Reliable Information you can use … in an easy to understand format
The Economy Watch
February 11, 2009
Bannon & Co. monitors various media in efforts to best serve our clients.
It occurred to us that not everyone has the time to follow the tumultuous economic news as they would like.
These links to what strikes us as important and interesting perspectives about the economic situation and the legislation that is being addressed this week in Washington are offered for your consideration.
Bill Bannon
Stimulus's Winners and Losers
Home builders, new-car buyers and manufacturers are among the major winners in a $838 billion economic-rescue bill passed in the Senate Tuesday in this Wall Street Journal article.
Big Lessons in Finance From a Little Bank You've Never Heard Of
House Financial Services Committee probably would have learned more about the bailout if they'd left the big boys to wallow in their gilded bunkers and invited Kim Price up from Gastonia, N.C. according to Steven Pearlstein in the Washington Post.
Trillion Dollar Baby
Despite the touting, the Treasury chief unveiled a plan short on illumination, recrimination, fine points and foreclosure closure says Maureen Dowd.
To see how the downturn in the economy effected neighborhoods served by several community financial institutions, a Consumer Sentiment Study - A Local View was conducted by Bannon & Co. in November 2008.
A follow-up study of consumers' opinions, particularly regarding their financial intentions and the role community based financial institutions can play in meeting their financial goals is being planned after the specifics of the plan are signed into law.
Because the study is shared by a number of financial institutions, the cost to each participant is considerably lower than if the study was conducted individually..
Click here for more information on how a Consumer Sentiment Study in neighborhoods served by your institution can provide key information to refine marketing strategies.
