How They Can Take Your Assets From Brokerage Account If There Is A Crisis

I had posted about this topic once before. Most people are completely unaware that their accounts with stocks, mutual funds, ETF’s, IRA’s, 401-K’s, etc. can be taken away if there is a financial crisis. The below video identifies some of the culprits. There is apparently a Uniform Commercial Code that […]

One of North Carolina’s Largest Employers at Risk? An Economy Teetering on the Edge

As of this time last year, Bank of America employed 15,000 people in the city of Charlotte, NC. It is one of North Carolina’s largest private employers. The last couple of days have been a whirlwind for this company which is one of the largest banks nationwide. It has apparently […]

Conservative NC Bank Takes Over Silicon Valley Bank

First Citizens Bank, based in Raleigh, is known for its conservative management approach and is “closely held”. The announcement that it was buying the failed Silicon Valley Bank culminated nearly a week of speculation. The Holding family, which founded and runs the bank, produced a recent Republican member of Congress […]