Wall Street Breakfast: Must-Know News

CIT on the brink. Sources say CIT Group ( CIT ) is preparing a sweeping exchange offer that would eliminate 30-40% of its $30B in debt, giving bondholders new debt with a later maturity, and nearly all the equity in a restructured CIT. The plan is likely to be more attractive to bondholders with near-term debt, and some insiders say competing bondholder interests are likely to thwart any deal and send CIT to bankruptcy court. CIT -24% premarket. IMF turns optimistic. [more...]

Date: 2009-09-30 11:20:04

Blog posts (193) | Videos (116)
 

The Reality of Prepaid Credit Cards

by Pedro Turriago Prepaid credit cards are great for those who find it difficult to control their spending habits. They have a limit imposed by the cardholder that is solely determined by how much money they load onto it. If the person does not have money to load onto the card, then they wont be able to use the card. In short, by the time a prepaid card is used, the bill is already paid. Its probably the best type of credit card available for people who want to stay out of debt. [more...]

Date: 2009-09-30 11:13:28

Credit Crisis Sequel, Global Bank Bailout, Emerging Markets Still a Buy?, Gas Wars and More!

Ghosts of the fourth quarter haunt global financials… so begins the second act of the credit saga… Even the IMF needs a loan… $150 billion to back ... advice… with S&P 500 price targets… Plus, Russia-Ukraine gas dispute not yet over… a reader ... predicted today. According to Morgan’s report, profits at HSBC will decline “sharply” this year [more...]

Date: 2009-01-16 15:28:24

Need Info About Credit Cards – Read this Publication

When you are looking for a credit card offer you probably want something that will correspond to your needs, not something that is most advertised and popular. Different people have different lifestyles and spending habits, and they want different credit cards which will help in various life situations. If you like travelling or if you just travel a lot make sure you find a credit card offer that provides special bonuses which will considerably enhance your journeys. [more...]

Date: 2009-09-30 10:17:59

Bernanke Casts Doubt on Stimulus, Says Fed May Buy Toxic Assets to Loosen Credit

Warning that the timing of an economic recovery is “highly uncertain,” Federal Reserve Chairman Ben S. Bernanke said yesterday (Tuesday) ... about the continuing chokehold banks have put on credit to companies and households than he is about offering ... of the economy where liquidity has dried up for “credit easing”, reported the Guardian. “Credit sprea [more...]

Date: 2009-01-14 14:57:59

Credit Repair Company

by Brent Hansen Bad credit history can bar one from getting a job, getting a loan, obtaining a lease or even in securing credit. Several people look for ways through which they can repair their credit in order to obtain or secure the credit they are looking for. This is because most of the lenders consider the credit history to be accurate and the best means that can help in judging an individual especially for prompt payments. [more...]

Date: 2009-09-30 12:07:14

Credit Bubble bulletin ~ Nolan's analysis

A Divergence: The 2009 stock market has quickly come face-to-face with the reality that the worst of our banking system’s problems have yet to pass ... is now moving briskly. Citi management this morning announced a plan to create a new entity (“bad ... and is now backing $301bn of Citi’s real estate loans and securities. From Bank of America came the [more...]

Date: 2009-01-17 09:47:29

How to Write a Resume That Will Land an Interview

Many people haven’t looked at their resume in years; they haven’t needed to. But in 2009’s collapsed economy, jobs are shaking out like coins from a piggy bank. If you’ve been laid off or you’re worried you might be, blow the dust off your old resume and bring it back to life. Whether you are just updating or starting from scratch ( [more...]

Date: 2009-01-14 17:10:41

Sunflower Slate Q&A with Washburn LB Zach Watkins

ZACH WATKINS I caught up with Washburn senior linebacker Zach Watkins on Wednesday afternoon and came away extremely impressed — and ready to dole out some serious Sunflower Slate karma. Here’s the skinny on Watkins — the 6-foot, 235-pound linebacker from Independence, Mo. (hometown of Harry Truman) is only the second player in Washburn history to go over 400 tackles, with 403, and could break the career mark of 459 this season. [more...]

Date: 2009-09-30 22:29:29

Review: Microsoft Security Essentials

The good Easy on the system resources Easy to figure out how to use Comes pre-configured The bad Only works on legally licensed Microsoft computers Can't opt out of contributing to SpyNet Click here for our Microsoft Security Essentials photo gallery (Credit: Chris Duckett/ZDNet.com.au) Microsoft has released version 1.0 of Security Essentials , the successor to Live OneCare. [more...]

Date: 2009-09-30 05:30:01

Things You Need to Know Before Raising a Private Loan

Things You Need to Know Before Raising a Private Loan by Martin ElmerA personal loan (consumer loan, private loan) could be an option, if you are short on money. But before you are raising a loan, you better learn about concepts like security, fees and interest rates.A personal loan is defined as a loan rose by an individual. Normally it is raised to buy something (like a vacation or a television). But it can also be used to pay of other dept. [more...]

Date: 2009-09-30 11:41:02

Obama’s Blunders

Obama is looking pretty weak and without convictions before even being sworn in. The biggest concern I think every one has ( ... projected a lot of hopes and wishes (and fantasies). His handling of the Blagojevich incident was a bad ... the $3,000-per-job credit last week as one of five individual and business tax incentives aimed at winning [more...]

Date: 2009-01-15 13:23:57

Republican Study Committee Proposes Ineffective Tax Cuts, Destructive Spending Reduction For Stimulus

yesterday, which Matthew Yglesias noted is a “barrel full” of permanent tax cuts. Today, Rep. Eric Cantor (R-VA) ... to do with the taxes they may pay in the future and everything to do with a fear of losing money because there is no demand in the economy, asset prices are highly volatile, and credit is hard to come [more...]

Date: 2009-01-14 23:20:45

Employment Background Checks

by Ben Dave Background Checks are typically conducted discreetly. By that token, it is sneaky to some degree ... , Negligent Hiring being the big issue that it has become in human resource operation. Credit or loan ... . Employers, credit officers, landlords, lawyers, business partners and even prospective in-laws [more...]

Date: 2009-01-17 14:39:08

Home Equity Loans For People With Bad Credit

Home equity loans for people with bad credit are often the only way they have to improve their credit history, and can also help people consolidate their debt to make it more manageable. They are available, and these loans have helped thousands of homeowners improve their finances. Lenders may offer lower interest rates and more points Related posts: Home Equity Fixed Loans Home equity fixed loans are credit extended to homebuyers who... [more...]

Date: 2009-09-30 18:58:52

There’s More Banking Crisis Ahead

This morning, we’ll get accelerated earnings announcements from Citigroup and Bank of America. They basically have to do this because the whispering and the uncertainty about both enterprises is starting to get really hard to ignore. And BAC just became the recipient of a government-assistance deal much like what Citi got in December: [more...]

Date: 2009-01-16 12:00:38

Posh, Er, Katie Holmes Promotes Alien Clothing Line

Katie Holmes, earlier today in a ridiculous ad. Now it's Victoria Beckham turn to model - in next to no clothing at least. Posh is the new face ( ... Kim at a Klub Kim and Brandon On the Go Making an Escape Photo Credit: Splash News Maybe ... to convince us Jason Mesnick is not the hottest star in The Bachelor history. And we don't think [more...]

Date: 2009-01-14 16:37:14

Review: Madagascar: Escape 2 Africa

The good Activities are varied and fun The characters, especially Julien, are funny Forgiving controls Multiplayer mini golf is quite awesome Good replay value The bad ... an honest lion away from a flying fox, so don't even try. (Credit: GameSpot) The story in Madagascar [more...]

Date: 2009-01-14 05:31:01

Advice To Pres. Obama (#2): Yes We Can, But Will We?

The below post/letter is very important to me, and brings together much of what I have worked on the past few years ... particular issue runs the risk of creating more long term harm than good. In this letter, I attempt ... . In this letter, I would like to explain what some of these things are. In addition [more...]

Date: 2009-01-15 16:49:43

Novak Djokovic - Sydney 16. January Interview

#fullpost{display:inline;}Q. Just your general feelings on the match.NOVAK DJOKOVIC: Well, obviously disappointed, you know, whenever I lose ... and I couldn't put the ball in.Just a bad day.Q. People are always going to bring up the racquet ... great to win a tournament prior to a Grand Slam, but he was better today. You have to give him credit [more...]

Date: 2009-01-17 07:37:00

Matt Weiner: Post-Golden Globes interview

This is a chat between Deborah Lipp and Matthew Weiner on Monday, January 19, 2009, the day after Mad Men won the Golden Globe award for Best Television Drama. It was before he signed the contract with Lionsgate, as you’ll see. My experience with interviewing Matt is you maybe get one question in and then he’s off and running; full of thoughts, [more...]

Date: 2009-01-18 02:36:39

Bush and the War in Iraq

George W. Bush does not get the credit he deserves for keeping our nation safe from terrorism since 9/11 ... has not been one of them. And that includes the war in Iraq. Saddam Hussein was a clear enemy of the U.S. I don’ ... the country into an ‘unnecessary war.’ Return to the bad old days immediately following Sept. 11, 2001 [more...]

Date: 2009-01-17 02:39:00

The 10 Celebrities With The Most To Lose at Sundance '09 [Sundance]

Sundance affords as many opportunities for career setbacks in 10 days as it does for meteoric advancement — not even Robert De Niro or Dakota ... : Elevated 3. Pierce Brosnan: A man for whom being the most tone-deaf cast member in history's ... with movies over the years, he's got a producer credit, which means he needs a sale, which means [more...]

Date: 2009-01-15 16:43:48

Sundance Review: Tyson

I don’t think I’ve been awake at 8:30 in the morning more than 7 days over the course of the last year ... t the uncensored expose that I naively believed it might be. I realized this fact during the opening credit ... , the result is more annoying than anything else. To his credit, Mike comes off as incredibly honest [more...]

Date: 2009-01-17 02:10:40

Applying For Bad Credit Personal Loans Is Not Difficult

Anyone that has ever experienced credit problems knows what a terrible worry it is but there is definitely good news.  Years ago, it was almost impossible to get bad credit personal loans but that has changed drastically over the last few years.  Although some lenders used to feel bad credit had a social stigma [more...]

Date: 2009-01-17 22:49:30

It’s time to refinance ~ but is your home worth enough to get that great low rate?

Short sales, Bailouts, Mortgage Reductions…there are all kinds of programs being talked about, ... .  You have a credit score over 800?  Awesome…we’ll give you a loan for up to 100% of the value of your home ... .  But I have a question.  What about the homeowner who has never missed a payment, has a great credit score [more...]

Date: 2009-01-17 04:16:58

Class Wasted on Crass

Obama disses Bush despite Bush’s extraordinary efforts to ease transition! President George W. Bush and President-elect Barack Obama meet in the Oval Office of the White House Monday, Nov. 10, 2008. White House photo by Eric Draper In the series of interviews President Bush has given in the last few weeks you won’t hear him [more...]

Date: 2009-01-17 06:47:07

Consumer Credit Counseling

Consumer Credit Counseling January 17, 2009 at 5:00 pm · Filed under Credit Counseling Services div style=’float: right; width: 100px; padding: ... on financed loans and credit card debt can become onerous and when you add in penalties and late fees ... impossible for anyone to compete in today’s arena without the aid of a credit card. And that’ [more...]

Date: 2009-01-17 22:00:36

TECH SUPPORT INTERVIEW: the crafts of ‘The Reader’

The past week has been exceptionally good to Stephen Daldry’s “The Reader” on the awards circuit.  The film followed up its five Golden Globe nominations with the same number from BAFTA, not to mention Kate Winslet’s BFCA and Globe awards for her performance as Hanna Schmitz [more...]

Date: 2009-01-17 23:49:53

You Need Credit Scores With A Credit Report

By John Rasor the importance of knowing and understanding your credit history and score I recently logged on to annualcreditreport ... that people with bad credit are more likely to file a claim than people with good credit. As a result ... .com to get my once a year free credit report but to my surprise there were no credit scores [more...]

Date: 2009-01-17 19:01:47

Live-Blogging the Hearings for Obama’s SEC Chairman Pick

Mary Schapiro, President Barack Obama’s vaguely controversial pick to head the Securities and Exchange Commission, is appearing on the Dodd & Shelby Show today (otherwise known as the U.S. Senate Committee on Banking, Housing and Urban Affairs, of which Connecticut Democrat Chris Dodd is the chairman and Alabama Republican Richard Shelby is the [more...]

Date: 2009-01-15 15:16:09

Live-Blogging the Hearings for Obama’s SEC Chairman Pick

Mary Schapiro, President Barack Obama’s vaguely controversial pick to head the Securities and Exchange Commission, is appearing on the Dodd & Shelby Show today (otherwise known as the U.S. Senate Committee on Banking, Housing and Urban Affairs, of which Connecticut Democrat Chris Dodd is the chairman and Alabama Republican Richard Shelby is the [more...]

Date: 2009-01-15 16:37:43

What Can You Buy With 50 Billion Zimbabwe Dollars?

The inflationary horror of creating excess money and credit is well known, and is superbly illustrated by Zimbabwe, ... s government go far, far beyond mere monetary ones, making a bad situation much, much worse. I bring ... what always happens when a government creates too much money and credit, which is that the currency [more...]

Date: 2009-01-16 17:21:37

Credit Reports can be a Teaching Tool

by Rob Kosberg All of us have probably been informed that our credit report is a very important document ... on each report, locate any and all errors. It is up to each individual to monitor his/her own credit ... credit. We can obtain copies of our credit report for free, on an annual basis, from the three major [more...]

Date: 2009-01-17 15:18:02

How Time Travel Works (and doesn’t) in Back To The Future [BTTF Week]

Arguably, no movie involving time travel can ever actually make sense in the realm of continuity. I have to give tremendous credit to the Back To The Future writers for taking it on in the first [more...]

Date: 2009-01-16 12:38:31

Insurance Companies Are Not All Equal

by Ethan Kalvin You can get Insurance Coverage on just about anything you can think of ... be rated based on your gender, age, distance driven each year, driving record, and your credit history. There are also external influences that also contribute to your final insurance quote [more...]

Date: 2009-01-17 21:22:40

A Mindless Minority

Tonight after the Farewell Address of the occupied White House, ... a little beating of drums to get out the bad spirits might work well. I am no authority. But next ... . Sadly, watching the right wing scrambling about trying to keep the bad spirits in our government [more...]

Date: 2009-01-15 18:31:14

The Playlist's Least Anticipated Films Of 2009

We wanted to subtitle this feature Cockpunching Your Brain Into Next Year: The Films Of 2009 Probably Destined To Make Us Unintentionally Laugh The Most. But you know, we mostly digress, but if you really want to see some of the year's worst films look no further than what's coming out this month in January: [more...]

Date: 2009-01-15 00:11:00

Obama to the Rescue!

Word on the Street President-elect Barack Obama is going to back a bank-rescue ... avoid foreclosure. The money may also go to help cities and states with “credit issues” … pun ... are advocating a government-backed “bad” or “aggregator” bank to acquire hundreds of billions [more...]

Date: 2009-01-18 02:53:39

A brief history of the beginnings of the Ford Motor CompanyWhy now? ... coming today from news outlets when:Government Loans Chrysler $1.5 Billion to Get Credit Moving ... and Chrysler CEO’s would you leave your private jets for sale in DC and drive home from Washington [more...]

Date: 2009-01-17 10:01:11

The Irish connection

The Irish connection I was going to respond to Ross's rejoinder that for all the Irish American sympathy towards them, the State Department listed the IRA as terrorists. True, to their credit. But Alex Massie wrote better and more thoroughly what I would have: that whatever the nominal practices of the State [more...]

Date: 2009-01-14 20:09:38

Probiotics

The Wall Street Journal has an assessment of Probiotics in the Jan 13, 2009 issue entitled Bug Crazy: Assessing the Benefits of Probiotics (1). For some reason when I wander around the hospital on rounds people show me articles such as this and ask, so whatcha think about this? Probiotics are interesting [more...]

Date: 2009-01-16 06:00:37

Novak Djokovic - Sydney Medibank International Interview

"Novak Djokovic - Sydney Medibank International Interview"Q. Just your general feelings on the match ... the ball in.Just a bad day.Q. People are always going to bring up the racquet now. Like every time ... prior to a Grand Slam, but he was better today. You have to give him credit for that. I just hope [more...]

Date: 2009-01-17 13:21:00

U.S. unadjusted jobless claims fourth highest in history

This past week, jobless claims in the U.S. soared as they always do after the holiday season. For the week ending Jan ... , this is an extremely bad report. For example, unadjusted claims were 547K on 12 Jan 2008, 506K on 13 Jan ... , and so on down the line. That should give you a feel for how bad these numbers are. In 2002, we saw the highest [more...]

Date: 2009-01-15 14:50:06

Don’t Postpone Your Marriage for Money: Wedding Loan now available

If you got engaged then now you must be planning for a grand wedding celebration. But you are scared too ... charged on wedding loan provided to you. If the borrower has a bad credit record ... in case money is short. Infact, recently, Wedding loans are gaining popularity in both rural as well [more...]

Date: 2009-01-17 23:25:46

post info

18Jan09“As the Arabs see the Jews”,His Majesty King Abdullah,The American Magazine,November, 1947 By mindspring Categories: Palestine  http://www.kinghussein.gov.jo/kabd_eng.html I am especially delighted to address an American audience, for the tragic problem of Palestine will never be solved without American understanding, [more...]

Date: 2009-01-18 02:38:54

There's Always Opportunity in Crisis

by The Mogambo Guru "Here Is An Article For Your Favorite Mining CEO" is the title of an essay by Peter Degraaf writing at FinancialSense.com, spreading the word of Bill Murphy and GATA.org exposing the slimy manipulation of gold by central banks and the International Monetary Fund, [more...]

Date: 2009-01-14 19:26:27

President Bush Doesn’t Care About Black People

Dec. 8, 2008: President George W. Bush kisses one of the children attending the Children’s Holiday Reception and Performance with first lady Laura Bush in the East Room of the White House in Washington, DC. The reception is for children whose parents are serving in the military and cannot be with them for the Christmas holiday [more...]

Date: 2009-01-14 08:47:09

LifeLock Review

LifeLock is the company that has a picture of their CEO, Todd Davis, ... . They will remember to put fraud alerts on your credit history at the three bureaus every 90 days ... , and they will request your credit history every 12 months from the three bureaus. It’s not a lot of work [more...]

Date: 2009-01-14 12:19:44

Trends in Business Credit Cards for 2009

Small business credit card trends The year 2008 was a rotten one for the banking business. What began as a “mortgage crisis” mushroomed into a full-blown, across-the-board “credit crisis.” This has led to banks pulling back on all types of credit, but an even greater pullback [more...]

Date: 2009-01-17 22:38:54

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