Guest post by Dale Gunther A little over a month ago, JP Morgan Chase CEO Jamie Dimon announced a $2 billion trading loss. The cause? Complex derivatives on credit default swaps—the same instruments that were a major cause of the … Continue reading
Guest post by Dale Gunther, Vice Chairman of the Board, People’s Utah Bancorp When the economy was hard hit in late 2008, consumers began to worry about their future. With unemployment rising and investments faltering, many began to get serious … Continue reading
Government-sponsored enterprises Freddie Mac and Fannie Mae both recently announced expanded forbearance programs for unemployed homeowners that cannot afford mortgage payments. Beginning February 1, 2012, Freddie Mac is giving mortgage servicers the authority to offer up to one year of … Continue reading
Guest post by Dale Gunther I recently read this excerpt from Time magazine: “The U.S. economy remains almost comatose. The slump already ranks as the longest period of sustained weakness since the Depression. The economy is staggering under many ‘structural’ … Continue reading
Guest post by Dale Gunther If anything is true about history, it is that it repeats itself. And just like the Great Depression in the ‘30s and the 10 economic downturns since then, this recession will come to an end. … Continue reading
Despite the angst against banks that has been seemingly rampant as reported by media, there is one segment of the population that is satisfied with their banks: small businesses. A J.D. Power and Associates report released a few weeks ago … Continue reading
As many of the nation’s consumers consider switching banks, Bank of American Fork is reminding them that now is a good time to join the “go local” movement by banking with their local community bank. By doing so, consumers will … Continue reading
CEObuilder Forum: The Art of Highly Effective Negotiation Presented Katie Liljenquist, assistant professor at BYU’s Marriott School of Management Wednesday, Nov. 16, 2011 Event details are as followed: 8:30 a.m. to 12 noon – Presentation 12 noon to 1 p.m. … Continue reading
Guest post by Soltis Investment Advisors In recent years of dramatic market swings, the need for managing risk has become more apparent than ever to investors. Many of the world’s most prominent investors have long advocated that appropriately handling risk … Continue reading
The answer is a resounding YES. You’ve probably heard that banks have tightened credit and are hoarding cash, that they aren’t lending and small businesses are suffering because of it. Nothing could be further from the truth. While it’s true … Continue reading
