Slow loans flow for some small, medium businesses
Slow loans flow for some small, medium businesses 30 applications approved under new scheme; processing fees still a bugbear By CHEW XIANG ( ... companies get through the bad times’. ‘For those who had their commercial credit lines cut ... to Melvin Lee, Spring’s deputy director of financing and incentives management. More than 700 [more...]
Date: 2008-12-19 07:30:23
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Focus Of Financial Meltdown Blame Shifts To Barney Frank (D-MA)
FRANK-LY DISGRACEFULCongressman's Key Meltdown Role Increasingly Clear*** NEW: ... loans to people with poor credit histories in the name of "social justice". Frank was at the very ... that making some bad loans was just another tax., a cost of doing business as a regulated company [more...]
Date: 2008-09-27 19:12:00
Is Gilbert The New Castle Rock?
I recently had a change of plea for a DUI in Gilbert where I started to feel like I was in a Stephen King novel ... . Maybe Gilbert wants to help out the payday loan business? Maybe they think a reduced credit score ... in effect. I think the judge actually felt bad about the policy, and I can see why. Not only does [more...]
Date: 2009-01-17 18:11:08
Economic Potpourri December 30, 2008
The barrage of noteworthy economic news continues as we head into the new year ... to buy bad loansJapan's government and central bank are considering a $110 billion scheme to buy bad loans and other financial assets from banks to ease a credit crunch gripping the country's businesses [more...]
Date: 2008-12-31 02:58:00
Commercial Real Estate Downturn Creates New Call For Bailouts
Bailout The floodgates are open and every businessman and woman who has made a bad business decision is now clamoring for a federal bailout ... funds and others holding the loans or pieces of them that were packaged and sold as securities ... these days on...Residential Real Estate Downturn Due To Greed, Commercial Due to Credit Crunch? Here [more...]
Date: 2009-01-05 14:36:49
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