Check 21: As of today, checks won&#39;t float
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News Editor. It&#39;s Thursday and for many, that&#39;s one day short of payday. But before San Marcos residents who find themselves on a tight paycheck-to-paycheck budget write a check this afternoon
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Changes are bringing Americans closer to a checkless society -- changes that could be costly if you aren&#39;t careful. The first checks in the United States were
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Did you see Alan Greenspan on 60 Minutes tonight?  What a revelation, one of the most powerful political and economic forces, but until now, basically silent. There were so many interesting things in the interview, but one of them left me with an urgent action item. Lesley Stahl, the interviewer, asked what currency he got the advance on his book in? He said it didn't matter, because he could convert to whatever currency he wanted, begging the question. She pressed, and he volunteered that the best choice is to be diversified. Which of course is a conclusion every money manager would reach on their own, it's just like stocks and bonds, you never want to have all your eggs in one basket, the best strategy is to be diversified.  I've wanted to be diversified in currency for quite some time, but have found it's not so easy. I have an investment account and a checking account, both are in US dollars, and neither offers the option of anything other than that. I just spent a couple of hours with Google trying to figure out where I could open an account that would allow me to keep cash in euros, yen, yuan, dollars (Canadian, US, Australian or New Zealand), pounds, or... ? I found that I could become a currency trader, which is absolutely not what I want. What I'd like is something like a mutual fund for currency. Or failing that, a certificate of deposit that allowed me to specify what currency it would be in.  So I thought I'd ask the smartest people I know, the readers of this blog. Do you keep your savings in more than one currency? Is there an online bank that does this well, one that a US citizen can use (that is, it sends 1099's to the IRS). Any ideas would be much appreciated.
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Horace Small knows it's a bad idea to write checks without enough money in the bank to cover them. But with property taxes and car insurance making huge dents in his income, the neighborhood organizer occasionally relies on the &quot;float&quot; -- the two or three days it takes for checks to clear -- to juggle all of his payments.
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According to this posting on the SecWatch board today, there are some issues with the CJ Tag Board software that allow for code injection issues.   Multiple input validation vulnerabilities in CJ Tag Board have been reported, which can be exploited by remote users to compromise a vulnerable system.   The issue comes from improperly filtered user input for the "User-Agent" HTTP header and the "banned" parameter for the admin side. This issue effects CJ Tag Board version 3.0. No update or patch has been posted as of yet to correct this issue.
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U.S. News & World Report - You know the &quot;five-second rule,&quot; the one that says you can eat food dropped on the ground for five seconds and it&#39;s still good. Well, maybe, there&#39;s a five-day rule for presidential candidates. Maybe Fred Thompson can still drop right back out of the presidential race--no harm, no foul. Today&#39;s job numbers were that bad for Republicans and that good for Democrats. I mean, if you&#39;re a political junkie who likes to bet a few sawbucks now and then, it might be time to snag a few &quot;Democratic Party Candidate to Win 2008 Presidential Election&quot; contracts over at the TradeSports online betting site.  ...
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In the event of a takeover, please cash this cheque...
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SAN FRANCISCO (CBS.MW) - The Check Clearing Act for the 21st Century, or Check 21, goes into effect this Thursday without a visible hitch.
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Brownwood Bulletin. &quot;Check 21,&quot; a federal law allowing the nation&#39;s banks to more efficiently process paper checks electronically, went into effect Thursday, but three Brownwood bankers said
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Are you used to getting a fat envelope from your bank with all your canceled checks? Well, soon those checks may not be in the mail.
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Reposted in the queue as it's impossible or at least very complicated to move it as I asked (although the post where aphrael said such thing disappeared so perhaps this is not the case after all - another minor K5 mystery).  The original discussion can be found here (read it as there are some clarifications by rusty). All right, here is the (adapted) diary. Rusty posted a comment in the diary entitled "Would you pay 10USD for K5 Life Membership?" saying that K5 will become a pay site once new user registrations will be reactivated: "I was thinking $5.00 (none / 0) (#18) by rusty on Thu Sep 06, 2007 at 04:42:15 PM CET But it would actually be charged. That plus a hash of the identifying CC info so you only get one account ever, and I think we'd either shrivel up to nothing and die, or solve the spamming and crapflooding issues. Funny that someone else is thinking about this right now. It'll probably happen before I turn new signups back on." This of course begs the question: HIBT? If so I'll bite (see some considerations under the fold).
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On Thursday, banks will begin implementing the Check Clearing for the 21st Century Act, better known as Check 21. The law is designed to speed up the processing of many of the 40 billion checks written each year.
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l Easier to bounce checks: Checks consumers write that used to take up to five days to clear will be debited from their accounts in just hours.
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It is not exactly illegal now, but &quot;floating&quot; a check could get students into trouble much sooner since Oct. 27. The Check Clearing for the 21st Century Act revolutionized the way American banks process paper
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Soon you will be able to deposit checks by scanning them at home and sending them electronically to your bank. No need to visit a branch or even an ATM.
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It looks like the U.S. Mint has struck again &#151; or not struck again, depending on how you look at it. New dollar coins featuring John Adams are missing edge inscriptions including "In God We Trust," according to the Professional Coin Grading Service, a rare coin authentication company based in Newport Beach, Calif.
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WASHINGTON -- A new $50 bill with touches of red, blue and yellow will show up soon in banks, cash registers and wallets. A new $10 also is in the works, the third greenback to get colorized in an effort to thwart counterfeiting.