Oklahoma banks warned about 2nd Amendment audits
Bankers in Oklahoma are preparing to be tested on their policies related to First and Second Amendment rights.
View ArticleMedical marijuana rules taking shape
A bill establishing regulations that will affect users and sellers of medical marijuana in Oklahoma passed a Senate rules committee on Tuesday and may be fast-tracked for a vote by the entire Senate as...
View ArticleBanks seek affirmation to serve medical marijuana businesses
Oklahoma bankers are frustrated that it’s taking so long for federal legislation to catch up to state laws on marijuana, Oklahoma Bankers Association President Roger Beverage said.
View ArticleHigh Plains and State Guaranty look to merge banks
High Plains Bank in the Panhandle of Oklahoma is seeking approval by the State Banking Board to merge with another rural community bank, officials said.
View ArticleFinally…A Good Old Fashioned Bidding War!
This past April, rental car giant #2, Hertz (NYSE: HTZ) offered to buyout Tulsa-based Dollar Thrifty Automotive Group (NYSE: DTG) for $41 per share (as of today with an approximate 35% decline in...
View ArticlePossible Lessons Learned from Hertz?
As we all wait for the “smoke to clear” and in anticipation the next chapter of the possible Dollar Thrifty (NYSE: DTG) takeover process to unfold sometime in the coming weeks and months, let’s take a...
View ArticleHalloween Economics
All day today (Sunday, October 31, 2010), we ran around town trying to convert what was going to be a Darth Vader costume Halloween to an Indiana Jones one as both of my boys (ages 5 and 7) decided at...
View ArticleThe Elections Are Over…Time for IRA Tax Planning
Election night has concluded and there has been a lot of change; of course, none of it will take effect until early 2011 so now your attention can turn to end of the year (2010) tax planning. One area...
View ArticleAP impact: Bypassing county fees may cost banks
It used to be that every time a bank sold a mortgage, the county land recording office received a fee. It wasn’t much – $30 or so – but then real estate boomed in the 1990s and banks pooled millions...
View ArticleThe Dirty, Little-Known GM IPO Secret
Amongst all of the hoopla surrounding the General Motors (NYSE: GM) initial public offering (IPO) yesterday when its new shares were priced at $33.00 per share and today when the shares began trading...
View ArticleThe Economics of Snow
Snow. Need I say more? I would venture to say that most all of us have been hugely impacted by snow the last two weeks as the state of Oklahoma (and more than half of the country) was blasted by a...
View ArticleRelief and Reality
It was a week ago tonight that we all heard (or read) the words that seemed virtually impossible as each day consistently came and went following the terrorist attacks on the U.S. on 9/11: “Osama bin...
View ArticleThe Reason Hertz Is Back In Pursuit of Dollar Thrifty
Earlier this week, Hertz (NYSE: HTZ) came out of nowhere to make a surprising counter-offer for Tulsa-based Dollar Thrifty (NYSE: DTG) just weeks after its CEO scoffed at a suggestion that they might...
View ArticleChina Declares War on the USA?!
Yesterday, according to The Wall Street Journal, “the Pentagon sent a warning to nations considering engaging the U.S. in cyber-warfare and concluded that attacks coming from another country can...
View ArticleThe Economics of Father’s Day
Today was Father’s Day. It was a good day! I took my boys fishing and swimming at Tenkiller Lake and we had an outstanding day!! For my special day, I received two hilarious cards and a new ice chest;...
View ArticleAre Syntroleum Shareholders Riding High on Chicken Fat?
Two questions: are Syntroleum (Nasdaq: SYNM) shareholders riding high on chicken fat? After yesterday, the answer is unequivocably, NO! Were Syntroleum shareholders previously riding high on chicken...
View Article[The Markets Blog] To Blog or Not to Blog…
I just checked my last blog post….it is dated July 25, 2011. Yikes! How time flies!?! Unfortunately, the U.S. and global financial markets have been putting on quite a show of extreme volatility and...
View Article[corporate finance blog] Honor Thy Banks and Creditors – It’s Good for Business.
In the last year, huge numbers of loans were refinanced on the back of competition among lenders to sell money and attractive loan pricing. As a result, many CFOs have now refinanced, put their loan...
View Article[The Markets] At Last, U.S. Stocks Have Disconnected from Europe!!
When I arrived to the office this morning about an hour before the U.S. stock market opened, I was fearful that we might be in for a “deja vu” kind of day involving Europe’s bad news raining on the...
View ArticleBanks receive guidance on dealing with pot businesses
The federal government provided guidance Friday to make it easier for banks to serve marijuana businesses in states where selling the drug is now legal.
View ArticleRoofers say bank scrutiny would cut overhead
Roofers aren’t satisfied with the results of the Legislature’s interim study on delayed check processing in the industry, Crossroads Roofing Supply owner Lisa Curtis said.
View ArticleBudget relief found with state bank charters
The Oklahoma Banking Department’s examination responsibilities grew by two more banks and a trust in 2017 as those financial institutes converted from federal to state charters.
View ArticleLocal institutions unlikely to follow Citibank’s lead on guns
Citigroup Inc.’s financial unit on March 21 issued a statement condemning gun violence and shaming lawmakers for not doing enough.
View ArticleBanks leery of marijuana money
Proceeds could expose banks to money-laundering charges.
View ArticleBanks seek answers for marijuana-related business customers
The legal environment of MRBs, or marijuana-related businesses, is so murky now that bank executives feel they’re in an impossible position.
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