Archive for March, 2010
Wednesday, March 31st, 2010
(AP:WASHINGTON) Turning more upbeat, President Barack Obama said Friday his administration is working to create a "post-bubble" model for solid economic growth once the recession ends. He said that means the days of overheated housing markets and "people maxing out on their credit cards" are over.source
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Tuesday, March 30th, 2010
David Taylor, a banker credited with saving Continental Illinois when bad loans in oil and energy brought it to the edge of collapse, has died in California.Taylor, 79, suffered from Parkinson's disease. His wife, Robyne, told the Los Angeles Times that he died Feb. 23 at his home in Rancho ...
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Monday, March 29th, 2010
Every year, I encourage taxpayers to avoid financial products with fees that cut into the amount of their tax refunds. For example, I loathe refund anticipation loans, which are short-term cash advances backed by a tax refund. In this economy, keeping every penny of your tax refund is even more ...
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Sunday, March 28th, 2010
March 12 (Bloomberg) -- Covered bond sales have slumped to the lowest level in more than a decade as investors favor government-guaranteed bank bonds which they regard as safer than the mortgage-backed notes.source
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Saturday, March 27th, 2010
Many major credit card companies are slashing credit lines and closing accounts that aren't used regularly – a move that is potentially devastating to consumers' credit scores.source
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