More Money Wednesday Roundup: Bankers' Botched Deal & Free College Credits
Personal finance from around the Web:
- Oh, the irony! The Mortgage Bankers Association sold its DC headquarters at a $38 million loss after the property suffered a huge decline in value. [Guardian]
- Despite improved performance in recent months, Citigroup and Bank of America are still in the in the hot seat. S&P might downgrade the lenders' credit ratings over the next six months to two years. [Financial Times]
- Congress has opened an investigation into rate increases at California for-profit health insurer Anthem Blue Cross. Some of Anthem's estimated 800,000 customers with individual health insurance policies are being told their premiums will jump a whopping 39% in March. [Los Angeles Times]
- Adding to the coupon-clipping revival, a website called ShortCuts.com allows consumers to add grocery coupons to credit cards before they go shopping, enabling the discounts to be automatically applied at checkout. [Digerati Life]
- With tax season just around the corner, start thinking about how to make the most of your property. Unfortunately, donating vacation homes to charity doesn't give you a tax deduction. Of course, you could do an energy audit to earn a tax credit. [WalletPop | MSN Smart Spending]
- While college tuition is still on the rise, students can take advantage of something cheaper -- a Post Secondary Education Option, which enables high-schoolers to get college credit for little or no money. [The Financial Student]
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