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Student debt surpasses credit card debt
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Fri, 10 Sep 2010 09:56:55 -0700
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WASHINGTON, Sept. 10 (UPI) -- The amount U.S. students owe for tuition loans has surpassed what credit card borrowers owe for the first time, a private researcher said. Credit card - United States - Loan - Financial services - Business
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Audit Notes: HAMPered, FHA Criminals, Student Loan Racket
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Fri, 10 Sep 2010 15:20:11 -0700
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David Lazarus of the Los Angeles Times finds a couple booted out of their home by Wells Fargo, which had just told them it wouldn’t do such a thing. But a few days later Wells did, having sold the house to a vulture fund. It would have been nice to know what the house sold for.
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Judge sentences Yould to 57 months in prison
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Fri, 10 Sep 2010 15:28:19 -0700
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Rachel Yould, a former Rhodes and Fulbright scholar from Anchorage whose promising academic career fell apart over student loan fraud charges, was sentenced to 57 months in federal prison this afternoon. She also was ordered to pay $700,000 in restitution.
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Mahmood Karzai profited on deal tied to Kabul Bank
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Wed, 08 Sep 2010 12:41:53 -0700
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The brother of Afghanistan's president said Wednesday he made at least $800,000 by buying and then quickly reselling a high-end Dubai villa using a loan provided by the chairman of the troubled Kabul Bank.
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Pros and cons of the Green Investment Bank
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Fri, 10 Sep 2010 02:39:27 -0700
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When plans for the creation of Britain's first Green Investment Bank were announced in the March the reactions were as mixed as the details confused.
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Notre Dame senior kicker David Ruffer still in awe of opportunity as walk-on for the Irish football team
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Fri, 10 Sep 2010 03:13:36 -0700
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David Ruffer will have one whale of a story to tell over the next couple decades as he chips away at a staggering student loan balance.
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China Day Ahead: Speculation of Deposit Rate Increase; Tighter Trust Rules
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Thu, 09 Sep 2010 16:28:02 -0700
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China brought forward the release of August economic indicators by two days, spurring speculation the central bank may be preparing to raise a benchmark interest rate before markets open on Monday.
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AMBAC Segregated Account Structure Challenged in Wisconsin Court
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Fri, 10 Sep 2010 10:10:39 -0700
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NEW YORK--(BUSINESS WIRE)--The RMBS Policyholders Group today stated that the arguments challenging the legality of the Ambac Assurance Corporation (“AAC”) segregated account (the “Segregated Account”) presented yesterday by, among others, Deutsche Bank, U.S. Bank, Depfa Bank, Wells Fargo, Bank of America and Lloyds TSB Bank, in their capacity as trustees for securities insured by AAC, in the ...
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Credit card use plunges as hard times drag on, debit use rises
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Fri, 10 Sep 2010 17:21:07 -0700
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Americans have sharply reduced their use of credit cards, and some analysts believe the trend will continue even after the economy has fully recovered.
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Digging Out of Student Debt
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Thu, 09 Sep 2010 07:47:18 -0700
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Don't despair. You have options with private lenders and the feds to cut your payments.
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