Bruce Willis Hits Russia »
Actor Bruce Willis is hitting up Russia by becoming the new spokesman for a Russian banking company called Trust Bank. According to statements from the bank, Mr. Willis is the epitome of the Trust Bank’s motto of loyalty and trust. Posters have already started going up in Moscow showing Bruce Willis on them.
Mr. Willis is [...]
Is Medicare Fading Out »
A governmental panel of high class Republicans and Democrats have come together to help put out the flames of the countries rising debt by making adjustments to Medicare and Medicaid. These adjustments call for the recipients of these insurance coverage plans to pay out more and have Medicare and Medicaid pay out much less than [...]
Mortgage Defaults Slowdown »
The financial crisis is still in full swing for most, but the good news is that the third quarter findings show that homes with late mortgage payments has actually gone down. This is really great news, except that the number of first time foreclosures has risen.
With defaults slowing down shows us that the financial meltdown [...]
Financial Aid for Ireland Ready »
Britain is standing ready to help Ireland with its debt issues by raising around 7 billion pounds. Since Ireland is one of Britain’s closest neighbors, having them fall into financial ruin would greatly affect Great Britain as well. Ireland holds quite a few financial ties to Great Britain and any failure for Ireland is sure [...]
Citigroup Helping out Small Business Banking »
Citigroup has decided to help out the small business banking by hiring 200 small business bankers by the end of 2011. Citigroup basks in the sunlight of some of the world’s largest corporations as banking customers and is now looking to reinvest itself in the American small business sector by hiring more small business bankers [...]
Buyers Want Money Back »
The new apartment complex in Queens received a suit filed against it from the individual buyers wanting their money back. The suit states that the buyers were unable to receive loans after the financial meltdown and were not able to make closing. With the developers failing to file any disclosure statements, the buyers feel they [...]
New York Trolls Debt Collectors to Outsource »
New York Attorney General and future governor Andrew Cuomo made a great leap with consumers when he took on the practices of debt collectors that broke consumer protection laws. He even insisted that anyone who had foul experiences with these debt collectors to contact him and he would settle things on their behalf.
The consumers he [...]
GM Goes 0 to 60 With Public Trading on Again »
While GM had gotten the bailout from the taxpayers not too long ago, its ability to go back to being publicly traded seems to have been a very good idea. With this being the company’s largest stock offering to date, almost half of the money that was given to GM has already been back.
The initial [...]
American Media Files Bankruptcy »
American Media Inc. the parent company of world famous tabloids the National Enquirer and the Star, has filed for Chapter 11 bankruptcy in a New York court. The papers reportedly state that American Media has liabilities anywhere between $500 million and $1 billion with less than $50,000 in actual assets.
The company has stated that around [...]
