PayThink

The SEC's case against three former New Century execs undermines the oversimplified -- and overstated -- notion that lenders who sell their production have no stake in the performance of the loans.

Neel Kashkari may have escaped to the woods of California, but that hasn’t spared him a vicious skewering by the Huffington Post.

Edward Pinto has more to say about the shortcomings of the Treasury’s Home Affordable Modification Program.

You should be reading this while wondering if it isn't time to have the wings adjusted in your flying car, debating over the dinner you'll be having delivered via a tube to your home, and curious over why those obsolete C, X and Q keys are still on your keyboard.

How a credit union addresses change can say a lot about its success. Are you like the kid who says, "That new rule makes the game better," or the one who throws the ball away and sulks home? Can you turn a challenge into an opportunity?

I am writing in response to the editorial by Raul Pickett, CEO of El Futuro Credit Union-"CRA Debate Could Be A True Test of CU Philosophy In Action."

As Ben Bernanke was defending the Fed's record yesterday, the St. Louis regional bank's president was (implicitly?) criticizing a cornerstone of the central bank's response to the crisis – easier monetary policy.

The interchange wars between merchants and payments companies came to a temporary ceasefire Wednesday at the annual Cards & Payments Loyalty Conference in New York.

Maybe the distracted Northwest pilots were too busy comparing the contents of their wallets to land their plane.The well-publicized gaffe at Northwest Airlines Inc., his company's former longtime partner, gave Bob Daly of U.S. Bancorp an opportunity for a pointed joke Wednesday — and the biggest laugh in the room.

Systemic risk is coming to a bookstore near you."Union Atlantic," a forthcoming novel by Adam Haslett, tells the story of a (fictional) president of the New York Fed who tries to prevent a market meltdown after the collapse of a (fictional) bank the Fed regulates. The book got a glowing write-up in the current issue of Esquire, which compared it to the sweeping works of Norman Mailer and Tom Wolfe.