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Saturday, January 26, 2008

Bad News

It's been a rough couple of weeks. Firstly the sidewalk booty has been at a minimum, this may be because of the time of year though I have not got enough data history to determine if the rate of cash drop is seasonal. In the last couple of weeks I only have a couple of penny finds to my credit. (40° 43' 05.78"N, 74° 02' 04.50"W) and (40° 43' 08.75"N, 74° 02' 05.71"W).

Secondly the French Bank SocGen had a fraudulent trader rack up a $7.1Billion loss, and during the liquidation of their position they pushed Stock markets around the world down 5%. With the U.S. economy looking weak the Federal Reserve Chairman Bernanke blinked and slashed the Fed Funds rate by 0.75%. All this has led to a drop in the interest rate I will receive once I have got the required 50 cents to deposit, but at this rate of finding interest rates may be on the rise again by then!

-Luke Sidewalker
-Current balance: $0.13

Saturday, January 5, 2008

For the Purist

It may have only been a penny, but I found it in a bank on top of an ATM machine. A true find for the purist I think you'll agree!
( 40° 43' 57.77" N, 74° 02' 19.96" W)

-Luke Sidewalker
Current Balance: $0.11

Wednesday, January 2, 2008

Here we go.

What a start! I would have been content with the standard penny, but my first find was none other than a dime (40° 43' 08.03" N, 74° 02' 03.37" W) we are off and running! My initial jubilation has been tempered somewhat by the fact that when I went to open the online savings account there is a 50 cent minimum. So until I can locate another 40 cents my burgeoning fortune is at the mercy of inflation. All eyes to to the floor.

-Luke Sidewalker
Current Balance: $0.10
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