Put an experienced VC in charge of the TARP funds

News Report: BofA to access more TARP funds Not that it should come as a complete surprise, but Bank of America (BAC:NYSE) ... is close to getting billions of dollars more in federal support from taxpayers. As Congress debated ... -elect is being sworn in? In the venture capital world at least, VCs and venture debt lenders alike [more...]

Date: 2009-01-15 15:37:09

Blog posts (65) | Videos (1)
 

Daily Headlines, Wednesday, 12/17/2008

Birmingham News - Gov. Riley says solution to Jefferson County sewer debt crisis may wait until new administration takes office Birmingham News - U.S. Rep. Artur Davis pivots from cabinet rumors to 2010 run for governor of Alabama Birmingham News - Maine businessman charged with bribing 2 missile defense officials at Redstone Arsenal [more...]

Date: 2008-12-17 12:15:02

Debt Consolidation

Debt Consolidation December 29th, 2008 It is quite alarming to know that families find it hard to get by from day to day on average combined ... from and they have more than their loaned amount to pay from interest alone. Most credit card companies charge a whopping 400% interest per year if you aren’t really able to completely pay your credit card [more...]

Date: 2008-12-29 02:07:05

Mortgage and Credit Card Companies Under the Spotlight on Consumer Charging

For the first time since May 1996 reports have indicated that wage increases have risen faster than house price inflation ... that consumers are struggling with debt. Ed Stansfield of Capital Economics, said, “Today’s figures show that for a small but growing minority of borrowers levels of debt have become a problem, despite [more...]

Date: 2009-01-14 23:35:31

November 2008 Goals Update

Goal Specific-Pay off transferred credit card balance Measurable-approximately $11K Attainable-$800 a month Realistic-That’s about what I pay every month right now for debt servicing. Timely-By January 2010 Grade: Neutral $800+ went to the credit card company, but netted out to ($622.09) because I have a recurring subscription charge [more...]

Date: 2008-12-03 19:04:57

ProPublica and Bill Lockyer vs. Goldman Sachs

ProPublica was launched to much fuss and applause as a new institutional backer of investigative journalism of the sort getting scarcer at major ... debt. How bad is the article? Ask Felix Salmon ("garbage.... This isn't responsible impartial ... of the .com bust and the attendent tax evaporation. At the time, it was Bill Lockyer leading the charge [more...]

Date: 2008-11-12 03:13:55

Obama Set To Charge Already Beleagured Taxpayers $50 Million For Inauguration Bash

Bailing out banks. Bailing out car companies. Now taxpayers are staring down the barrel of an “economic stimulus” spending spree that will ... to help the city cover costs. That would double the $15 million Congress has already allocated to pay ... , now is not the time to rack up debt, Fenty told CNN. Watch more on the inauguration cost » “ [more...]

Date: 2008-12-21 22:36:56

Property expert: Can I lend or donate money to my children?

Q I am over 70 and have at least £100,000 in an e-savings account, as well as £35,000 in fixed-rate bonds ... to reduce their outstanding debts, but would it be better to concentrate on the fixed-term loan ... at a rate of interest that is lower than that they are being charged by their mortgage lenders [more...]

Date: 2009-01-14 00:10:01

Control Your Debt to Eliminate it Entirely

Control Your Debt to Eliminate it Entirely Posted By Michael Geoffrey on @ 1: ... good budgeting, counseling, debt consolidation, or bankruptcy. The first step should always ... with this on your own, it would be advisable to turn to a credit counselor. Although they do charge for their services [more...]

Date: 2008-10-26 18:43:05

The Public Plan Debate

National Journal’s Health Care Experts blog has a discussion going on Obama’s public plan ... they must accept all comers, charge similar rates to the sick and the healthy, young and old ... of the end for private plans? Would this be creating a massive new debt to pass on to our grandchildren [more...]

Date: 2008-12-09 20:45:43

Updated: Confirmed: Verizon Wants Alltel

A statement released today by Vodafone has confirmed that Verizon Wireless is in advanced talks to buy Alltel for about $27 billion ... debt of $22.2 billion. The deal will be concluded by the end of 2008. Ivan Seidenberg, Verizon’ ... companies will be around $1 billion, with a majority coming from the elimination of roaming charges [more...]

Date: 2008-06-05 14:03:41

HOW I PAY OFF MY CREDIT CARDS

When year 2008 started, I made a list of what I should do. Most of my entries were about paying off my credit card debt. And here are the things I did to generate enough money to pay for those credit card balances ... name. They are earning me about P50.00 (US$1) a month on interest. My credit card charges [more...]

Date: 2008-11-09 02:36:11

Credit Blemished Over Imaginary Credit Card [Debt Collectors]

The NES collection agency is coming after Nancy for a debt on an account number she's never owned ... the account and sold it to a collection agency, who somehow had no problem contacting me repeatedly ... of the charge, however, was when I received a collection notice several months after [more...]

Date: 2008-10-30 19:20:44

America will soon get to meet the Congressional looneys it just put in charge of Obama's Socialist madhouse

Source WSJNow that Barack Obama has vanquished John McCain, he faces a much greater foe: Democrats on Capitol Hill ... or to bail out states like New York that are in debt. If Mr. Obama doesn't want to have to pass a Tarp II [more...]

Date: 2008-11-06 19:00:00

Goldman Sachs Target of Naked Short-Selling and Price Manipulation Complaints in High Yield Loan Markets

The charge is that as an agent bank Goldman Sachs has access to private information that gives it an advantage in the opaque market of high risk debt, and they have been using that information [more...]

Date: 2008-11-17 14:24:00

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