A bill in the US Congress: To provide authority to the Federal Trade Commission to expedite rulemakings concerning consumer credit or debt and to direct the Commission to examine and promulgate rules with regard to debt settlement and ...
Downgrades For Spanish BanksThe Financial Times is reporting Downgrades loom for Spanish banksMay 20, 2009Bad debt problems at Spanish banks and cajas, the regional savings and loans institutions, have triggered at least one skipped interest ... (5 out of 5); Why Do Asset Protection 1 vote, average: 5 out of 5 (5 out of 5); Still in the loop Protect your family 1 vote, average: 5 out of 5 (5 out of 5); The expatriate advantage. 1 vote, average: 5 out of 5 (5 out of 5) ...
US Congress: HR 2309, The Consumer Credit and Debt Protection Act.
HR2309 Consumer Credit and Debt Protection Act on OpenCongress.
The US Senate passed a bill Tuesday aimed at providing increased consumer protection by imposing stricter regulation on the creditcard industry. The bill is known as the Credit Cardholders Bill of Rights Act of 2009 and heres a quick ...
According to figures released by the White House, credit card debt as of January 2009 stood at $963 billion. CreditCard.com also revealed that the average outstanding credit card debt for households was $10679 at the end of 2008. ...
One year ago, with spectacular timing, a Wall Streeter named Richard Bookstaber published a book on financial engineering. He called it A Demon of Our Own Design, and his argument was that a new breed of quants or quantitative numbercrunchers like him had created a system too complex to be manageable. The risks embedded in swaps and options were understood by only a handful of math ... Read more
The operator of Lone Star Park in Grand Prairie says it might have to liquidate its assets to raise funds to protect itself from creditors. (MECA) (MGA) (MIM) Read more