30 March 2008
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Like credit counselors, debt-settlement firms generally collect a single monthly payment from clients. But rather than disbursing the money to credit-card companies to cover the borrowers' bills, they withhold it. The settlement firms then use the money as a bargaining chip in an attempt to negotiate a lump-sum payout with lenders. The booming business has caught the attention of prosecutors and regulators, who say such programs can leave consumers in worse financial shape. When banks ..read more.
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29 March 2008
Posted by James Breen at 3/29/2008 2:23:00 PM
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The Fed cut the discount rate by three quarters of a percent, its largest one-day cut ever, and yet the stock markets are still nervous about the potential for a recession in the US that could affect the entire world, as demand for products drops back. In spite of the Fed cut and the tentative agreement for a $150 billion stimulus package (essentially a tax cut for the middle class and for businesses), Asian markets reacted Monday to continuing worries about the buoyancy of the US economy .. read the rest part.
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28 March 2008
Posted by James Breen at 3/28/2008 8:38:00 AM
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28 March 2008
Posted by James Breen at 3/28/2008 8:06:00 AM
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Billionaire New York City Mayor Michael Bloomberg took Senator Barack Obama of Illinois for breakfast at an upper east side Manhattan coffee shop last November and subsequently agreed to help arrange Obama's speech today at the Cooper Union about the national economy, ongoing housing slump and the advancement of science and art. Bloomberg, a former Democrat, has not yet formally endorsed Obama for president, but in his brief introduction referred to him as a man from "the land of Lincoln," .. click here.
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25 March 2008
Posted by James Breen at 3/25/2008 9:37:00 AM
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The Secret Handshake was recently in a van accident. Messagehey everyone, i have some bummer news to report. saturday on our way to the show in delaware, we were in an accident that totally messed up the front of our van. i was sleeping in the back, so i dont know all happened, except that our roadie/driver guy totally smashed into the back of a car that stopped suddenly at a toll plaza. thankfully, we are all okay (including the people in the other car), just a little sore. but i can't say ..[More].
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Posted at 9:37 0 comments
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