Volcano-Friendly Travel – Insurance and Pets
Posted by Cashzilla in featured, insurance on 19. Apr, 2010 | 5 Comments
With Eyjafjallajokull causing problems to global travel, questions are building as to where insurance comes in and what about the pets?
Goldman Sachs wings turned to ashes by SEC
Posted by Cashzilla in Uncategorized, banking on 19. Apr, 2010 | No Comments
Image via CrunchBase
Oh, how the mighty banks have fallen.
Since Goldman Sachs started around 80 years, the phrase ‘Long-term greedy’ which was used by Sidney Weinberg, who was managing partner during the 1930s through to the 1960s, has been a sort of guiding mantra. This ‘Long-term greedy’ attitude helped the company grow from being a simple unknown [...]
Kraft takeover of Cadbury bad news for jobs, fair trade and dino digestion
Posted by Cashzilla in Uncategorized, lifestyle on 19. Jan, 2010 | 1 Comment
Image via Wikipedia
Well it seems as though the deal is going through after management announced they would support the Kraft proposal to takeover Cadbury. This is despite comments by Gordon Brown and, the trade union, Unite’s warning that Kraft plans at least 10,000 job cuts worldwide to slash costs and repay the cash it [...]
Cheques RIP
Posted by Cashzilla in banking, web on 16. Dec, 2009 | 1 Comment
Cheques are to be phased out by October 2018 if adequate alternatives can be developed in time according to the latest announcement from the board of the UK Payments Council.
This announcement comes after 350 years of cheque usage, however because of the use of credit, debit and contactless payment cards, alongside online shopping and banking, [...]
Online pricing practices get OFT attention
Posted by Cashzilla in banking, credit cards, insurance on 15. Oct, 2009 | No Comments
It has just been announced that the Office of Fair Trading (OFT) will be investigating online pricing practices.
It’s been a long time coming and will lead to major changes for those seemingly ‘white knights’ of the finance world – the price comparison sites.
Image by –Tico– via Flickr
In the finance world, there is a little known [...]
Gio Compario takes on meerkats for GoCompare
Posted by Girdfossil in insurance on 18. Aug, 2009 | 3 Comments
GoCompare is due to make some changes to their advertising as a counter move to the success the meerkat campaign has had for Compare the Market.
The new ad will feature an opera singer called Gio Compario. The website gio-compario.com has been registered by GoCompare but, at the time of writing, isn’t currently in use.
The [...]
Anthem for doomed youth
Posted by Cashzilla in credit cards, housing, insurance, lifestyle on 13. Aug, 2009 | 1 Comment
Image via Wikipedia
It seems as though everything just keeps getting worse and worse for the 20 and 30 something generations.
As I look around at the economic landscape I just have to dispair these days. On the one hand the government suggests a bright future with great high paying jobs available for all graduates, and [...]
Quantitative easing the UAE way
Posted by Cashzilla in banking on 03. Aug, 2009 | No Comments
Now here is a trick which I am sure Gordon Brown would have loved to have known about a few months ago.
According to Al Arabiya, “Two men were arrested in Abu Dhabi for swindling a large number of people with claims they possessed ‘magic powder’ that doubled bank notes“.
It seems that these 2 ‘magicians’ [...]
Angry enough to withdraw $190,000 in $20 notes from his bank
Posted by Girdfossil in banking on 25. Jul, 2009 | No Comments
Huzzah huzzah for artist Roger Griffith. Roger isn’t a poor man. He has a gallery in New York City. He has NZ $190,000 in Westpac Bank who he had been with for 25 years.
When Roger came to ask for mortgage for a $385,000 property in Mapua the bank refused. On top of his NZ $190,000 [...]
Visa slaps teen with $23,148,855,308,184,500.00 bill for a prepaid card
Posted by Girdfossil in credit cards on 15. Jul, 2009 | No Comments
Interesting news stalwart Cory Doctorow at BoingBoing is to be thanked for bringing this to our attention. Visa have recorded a $23,148,855,308,184,500.00 charge on a prepaid card.
The Consumerist, who broke the story, point out that’s 2,000 times larger than America’s national debt of $11 trillion and that the ever-vigilant billing team at Visa remembered to add the $20 charge for being in the red. Yes; the card was also suspended.
Prepaid cards are an interesting idea. They work in a very similar way to credit or debit cards except you can only spend the balance that has been assigned to the card. In theory this means it is impossible to run in to debt (as there’s no overdraft option) and therefore ideal for giving to teenagers.
