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An engaging exploration of modern-day deals and deal-making Gods at War details the recent deals and events that have forever changed the world of billion-dollar deal-making. This book is a whirlwind tour of the…
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The author of How to Be Idle, Tom Hodgkinson, now shares his delightfully irreverent musings on what true independence means and what it takes to be free. The Freedom Manifesto draws on French existentialists,…
Sri Lanka to sell billion-dollar bond: government
Sri Lanka plans to sell a billion dollar sovereign bond this year to offset expensive short-term foreign loans, the government said Thursday.
Read more on AFP via Yahoo! News
Higher fees for late payment of Govt debt loans
VietNamNet Bridge – Borrowers…
Image via Wikipedia I would be misleading you if I suggested I knew where the debt industry will land. But I am certain that mounting debt settlement legislation and FTC tightening and targeting regulation aimed at debt settlement companies, will bring change. The last several months have injected lots of…
Lenders began the foreclosure process on 2,591 mortgages in Orange County in July, reports ForeclosureRadar.com. The total for notices of default was up 4% from June and 17% from a year ago. click for larger image Loan servicers and banks filed 2,166 notices of trustee’s sale — warnings that…
The Congressional Oversight Panel, which has been reviewing government efforts to rescue banks, released a report today, warning that bad loans and related securities remain a potential risk to the economy and small banks. Here are the key paragraphs (bold added): If the economy worsens, especially if unemployment remains…
I’m a little late to this news: Freddie Mac, one of the two mortgage giants seized by the federal government, on Friday reported its first profit in two years, and didn’t seek more aid from the U.S. Treasury. That’s exactly opposite from big sister and fellow government controlled company…
Today we take a look at which countries have best weathered the global recession and credit crunch. All economies have been affected by the crisis, but a combination of policy responses and strong fundamentals has given some countries, especially some emerging market economies, a relative edge. These same strengths…
From HUD: FHA Suspends Taylor, Bean & Whitaker Mortgage Corp. and Proposes to Sanction Two Top Officials The Federal Housing Administration (FHA) today suspended Taylor, Bean and Whitaker Mortgage Corporation (TBW) of Ocala, Florida, thereby preventing the Company from originating and underwriting new FHA-insured mortgages. The Government National Mortgage Association…
I have recently been teaching my 6-year-old son about misnomers. A misnomer is, of course, something that is inappropriately named. It started with my little boy asking why “babysitting” is called as such when he is most definitely not a baby. He thinks “kidsitting” should be added to the…