Headline News - January 7, 2009

Hypercom Appoints Stuart Taylor Vice President, Global Marketing New Mercator Advisory Group Report: Small Business Credit Card 2008 Update: ... in credit card terms Economix Blog - NYTimes.com: Crisis Comparisons: How Bad Might It Get? Laru ... from Credit Cards, Could Save Consumers $500 Million Annually Over Competing Prepaid Cards Get Rich Slowly [more...]

Date: 2009-01-07 13:30:03

Blog posts (14) | Videos (12)
 

News Digest 8/12/2008 Reuters, WSJ, NYTimes, FT, Bloomberg

According to Reuters, JP Morgan (JPM) lost $1.5 billion in July. Reuters writes the UBS (UBS) ... . Reuters reports that Countrywide faces an FTC investigation. The Wall Street Journal reports ... to tighten credit for businesses and consumers. The Wall Stree Journal reports that S&P cut [more...]

Date: 2008-08-12 07:52:17

Employers Beware: Red Flag Rules On Address Discrepancies Not Delayed

If you've been following the story of the Red Flag Rules, that we posted about last winter you'll know that on October 22, 2008, ... your business uses consumer reports. If you do background, criminal or credit checks on employees ... the FTC announced a delay in enforcing the rules, moving the date from November 1, 2008 to May [more...]

Date: 2008-10-27 17:21:00

Citibank Will Split Into Two Companies, Promises To Lend To Consumers [Citibank]

Vikram Pandit, CEO of Citigroup, announced today that the company would be split after reporting a net loss for 2008 of $18.72 billion. He also promised to put the money from the $700 bailout to work by extending credit to consumers ... the U.S. economy and consumers - expanding the flow of credit to U.S. households and businesses responsibly [more...]

Date: 2009-01-16 13:30:55

Toyoda to be Toyota president!

TOKYO: Toyota Motor Corp would change the top management order for improving business performance ... credit and consumer sentiment. ... , has been responsible for the firm’s Japanese and overseas operations. The report comes a day after the world’ [more...]

Date: 2008-12-23 06:45:10

Four at Four: Looking for Cash

Whatever remaining euphoria that existed on expectations for the passage of a mighty bailout package that will cure all bad debts and even ... s not ideal.” Business as usual means looking forward to the jobs report due out in the morning, the lackluster demand for consumer goods, and ongoing credit problems that have reduced borrowing [more...]

Date: 2008-10-02 11:40:00

FTC shuts down O.C. debt-negotiation scam

The Federal Trade Commission said today it has shut down an Orange County debt-negotiation business that instead of helping consumers resolve their ... their bills. The result: Interest on customers’ debts grew, leading to lawsuits, bad credit reports ... bills, drove them to bankruptcy. The FTC charged that Homeland Financial Services LLC of Santa [more...]

Date: 2008-09-25 23:09:42

Biodiesel Maker Latest News and Information

BioDiesel and Bio Fuel News Provided By MSN News Consumer prices fall for third straight month in Dec ... small businesses continue to struggle with tight credit and declining sales, one fledgling industry ... are reporting an influx of inquiries and … Green industry casts wide net - Rocky Mountain News [more...]

Date: 2009-01-17 05:01:29

JP Morgan:2009 Cloud Computing Outlook

Bert Bouwhuis pointed me to the a report by JP Morgan on Internet-oriented companies, ... computing was on track to be the buzzword of 2008 until it was displaced by the credit crunch. But beneath ... and cloud applications for the consumer and small businesses due portability, collaboration, convenience [more...]

Date: 2009-01-06 21:37:09

NACUBO: The FTC's Red Flag Rule Identity Theft Prevention Rule May Affect Colleges

The National Association of College and University Business Officers notes that the FTC's Red Flag rule likely applies to colleges ... of consumer reports must develop reasonable policies and procedures when they receive notification from a credit agency that there is an address discrepancy. Second, that financial institutions [more...]

Date: 2008-09-26 17:00:00

Beige Book in a tag cloud: Continued gloom

The Fed’s Beige Book is a hefty document that several times a year pulls together reports on economic activity from each of the Federal Reserve's 12 ... have been worse. To their credit, the Beige book's writers used many different phrases: "continued to weaken ... cloud! activity banks business commercial conditions construction consumer contacts [more...]

Date: 2009-01-14 20:53:43

It’s Time To Cut Back In California

The Union Tribune reports from California. “ABA Recovery Service owner Marcelle Egley-Sparks said that in the past year, ... of the Center for Consumer Financial Services at E. Philip Saunders College of Business in Rochester, N.Y. ... During its first 73 years, San Diego Metropolitan Credit Union never lost money on a real estate loan [more...]

Date: 2008-08-24 18:28:13

Smaller banks still making loans

Boston Globe reports on local conditions for small businesses: Even as consumer loans become harder to get, ... executives report a continued flow of borrowing by small businesses, despite the credit crisis ... many small businesses in Massachusetts report they are still able to borrow money.In Franklin [more...]

Date: 2008-12-02 10:00:00

FTC Approves Federal Register Notice Announcing Increase in the Ceiling on Allowable Charges Required By Section 612(f) of the Fair Credit Reporting Act

My comment: As we all know it's important to give near bankrupt companies who completely screwed up their business billions of dollars and find ways ... for an additional free disclosure. Under federal law, consumers are entitled to a free copy of their credit report ... an application for credit, insurance, or employment) and consumers request their rep [more...]

Date: 2008-12-15 20:41:14

14 Results