CornerCap Blog


New Procedure for Money Movement Requests

  CornerCap is implementing a new procedure that requires verbal verification for money movement requests. Headlines occur all too frequently describing how a company has been hacked or a fraudster...

Comment on Today’s Market Volatility

Within five minutes of the market opening this morning, the S&P 500 had sold off almost 104 points, or 5.27%.  After an active trading session, the S&P 500 closed down 77.68 points or 3.94...
China Image

China: Implications of the Stock Market Crash

After climbing 150%-200% over the past year, China’s various stock market indices plummeted as much as 40% in less than four weeks this summer. Some quick observations: Yes, Bubble! Chinese stocks...
Debt Snapshot by Country

Greece and the EU: Update on Current Status

While the daily drama unfolds in unpredictable ways, the big picture about Greece is that its economy is not structured to support its national debt. That means to us that a Greek default is...