Tuesday, October 26, 2010

Bloomberg.com verses Fool.com

     I chose to compare Bloomberg.com to fool.com, both financial websites, with totally different reputations. To start  you figure Bloomberg.com is going to be accurate and reputable by just the name, Bloomberg; named after Mike Bloomberg, the current mayor on New York City. Once you proceed to the site, visually, you can see it is well structured, and under the majority of the articles they have the authors name and even where he can be reached and located at.
     Compared to fool.com, where as soon as i loaded the page, you are directed to a website based pop-up, from a third party. I then proceeded to look at it from a visual outlook, and the website looked choppy and non-structured, and is definitely a little less budgeted than bloomberg.com. As you click on the articles on fool.com most were properly written, but didn't have any contact information or any general information on the writer at all. What they did have was a comment section under the article where you can rant and rave about your own opinions in the article. Even though both websites are financial websites, the information portrayed could be very different, do to the reputable writers depicted on one compared to bloggers on the others.

Tuesday, October 5, 2010

Struggling Bailouts

     After the Treasury Department bailed out numerous banks, a great percentage of them can barely survive, in this present day. Some ask how can that be, some would say it stemmed from their acceptance decision. Some officials of the treasury overlooked a lot of financial problems that seemed questionable to them. They also are getting plenty of heat due to the fact, that they should have been able to track and manage decisions by the problem  banks. These decisions meaning, which banks could repay, the others that could apply and last, and lastly the ones who could not pay or got rejected.
     Others are hoping the new program, which will give out thirty million billion to small banks, will not face the same problems stemming from the previous paragraph. The big plus behind this is, they will be offering the banks the governments money at a  low rate, which is a plus for repayment.The number of banks on the governments problems bank list are rising, and as of June, seventy eight banks were questionable in their effort of surviving.