Coloradoans swamped with debt
The number of Coloradoans enrolled in debt management contracts grew by more than 44 percent during 2009. Another 7,912 state residents enrolled in a credit counseling program, up 7.8 percent from the prior year, according to the state attorney general’s office. In his second annual report released today, Colorado Attorney General John [...]
This Time Different Calling Trough as NBER Sees Not Much Rebound
The panel of U.S. economists that calls the beginnings and ends of recessions may be a lot busier in the coming decade than it was in the past quarter century.
Read more on BusinessWeek
Need a loan? Improve your credit score to improve your chances
Your credit score may not actually run your life, but if you’re trying to secure a loan it can feel like that 3-digit number is calling the shots.Record low mortgage rates have a lot of people trying to take advantage of refinancing deals, but for [...]
Basel III vs Dodd-Frank on ratings agencies and risk weights
The disastrous twins, ratings agency credit ratings and RWAs (risk weighted assets), are still embedded in Basel III. Dodd-Frank does not like this much. The ratings agencies are still a big part of Basel III, though the December draft does allow for the alternative possibility of [...]
SouthPoint Federal Credit Union certified as the REAL Deal
SLEEPY EYE SouthPoint Federal has recently been certified as a REAL Deal credit union by the Minnesota Credit Union Network.
Read more on The New Ulm Journal
Do you know where most of your donation goes?
When Jason Birrittier started his own professional fundraisingcompany, it may have seemed natural that one of his clients was acharity supporting burn trauma centers for firefighters.
Read more on St. Louis Post-Dispatch
BCE’s Costs Increase as CTV Purchase Boosts Debt: Canada Credit
BCE Inc.’s plan to buy Canada’s largest television broadcaster for C$1.3 billion ($1.27 billion) is driving its borrowing costs higher and contributing to the worst month for the nation’s corporate bond market this year.
Read more on BusinessWeek
Stocks Climb on China Output, Basel Requirements; Dollar Drops
Stocks climbed, sending the Standard & Poor’s 500 Index higher for 2010, and the dollar weakened after China’s industrial output surged and regulators gave banks as much as eight years to meet capital requirements.
Read more on BusinessWeek
Dubai World in formal debt deal with creditors
Firm well-positioned to close restructuring in weeks. 10 Sep 2010 8:31 PM
Read more on Business Spectator
Stocks continue rally as European debt worries ease
Stocks resumed their rally Wednesday as investors brushed off fresh worries about the health of European banks.
Read more on New York Daily News