Monthly Archives: March 2009

FDIC unfunded for 10 years

Seriously. This is bullshit. Full stop.

WASHINGTON - The federal agency that insures bank deposits, which is asking for emergency powers to borrow up to $500 billion to take over failed banks, is facing a potential major shortfall in part because it collected no insurance premiums from most banks from 1996 to 2006.
The Federal [...]

Small Business Accounting Software

I’d define small business as a company with only a handful of employees that manages payroll internally and less than $1 million in net income.
With that in mind, I have been looking for any accounting software I can find. Sadly, the contenders are all the usual suspects, offerings by Intuit, Sage, and Microsoft. [...]