---
title: 'More Money Friday Roundup: Spirit CEO Speaks & Fannie Execs Surprised'
description: 'Personal finance from around the Web: Spirit Airlines CEO Ben Baldanza explains the rationale behind charging for checked bags. He says Spirit''s business model is…'
authors:
  - name: timestaff
    url: https://money.com/author/timestaff/
    articles: 459
    covers:
      - Banking
      - Career Advice
      - Credit
      - Credit Cards
      - Housing
      - Identity Theft
      - Insurance
      - Investing
      - Lifestyle
      - Loans
      - Mortgages
      - Personal Finance
      - Professional Services
      - Retirement
      - Shopping
      - Taxes
    former_staff: true
published: '2010-04-09T23:32:43.000Z'
modified: '2010-04-09T23:32:43.000Z'
section: Business
tags:
  - charging checked bags
  - cruise ships
  - cruise wedding
  - fannie mae
  - global securities market
  - home prices
  - home purchases
  - housing bubble
  - individual investors
  - invest in stock
  - joint equity transactions
  - Personal Finance
  - Spirit Airlines
word_count: 164
canonical: https://money.com/more-money-friday-roundup-spirit-ceo-speaks-fannie-execs-surprised/
type: Article
source: structured-blocks
---

> **Disclosure:** We research all brands listed and may earn a fee from our partners. Research and financial considerations may influence how brands are displayed. Not all brands are included. [Learn more](https://money.com/page/disclaimer/).

![More Money Friday Roundup: Spirit CEO Speaks & Fannie Execs Surprised](https://money.com/content.money.com/wp-content/uploads/2014/06/140601_money_gen_13.jpg?crop=0px%2C733px%2C4780px%2C2689px&resize=1012%2C569&quality=85&strip&ssl=1)

Personal finance from around the Web:

-   Spirit Airlines CEO Ben Baldanza explains the [rationale behind charging for checked bags](http://www.elliott.org/blog/spirits-baldanza-the-basis-for-this-new-fee-was-founded-in-improved-customer-service/#more-11667). He says Spirit's business model is fundamentally "customer friendly." \[Elliot\]

-   Home owners apparently were not the only ones caught off guard when home prices began to fall as the housing bubble burst. Former Fannie Mae executives tell Congress that plummeting prices consistently surprised them as well. \[Associated Press\]

-   Are cruise ship nuptials the new destination weddings? The [cruise industry has seen a 60% increase in couples tying the knot](http://www.nytimes.com/2010/04/11/travel/11pracwed.html?ref=travel) on board as they look for ways to trim wedding and honeymoon costs. \[The New York Times\]

-   Individual [investors are not investing in stocks for retirement like they used to](http://www.cnbc.com/id/36315756), says Wall Street veteran Muriel Siebert. She doesn't think they'll return until they see further regulation of the global securities market. \[CNBC.com\]

-   One blogger makes an interesting argument that consumers and banks should [forget about mortgages and try joint equity transactions to finance home purchases](http://weakonomics.com/2010/04/09/home-equity-not-loans-were-talking-shareholders/). \[Weakonomics\]

```json
{
  "@context": "https://schema.org",
  "@graph": [
    {
      "@type": "BreadcrumbList",
      "@id": "https://money.com/more-money-friday-roundup-spirit-ceo-speaks-fannie-execs-surprised/#breadcrumb",
      "itemListElement": [
        {
          "@type": "ListItem",
          "position": 1,
          "name": "Home",
          "item": "https://money.com"
        },
        {
          "@type": "ListItem",
          "position": 2,
          "name": "Business",
          "item": "https://money.com/business/"
        },
        {
          "@type": "ListItem",
          "position": 3,
          "name": "Small Business",
          "item": "https://money.com/small-business/"
        },
        {
          "@type": "ListItem",
          "position": 4,
          "name": "More Money Friday Roundup: Spirit CEO Speaks & Fannie Execs Surprised"
        }
      ]
    },
    {
      "@type": "WebSite",
      "@id": "https://money.com/#website",
      "url": "https://money.com",
      "name": "Money",
      "publisher": {
        "@id": "https://money.com/#organization"
      }
    },
    {
      "@type": "WebPage",
      "@id": "https://money.com/more-money-friday-roundup-spirit-ceo-speaks-fannie-execs-surprised/#webpage",
      "url": "https://money.com/more-money-friday-roundup-spirit-ceo-speaks-fannie-execs-surprised/",
      "name": "More Money Friday Roundup: Spirit CEO Speaks & Fannie Execs Surprised",
      "isPartOf": {
        "@id": "https://money.com/#website"
      },
      "datePublished": "2010-04-09T23:32:43.000Z",
      "mainEntity": {
        "@id": "https://money.com/more-money-friday-roundup-spirit-ceo-speaks-fannie-execs-surprised/"
      },
      "inLanguage": "en-US",
      "breadcrumb": {
        "@id": "https://money.com/more-money-friday-roundup-spirit-ceo-speaks-fannie-execs-surprised/#breadcrumb"
      },
      "dateModified": "2010-04-09T23:32:43.000Z"
    },
    {
      "@type": "Article",
      "headline": "More Money Friday Roundup: Spirit CEO Speaks & Fannie Execs Surprised",
      "articleSection": "Business",
      "image": [
        {
          "@type": "ImageObject",
          "url": "https://img.money.com/2014/06/140601_money_gen_13.jpg?quality=85",
          "width": 4780,
          "height": 3540
        }
      ],
      "author": [
        {
          "@type": "Person",
          "name": "timestaff",
          "url": "https://money.com/author/timestaff/",
          "@id": "https://money.com/author/timestaff/#author"
        }
      ],
      "publisher": "https://money.com/#organization",
      "datePublished": "2010-04-09T23:32:43.000Z",
      "description": "Personal finance from around the Web: Spirit Airlines CEO Ben Baldanza explains the rationale behind charging for checked bags. He says Spirit's business model is…",
      "abstract": "Personal finance from around the Web: Spirit Airlines CEO Ben Baldanza explains the rationale behind charging for checked bags. He says Spirit's business model is…",
      "@id": "https://money.com/more-money-friday-roundup-spirit-ceo-speaks-fannie-execs-surprised/",
      "inLanguage": "en-US",
      "dateModified": "2010-04-09T23:32:43.000Z",
      "wordCount": 164,
      "keywords": [
        "charging checked bags",
        "cruise ships",
        "cruise wedding",
        "fannie mae",
        "global securities market",
        "home prices",
        "home purchases",
        "housing bubble",
        "individual investors",
        "invest in stock",
        "joint equity transactions",
        "Personal Finance",
        "Spirit Airlines"
      ],
      "about": [
        {
          "@type": "Thing",
          "name": "Business",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Business"
          ]
        },
        {
          "@type": "Thing",
          "name": "Small business",
          "sameAs": [
            "https://en.wikipedia.org/wiki/Small_business"
          ]
        }
      ]
    }
  ]
}
```