Financial Services Authority has always been helpful in enforcing rules and regulations in the United Kingdom’s financial services industry. It would have been almost impossible to control the excesses of financial institutions if there was no controlling authority to monitor their activities.Payment Protection Insurance or PPI has become a major bone of contention between the [...]
US government–The perpetual, heartless enemy of the citizens of the states united.I like to render my very informed opinion on the recent crippling financial crisis in which the executive branch simply tramples on and takes over the legislative prerogatives from Congress (see Newsweek Sept. 29, 2008). I have followed and studied the activities of US [...]
Are you finding it difficult to manage your daily expenses? Do you want some money for solving your money related problems? If yes, then don’t worry. You can get financial assistance in the form of a loan from financial institutions on the basis of your past credit. But what if your past credit is not [...]
We have all heard the stories of financial institutions exploiting consumers with shady practices such as exorbitant interest rates, hidden fees, and the like. These accounts anger us and, rightfully, those that practice these deeds should be exposed. Fortunately, not all reports are bad as evidenced in the way many companies are treating their customers [...]
The financial distress of the last two decades has revived interest on the question of the stability of the financial system. On the one hand, the “pessimist” view, associated primarily with Minsky argues that not only that the financial system is prone to such crises (“financial fragility” in Minsky’s terms) but also that such crises [...]