My Favorite Banking Blog

My favorite banking blog

Just before the most recent economic crisis hit the public consciousness and nearly caused an international nervous breakdown, an event occurred that caught the attention of economic pundits, and internet entrepreneurs alike. That event was the sale of the Word Press Blog Bankaholic.com to Bankrate.com for a tidy little sum of 15 million dollars.

What was most impressive about this, was the fact that the blog was a single writer Word Press blog, which demonstrated the potential power of a single focus blog by a single committed person! Johns Wu, a 23 year old college student started the blog because he liked banking. He developed the blog into one of the most read resources in the banking industry, and had gained very high position in the search market for key words like CD, and now he is setting on a nice little bank roll of his own.

Check it out at Bankaholic.com I just hope he didn’t invest any of that money in hedge funds, real estate or stocks!