This might be the best thing I’ve seen in a while:
A reply from CEO of J.P. Morgan to a pretty girl seeking a rich husband
A young and pretty lady posted this on a popular forum:
Title: What should I do to marry a rich guy?
I’m going to be honest of what I’m going to say here.
In the impoverished countryside of Ethiopia, the village of Awra Amba stands out. This bustling community has grown wealthier than its neighbors by questioning tenets of local culture.
Coffee maker Nespresso is to buy coffee from the poverty-wracked fledgling state of South Sudan to expand supplies from sustainable sources, brand frontman George Clooney said on Tuesday.
“There is a real opportunity here,” the Hollywood star told a press…
Ibrahim El-Salahi is a world renowned artist who is virtually unknown in his own country. What a shame.
This week, I had the pleasure of attending a special event commemorating the launch of his autobiography, A Fistful of Sand. I wouldn’t have known about it had it not been for my…
While other financial and insurance companies flirted with collapse, USAA’s net worth grew from $14.6 billion in 2008 to $19.3 billion in 2011. And it has continued lending money while other banks have tightened their loan operations despite billions in government funding to encourage liquidity. It has a free checking account, has been at the forefront of electronic banking, and reimburses up to $15 in other banks’ ATM fees. Its credit rates are 43 percent lower than the national average.
The firm’s structure is one of its most interesting attributes. Unlike nearly every other Fortune 500 company, USAA is not a corporation. It is an inter-insurance exchange made up of the people who have taken out policies with the firm. As a group, they are insured by each other and simultaneously own the company’s assets. Instead of paying stockholders, USAA distributes its profits to its members. In 2010, it distributed $1.3 billion.
|—||In the Era of Greed, Meet America’s Good Bank: USAA - David Rohde - Business - The Atlantic (via parkparadigm)|