Archive for March, 2009
Tuesday, March 31st, 2009
Reuters - Years of inaction dramatically raised the economic costs of the U.S. financial crisis, highlighting the need for a new approach, a top Federal Reserve policy-maker said on Tuesday.Source:Stern says inaction raised financial crisis costs
(Reuters)
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Tuesday, March 31st, 2009
AP - The Obama administration aimed squarely at the crisis clogging the nation's credit system Monday with a plan to take over up to $1 trillion in sour mortgage securities with the help of private investors.Source:Dow jumps as White House moves on bad bank assets
(AP)
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Tuesday, March 31st, 2009
Your net worth is your assets minus your liabilities. Liabilities are debts. The more debts you owe, the lower your net worth will be. Plus whenever you have debts, you also pay for the interest, that’s why you lose more.
For practical reasons, it’s understandable why people sign up for ...
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Tuesday, March 31st, 2009
Reuters - A senior Democratic lawmaker on Monday asked the Federal Reserve and Bank of America Corp for details on bonuses that were paid to Merrill Lynch executives weeks before the government brokered the bank's $25 billion acquisition of Merrill.Source:Democrat asks Fed, BofA about Merrill bonuses
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Tuesday, March 31st, 2009
Reuters - The regulator of U.S. government-controlled Fannie Mae and Freddie Mac is looking at ways the two firms might help finance small mortgage banks hobbled by a dearth of credit, the Wall Street Journal reported.Source:Regulators see new role for Fannie, Freddie: report
(Reuters)
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Tuesday, March 31st, 2009
Counseling Practices for Christian Debt ReliefThe term Christian debt relief can be misleading simply because it warrants debt relief for Christians only. Christian debt relief practices are actually based on age old Biblical connotations and hence, are all in good faith having the best interests of the customer in mind, ...
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Tuesday, March 31st, 2009
An individual normally invests in order to revolve around bonds, stocks and even real estate. But in reality, there are so many alternative investment plans around. A good investor should be open-minded and consider some of the alternative investing ideas. Basically, alternative investing is when you put your money into ...
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Monday, March 30th, 2009
Debt relief programs can be of great value to a person seeking to rid himself of an enormous debt "backlog." The value of such programs have been demonstrated time and again by people whose financial lives have been changed for the better.The help available through a debt relief program can ...
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Monday, March 30th, 2009
Reuters - President Barack Obama said in an interview published on Sunday that leaders of the G20 major global economies should send "a strong message of unity" on confronting the world financial crisis when they meet this week.Source:Obama seeks strong message of unity at G20: report
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Monday, March 30th, 2009
Reuters - The U.S. Federal Trade Commission (FTC) will use new authority to bar lending practices by mortgage brokers who have deceived borrowers, Bloomberg said, citing the FTC's chairman.Source:FTC to curb mortgage-lending abuse: report
(Reuters)
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