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Working on paying off debt? common knowledge....
First off, I'm gonna put a plug out there for John Commuta. He created the Transforming Debt Into Wealth system for people that are in debt. The program is spendy but is well worth the money. If you are going to purchase it, think of your current bills first and see if you...
Subprime Crisis Part Two Coming Soon
Here we go again. The Credit Crisis is NOT OVER! and is only being exacerbated by US policy aimed to aggravate it further. This time, however, the federal taxpayer will be on the hook to bail out the government."The center of this new impending subprime crisis is the FHA... Recovery is here?
Even as various analyst and economists are falling head over heels with claims of economic recovery having started, Friday night marked the tally of US failed banks crossing 100. The number of banks which had... 95th Bank Failure Due to Rising Georgia Foreclosure Homes
The unabated increase in the number of Georgia foreclosure homes and loan defaults has been blamed for the shutdown of Georgian Bank. The bank closing is the 95th case in the United States for this year. " The...July 2: FDIC Closes Seven US Banks, List of Closures
The FDIC (Federal Deposit Insurance Corporation) closed seven U.S banks on July 2nd, and all of them have been closed without notice to the public. This brings the list of bank failures this year up to 52.This is the most bank failures in one day. A complete list of FDIC Bank... Trouble ahead for the Obama Administration: FDIC RIP
We've sure heard alot about change. Peer hard into the dark slot of a piggy bank and you will see it. Protected by the pig, this is the change you've been saving up for months. Now, remove the... Former FDIC Chairman Bill Seidman dies at 88
The former FDIC Chairman and CNBC Chief Commentator, William 'Bill' Seidman has died at the age of 88 in Albuquerque, after a bout of illness. His family had the following to say about their loved one: ""Our... Did the Senator Benefit From Foreclosure Properties?
The FDIC’s selection of CB Richard Ellis to sell its foreclosure properties has been questioned as the firm is headed by the husband of Senator Dianne Feinstein, who introduced a bill that seeks to allocate $25... Attorneys General's Probes Reveal AIG's Boundless Greed
In light of the fact that Wall Street, over the years, has a habit of paying big bonuses even when the companies are reporting large losses. By the same token, in the recent years, state attorneys general have been... President Obama & NY Attorney General Cuomo Outraged by AIG
""Taxpayers of this company are now supporting AIG, and they deserve at the very least to know how their money is being spent." Andrew Cuomo, New York Attorney General. " When word got out that AIG, the failed... Will Allowing Banks to Fail Reduce Foreclosure Homes?
Allow banks to fail. That is what Republican Senators Richard Shelby of Alabama and John McCain of Arizona suggested even if it means shareholders will also suffer as a consequence. " Allowing some big troubled banks to close and funneling the relief funds to the housing...Obama’s Foreclosure Crisis Plan Includes Backing Loans
The administration of President Barack Obama is planning the biggest attempt yet in battling foreclosures as a component of a three-extended strike on the financial crisis which also intends at restarting business...Congress Gears Up Two Foreclosure Prevention Bills
Congress has been readying two foreclosure prevention bills to be presented to Barack Obama during his first working days as president in January. " One of the bills would allocate at least $40 billion from the second half of the $370 billion Troubled Asset Relief Program... Paulson Among Buyers of Failed IndyMac Bank
The FDIC issued a news release Friday to let the world known the agency’s board had approved a letter of intent to sell IndyMac Bank to a thrift holding company controlled by IMB Management Holdings LP. ... IndyMac Bank Customer Frustrated by $52K Loss
Editor’s Note: When I began corresponding with a self-described conservative who reads this blog, I had no idea he was cohabitating as a “domestic partner” with another individual to whom he was not...NowPublic on Facebook
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