Meet the guy who is half a billion dollars richer than Bill Gates.

His name is Carlos Slim Helu and he is a Mexican engineer, entrepreneur and philanthropist who is mainly invested in the telecommunications industry. He controls Teléfonos de México (Telmex), Telcel and América Móvil. Can’t Americans be first at ANYTHING anymore? We don’t even have the most stuff? What are we good for?  Just kidding.

Good News Bad News. B of A Edition.

The good news is that Bank of America is ending overdraft charges. The bad news is that if you overcharge your debit account and don’t have overdraft protection, you purchase will simply be declined. If you have overdraft protection you will be advised about the potential of being charged an overdraft fee if the purchase (or ATM withdrawal) is processed. Oh, and by the way, this is only on debit card purchases. Automatic withdrawals will still be subject to the fees. So that’s good news, bad news, bad news?