcy amid rising competition from Best Buy Co., Wal-Mart Stores Inc. and online electronics retailers. The petition for Chapter 11 protection in U.S. Bankruptcy Court in Richmond, Virginia, listed $3.4 billion in assets and $2.32 billion in liabilities, driving the shares down 56 percent before the New York Stock Exchange halted trading. The company said it is entering court protection owing Hewlett-Packard Co. $119 million and Samsung Electronics Co. $116 million. Your Ad Here The Richmond-based company, founded in 1949 when Samuel Wurtzel opened the city's first retail television store, has lost more than $5 billion in stock-market ... Read Full Story

"Always try to rub against money, for if you rub against money long enough, some of it may rub off on you." (from Damon Runyon's "Very Honorable Guy"). Greenbacks, dough, moolah, rhino, jack, buck, bread, c-note, dead presidents are just a few names for our American dollar. No matter what you call it, money is necessary and money is wanted. But the question is, “how do I get it”. Lets see, you could have inherited it, i.e. Kennedy, Romney, Bush, and other billionaires in the United States. Or, you could have won the national Lottery (as opposed to that one that you keep getting ... Read Full Story

Citigroup (NYSE:C) the second largest bank by assets in America has said on Monday that due to the credit crisis plaguing Wall Street that they will be reducing employee levels down to 300,000 from the 352,000 workforce it has at the moment, shedding 52,000 jobs in the process. The reports came as Citigroup posted an investors presentation on their website stating the move, it was only September that 23,000 employee’s of Citigroup lost their jobs. It has been highly speculated that the job redundancies will be in the banks Wealth management and investment banking division. Your Ad Here The New York bases bank has ... Read Full Story

Mint is fresh, intelligent online money management . Not only is Mint free, it saves you money. While existing personal finance software packages require hours to set up, a passion for accounting (is that possible?) and hours of weekly maintenance, Mint is virtually effortless. With Mint , you can achieve better online financial management in less than five minutes. After that, revolutionary, patent–pending Mint money management software does the rest, with virtually no more work required. It automatically pulls together your bank, credit union and credit card data, and provides up–to–date and amazingly accurate views of your financial—life from the big picture to specific ... Read Full Story

2003, January. I backpacked through the south of India. During my travels, I emailed my friends every now and then, updating them about my adventures. Copies of those messages sit in the ‘sent messages folder’ of my Yahoo! Mail account. Gmail didn’t exist then. I glanced through some of them today. I find them funny now. Back then, I wrote differently. I had different priorities. No digital cameras. This is the second email I wrote to my friends during my travels, at Kanyakumari . Read on: yes my friend, i got a picture of the SOUTHERNMOST BAR IN INDIA! I also got the southernmost ... Read Full Story