The Atlanta Business Chronicle named Iron Capital Advisors’ Managing Director, Chuck Osborne, as one of Atlanta’s Top 100 “Who’s Who in Finance” for 2010, marking the second consecutive year Osborne has made the list.
Read the article.
Q: My bank was among those told to raise additional capital. Are my deposits at risk?
The Federal Deposit Insurance Corp. guarantees your deposits and some bank-issued retirement accounts up to $250,000. If your bank participates in the FDIC’s Temporary Liquidity Guarantee Program, your non-interest-bearing and low-interest-bearing accounts (earning less than half a percent) will have unlimited FDIC coverage.
The question is: How long will investors remain patient with that mantra? Sure, the United States is in the worst economic downturn since the Great Depression, and many sectors — banking and automotive to name two — are under pressure to eke out a profit in a global recession.
You might say the stock market crash of ‘87 was a test run for Charles E. Osborne. Then a college student at Wake Forest University, he had to manage a mock investment portfolio as part of an economics class project.