Cheese Sandwiches and the Hieronymus Bosch World of Public School Cafeterias
An anti-hunger community group says a new public school policy to offer cold cheese sandwiches to students with lunchroom debt will stigmatize ... of professional psychological therapy trying to erase any memories regarding their own K-12 school lunch [more...]
Date: 2009-01-03 19:51:00
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Citi plunges on financial woes
Citigroup shares plunged Wednesday, closing down 23% to $4 ... of the group into a “non-core” unit. The cost of insuring against a default on Citi’s debt soared,... [more...]
Date: 2009-01-15 05:45:43
Bonita Bay Brawl: Are Club Members “Victims” Of Developer Lucas and KeyBank?
By Teri Buhl for BankImplode.com The developer of Bonita Bay Club, an exclusive golf community on Florida’s west coast, is using aggressive tactics to get the club’s members to pay off his debts and save him from bankruptcy, according to some disgruntled investors. Questions continue to swirl regarding whether the club’s group of lenders, led by KeyBank , who had lent the developer $120 million by securing club property, is aiding in the scheme. [more...]
Date: 2009-09-29 16:03:28
AG Sues To Shut Down Buffalo Debt Collector
Posted on Tuesday, 18 of August , 2009 at 10:51 am BUFFALO—The state Attorney General’s office has filed a lawsuit seeking to shut down a Buffalo-based debt collection operation consisting of 13 debt collection companies run by Buffalo residents Omar Smith, Narvell Benning and Keith Marshall (collectively, the “Benning-Smith Group”). [more...]
Date: 2009-08-18 15:51:50
Rio offloads assets to private equity
Desperate? Well wouldn't you be if demand collapsed and you had $40bn of debt. From Reuters: HONG KONG, Jan 9 (Reuters) - A Chinese company and private equity firms are among the groups expected [more...]
Date: 2009-01-09 08:14:47
The Need for Greater Transparency
by State Rep. Jason Murphey (OK-31) I have either been involved in or closely observed some level of government for almost ten years. In that time I have studied a series of local, county and state government entities, as well as an array of government public trusts. I have spent a good deal of time listening to those groups argue about why they needed to continue receiving taxpayer largesse, need more taxes and fees, or want approval for new debt spending. [more...]
Date: 2009-09-28 14:25:34
Beneficial Finance - Mortgage Review
Beneficial Finance, does personal, auto, and mortgage lending as a retail subsidiary of mega-bank parent HSBC Group (NYSE: HBC) ... of Beneficial Finance should be avoided. They are big pushers of credit cards, home equity loans, and debt consolidation mortgages. You can’t expect much better being a subsidiary of HSBC Mortgage [more...]
Date: 2009-01-14 22:05:31
With Alltel Deal Closing, TPG Puts Much-Needed Win in the Books
Limited partners of Goldman Sachs Group and TPG Capital received a welcome New Year’s present when the $28.1 billion sale of Alltel Corp ... through the sale of debt. Seven months later, they flipped it, selling it to Verizon Wireless, a joint ... and Washington State Investment Board. –With Lauren Pollock Shasha [more...]
Date: 2009-01-12 18:08:00
A Round-Up of M&A Forecasts
As part of Alacra's business is driven by M&A transaction volume, we keep pretty close tabs on the forecasts for M&A activity ... to Jefferies Putnam Lovell, the investment banking group of Jefferies & Company, Inc. focused ... ;A OUTLOOK The M&A landscape has changed dramatically over the past several months. Debt funding [more...]
Date: 2009-01-14 13:18:03
Trial lawyers deep in debt?
Break out your best lawyer jokes today, because according to the Washington Times , the litigators don’t have any money to fight back. As Republicans ramp up pressure on Democrats and the White House to include comprehensive tort reform in any overhaul of the American health-care system, one could expect the trial lawyers to respond with threats of donation boycotts or funding of opponents in next year’s midterms. However, the American Association of Justice — the lobbying group for litigators [more...]
Date: 2009-09-28 13:01:20
Trial lawyers deep in debt?
Break out your best lawyer jokes today, because according to the Washington Times, the litigators don’t have any money to fight back. As Republicans ramp up pressure on Democrats and the White House to include comprehensive tort reform in any overhaul of the American health-care system, one could expect the trial lawyers to respond with threats of donation boycotts or funding of opponents in next year’s midterms. However, the American Association of Justice — the lobbying group for litigators [more...]
Date: 2009-09-28 12:48:45
Trial lawyers have money problems
Washington Times: The trial lawyers lobby has been awash in debt and bleeding members - just as it embarks on a national campaign to block any clampdown on medical malpractice lawsuits as part of President Obama's health care overhaul. The American Association for Justice, the most prominent group representing plaintiffs' attorneys, has seen a shake-up in its executive suite and has struggled to deal with what appears to be a mounting budget shortfall. [more...]
Date: 2009-09-28 16:48:00
Helping me out of debts
Business facet seems to instruct faster and faster. In these recent years it has rendered various meaningful procession in supporting people's being. These supports are often seen in regular living spell grouping do their dealings with others. At this ultramodern era interchange money has been fewer nonclassical and has been replaced with attainment correspondence. In my persuasion most of fill today promote to use attribute roster in their dealings because of individual reasons. [more...]
Date: 2009-05-15 04:51:00
74 Law Professors Pile On Support For CFPA
A group of professors with expertise in consumer and banking law have sent a letter to key House and Senate committee chairmen demanding that Congress enact the Obama administration's proposed reforms of the financial industry. "Our review of the regulatory approaches at the existing agencies," says the letter, "leads us to conclude that on balance they place a higher value on protecting the interest of financial product vendors who promote complex debt instruments using aggressive sales [more...]
Date: 2009-09-29 16:35:04
More Photos:
Related Links Mary Carey Selling Breeaast ImplantsSunday, January 11, 2009 Posted by kk group 1 Comments to benefit the Susan G ... accumulates at the top, the currency looses value, the middle class slip further into debt and the lower [more...]
Date: 2009-01-11 14:14:00
Use Government Grants and Scholarships to Rid Yourself of Debt and Bills!
The government has put a plan into place to help ease up the effects of the crisis on lower income families. The definition of lower income families may not be as low as most people think. If a family earns less than $30,000 a year, then they are eligible to apply for some of these grants. There are a number of grants that are available depending on your personal circumstances and there are also programs specifically designed to help various groups of people. [more...]
Date: 2009-09-18 12:52:18
Rio Tinto Reduces Debt – Analyst Blog
Rio Tinto PLC ( RTP ), the heavily indebted miner, has now cashed in over $7 billion in total by selling its non-core assets after its merger with Canadian aluminum group Alcan. Last week, Rio agreed to sell its Alcan composites business to Switzerland's Schweiter Technologies for $349 million. The deal is expected to close by the end of the year. The company targets to sell $15 billion in assets to lighten its debt burden it piled up from the $38 billion acquisition of Alcan in 2007. [more...]
Date: 2009-09-25 19:18:01
Obama's New Stimulus Package Meets With Skepticism; Welcome To 1600 Pennsylvania Avenue
You are receiving this e-mail as a part of your subscription to Investor's Daily Edge. Your subscription began on Monday, December 31, 2007 ... facing seemingly insurmountable debt. While I agree that our deficit spending is out of control ... $1 trillion, but no one (including the government) truly knows the exact figure. One particular group [more...]
Date: 2009-01-12 10:00:00
THE FROZEN IPO MARKET
The stock market has traditionally been a great place for private companies with a small group of owners to a get a return on their initial ... to raise $450 million to pay off current investors and help finance future wind power projects ... . "If we are unable to obtain additional debt or equity financing, we may have to curtail our development [more...]
Date: 2008-12-30 13:21:58
Bogus and Scam Credit Counseling Groups Become Target Of Florida Legal System
TALLAHASSEE, FL - Attorney General Bill McCollum today unveiled his office’s latest consumer protection initiative in the form of a coordinated ... , all of which were purportedly offering debt relief services including credit counseling, credit repair, debt management, and credit card rate reduction services. “As more Floridians facing financial [more...]
Date: 2008-10-21 05:39:01
Someone at Credit Suisse has a wicked sense of humor
It really is a thing of beauty (via Bloomberg): Credit Suisse Group AG's investment bank has found a new way to reduce the risk of losses from ... bonuses. The bank will use leveraged loans and commercial mortgage- backed debt, some of the securities ... compensation packages, people familiar with the matter said. The new policy applies only to managin [more...]
Date: 2008-12-18 22:08:35
Back at you on GM argument
by cactusGeneral Motors and Social Security - Two Sides of the Same CoinThere's a group of folks out there who are busy pinning the blame for GM's ... is only being exacerbated now, when the government is taking on additional new debt to cover ... worse under Republican Presidents and been alleviated under Democratic Presidents - debt held [more...]
Date: 2008-11-29 12:39:00
Teach Your Children Not to Bet Against Apollo Group
The numbers the posted last week were impressive indeed, and the internal/organic cash flow generation is a thing of beauty, as noted by ThinkEquity: ... leases. Bad debt expense remained subdued, dropping to only 3.6% of sales during 1Q09 from 4.2 ... . We expect bad debt expenses to remain below 4% of revenue during FY09. * Selling and Promotional [more...]
Date: 2009-01-12 20:01:48
Weekend Reading: Fantasy Baseball
About six months ago I entered into a Fantasy Baseball League with a group of personal finance bloggers ... England and in Kevin’s home town of Cincinnati, to help them raise money and awareness. American Cancer ... Do to Prepare for An Emergency Top 5 Paths to a Million Dollars Finance 101: Good Debt vs. Bad Debt [more...]
Date: 2008-10-05 14:13:20
How to Deleverage Balance Sheets
Bouncing around trading desks: Credit Suisse is using a novel approach to deleverage its balance sheet…using its illiquid assets to pay bonuses; ... its real! Credit Suisse Group AG’s investment bank has found a new way to reduce the risk of losses ... bonuses. The bank will use leveraged loans and commercial mortgage- backed debt [more...]
Date: 2008-12-18 19:00:02
Junk Into Gold: How Cablevision, MetroPCS, Fresenius Raised $2.1 Billion
Fund managers can’t sit on their cash forever. That is one guiding principle that helped a group of banks, led by J.P ... , MetroPCS and Fresenius SE. They combined timing, aggressively discounted pricing and old-fashioned ... to $750 million. MetroPCS drew $3.5 billion in demand for this week’s offering of $300 million of debt [more...]
Date: 2009-01-15 12:13:00
Yari Film Group Releasing Crashes Due to Bankruptcy
Yet another independent film distributor has gone belly up, this time it's Yari Film Group Releasing, ... , The Painted Veil, Resurrecting the Champ, The Good Night, Kickin It Old Skool, and The Perfect Holiday ... financially. "Our goal is to aggressively work towards reorganizing our debt so that we can become [more...]
Date: 2008-12-15 03:05:44
Banks should lend to government not people or businesses, claims group of eight
January 15th, 2009 ... ). In these circumstances there is a risk of a debt-deflationary spiral. If so, the right policy response ... affairs so that more bank deposits are created.” They also argue that debt management should become [more...]
Date: 2009-01-15 12:23:01
The real pay-to-play scandal
The San Francisco Chronicle lists all the groups that supported Obama and now have their own agendas that they hope he will do first. It's a depressing list. The Washington Examiner reports on how the House has already delivered on its debt to the trial lawyers. Labels: Politics [more...]
Date: 2009-01-12 12:43:46
A Loophole for Medical Bankruptcy
In 2005, special interest groups pushed for, and obtained, ... for. But if you buy too much crap with your credit card, you’re on the hook, pal.What will happen bankruptcy laws ... and high debt loads? You connect the dots. I’m beginning to see where this whole “medical credit [more...]
Date: 2009-01-08 14:19:51
Volcker Group’s recommendations for financial reforms
Volcker’s “Group of 30″ released its report today on suggested reforms for financial markets ... by strict capital and liquidity requirements. Participation in packaging and sale of collective debt [more...]
Date: 2009-01-15 21:00:18
10 Personal Finance Essentials
This article is part of an M-Network group writing project, the 12 Days of Christmas - Personal Finance Style ... finance is about more than just spending less than you earn and staying out of debt. You need a balance [more...]
Date: 2008-12-10 12:53:55
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