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Dr. Kalinda Rose Stevenson
Make Money Formula: Entrepreneurs…Do You Know The One Essential Ingredient The Bankers Left Out?
The “make money” formula is really very simple, yet some of the biggest banks in the world got it wrong because they left out one essential ingredient.
What is the formula and what essential element did the failed and bailed out banks leave out? Read more
Sphere: Related ContentTags: banking crisis, banks, financial crisis, make money, making money, mortgages, securitization, value
Financial Crisis Silver Lining: The Money-Making Mindset Entrepreneurs Can Learn From Bankers
The global financial crisis has a money-making silver lining for entrepreneurs.
The idea of a “silver lining” comes from the old proverb, “Every cloud has a silver lining.” The proverb looks for some unexpected good outcome following some bad event.
For many entrepreneurs, business owners, real estate investors, and wage earners, the financial crisis is all too real, leaving millions with devastating losses.
What is the silver lining in all of this? Read more
Sphere: Related ContentTags: bank meltdown, bankers, banks, entrepreneur, financial crisis, make money, making money
House votes to restrict Wall Street pay: Congress acts to end million dollar bonuses paid with bailout money
The United States House of Representatives passed a bill that restricts bonuses to bank executives.
Nothing has enraged ordinary people more than the idea that the biggest banks used bailout money to pay huge bonuses to their executives.
The House voted Friday to slap restrictions on how Wall Street executives are paid after nine banks that took government bailout money rewarded thousands of their employees with bonuses topping $1 million each. House Votes
In the same year the banks were failing, and taking billions of dollars in bailout money, the banks were paying their executives million dollar bonuses. Read more
Sphere: Related ContentTags: bank bailout, banks, Barney Frank, executive bonuses, financial crisis, Glass-Steagall, House of Representatives, make money, recession, Wall Street
Free Report: Is Your Money Making Money For You Or Your Bank?
Here is a question for you. If you put your money into a savings account in the bank, who makes money from your saved money?
I have just completed a free report, “Who Is Your Money Working For? You Or Your Bank?” Read more
Sphere: Related ContentTags: bank, bank savings account, banks, free report, make money, making money, save money, saving money, time value of money
The Lending Game Gone Bad: The Money Reason Why Banks And Corporate Giants Are In Trouble
One of the factors creating turmoil in the economy is the blurring of financial roles.
In the Monopoly Game®, the rules are clear. The players have a clear set of rules, which determine what they can and cannot do with money. The banker also has a clear set of rules, which allows the banker to use money differently than the players do. Read more
Sphere: Related ContentTags: bad loans, banks, lending, Monopoly, No Money Limits, recession, self-financing
When Creative Financing By Banks Gets Out Of Control
What is the basic cause of the financial crisis? It is the process called creative financing, because creative financing creates money. Creating money is different from mining for gold or drilling for oil. Mining and drilling seek to find something that already exists. But money cannot be discovered the way that gold or oil can be discovered. Money is an idea of value and is created in transactions. Read more
Sphere: Related ContentTags: bailout, banks, banks create money out of thin air, creative financing, financial crisis, money, real estate
How You Can Create Financial Freedom In A Time Of Financial Crisis
The financial crisis fills the news. Each day, we hear about more billions for stimulus packages to banks “too big to fail.” We also hear dire warnings about the collapse of major corporations, such as the Big Three auto makers in the United States. The crisis is real, as is spreads throughout our entire economic system, both nationally and internationally. Read more
Sphere: Related ContentTags: bailout, banks, banks create money out of thin air, entrepreneur, financial crisis, financial freedom, freedom equation, hero, heroic story, Main Street, No Money Limits for Real Estate Investors, rescue, salvation, Wall Street
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