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Record Bank fees

It should be no surprise that usatoday.com is reporting that banks received a record amount in fees last year: …Last year, banks, thrifts and credit unions collected a record $37.8 billion in service charges on accounts, more than double what…

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The $1oo Laptop Computer

I found this article quite interesting and promising. The Media Lab at the Massachusetts Institute of Technology has come up with detailed specifications for a $100 windup-powered laptop which would be targeted at children in developing nations. The proposed design…

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Bankruptcy Quote

“Capitalism without bankruptcy is like Christianity without hell.” – Frank Borman, former CEO of bankrupt Eastern Airlines