One of the Largest Financial Frauds in United States History

Bernie Madoff was at once family man, trusted friend, business success story, and one of the most notorious Ponzi Scheme Kingpins in history. His scheme  devastated the lives of thousands including his own family. By all appearances the Madoff’s were to be envied. They flew in private jets living the high life of luxury, but the […]

Keynes Essay of Possibility

In John Maynard Keynes’ 1930 essay, Economic Possibilities for our Grandchildren , he comments on the then current “prevailing world depression” and the general feeling of pessimism hanging as a dark cloud overhead. The cloud being filled with joblessness, soup lines, and in some cases, suicide, in response to sudden financial ruin. The aftermath of economic disaster was so […]

The History of Money

The objects of value that have served as forms of currency, have gone through considerable change over the past 10,000 years. We began with a barter system, where traded services and resources resulted in an agreed upon exchange of mutual advantage. In fact, individuals, organizations, and governments still prefer to use the barter system of […]

History of VA Home Loan Program

On October 26, 2012 the 20 Millionth VA Home Loan was purchased by the spouse of an Iraq War Veteran who passed away in 2010. The Department of Veterans Affairs (VA) home loan program first got its start as part of the GI Bill of Rights in June of 1944. The GI Bill, officially named the […]

Stock Market Crash of 1987

I was in my 20s and working for a small business owner on Black Monday, October 19, 1987. I did not own stocks. I was doing good just to get by on my modest income; this was before finishing college and gaining valuable work experience. My boss, on the other hand, was in a terrible mood that financially dark, historic […]