Money Matters - Simplified


Student hacktivist convicted for “Anonymous” cyber attacks!!

A key member of the notorious web hacker group “Anonymous” has been found guilty of carrying out cyber attacks on some of the world’s leading companies.

MasterCard, Visa ink $6bn settlement with retailers

Merrymaking moment finally makes way to merchants in US! MasterCard, Visa and leading banks ran into an agreement late Friday to resolve a long-running legal feud with retailers over the fees charged on retail stores for accepting credit cards.

1 to Watch, 1 to Sell, 1 to Buy?

What companies are tomorrow's big winners? In our ongoing series, I'm chatting with members of our team at Fool HQ to discover the stocks on their watchlists. (For your convenience, you can now create your own watchlist for free at, giving you all the information you want on the companies you care most about in one spot; just go to to get started).

The Fed Drops a Bomb on the Debit Card Market

Visa (NYSE: V) and MasterCard (NYSE: MA) plunged more than 10% last week, after the Federal Reserve proposed limiting debit-card interchange fees to between $0.07 and $0.12 per transaction -- more than 80% below what's currently charged.

Bank of America Bans WikiLeaks Transactions

Bank of America (NYSE: BAC) has banned transactions to whistle-blower site WikiLeaks since Friday, according to media reports. The Obama Administration earlier urged financial organizations to sever ties with the site for illegally releasing confidential US diplomatic cables. 

This Week's 5 Dumbest Stock Moves

 Stupidity is contagious. It gets us all from time to time. Even respectable companies can catch it. As I do every week, let's take a look at five dumb financial events this week that may make your head spin.


This Just In: Upgrades and Downgrades

 At The Motley Fool, we poke plenty of fun at Wall Street analysts and their endless cycle of upgrades, downgrades, and "initiating coverage at neutral." So you might think we'd be the last people to give virtual ink to such "news." And we would be -- if that were all we were doing.


U.S. firms fend off cyber-attacks

New York -- Cyber attackers brashly said they were aiming to disrupt, but not disable, U.S. company Web sites to protest recent treatment of Internet firm WikiLeaks.

"We do not want to steal your personal information or credit card numbers. We do not seek to attack critical infrastructure of companies such as MasterCard, Visa, PayPal or Amazon," said an online posting by a group called Anonymous, The Wall Street Journal reported Saturday.

"Our current goal is to raise awareness about WikiLeaks and the underhanded methods employed by the above companies to impair WikiLeaks' ability to function," the posting said.

Aftermath of WikiLeaks Takedown: Operation Payback

 After WikiLeaks released thousands of diplomatic cables, companies began distancing themselves from the controversial site. Banks and payment processors such aseBay's (Nasdaq: EBAY) PayPal among others began cutting ties to the organization, denying users the ability to donate to the site, and the site's Web hosting provider, AMZN), decided WikiLeaks had violated its terms of service, and it stopped hosting the site.


This Company Is Unbeatable

 All I want in life is an unfair advantage. I'm not sure who first said that maxim, but it's one of the keys to successful investing. Companies with unfair advantages are some of the best investments you can ever make. Some unfair advantages stem from government actions, such as the virtually unlimited free money that banks now receive. Other companies' unfair advantages have been built up over many years of being in business, or within the impenetrable niche a company has learned to dominate.