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Financial Services



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7Vote!

Ban on MPs claiming mortgages could end up costing taxpayer more

Today’s Daily Telegraph reports that Sir Ian Kennedy, the new head of IPSA - the Independent Parliamentary Standards Authority, set up to “represent a break from old practices and put in place a new independent system” on MPs’ pay and expenses - “plans to rip up the proposed reforms” unveiled ...

3Vote!

Kanjo the trust buster

A year ago the whole banking system in the United States and other countries came close to melting down. When Lehman Brothers failed and it looked like other giant investment banks might follow the government went into panic pass mode and the Congress authorized a $1 Trillion bailout that enraged just about about everybody on both the left and right. We were told that the big Wall Street firms were...

3Vote!

House readies for historic health-care vote

Obama expectecd on Capitol Hil Saturday to rally Democratic lawmakers on eve of vote, which could come later in day.

+Vote!

Five bank closures to cost FDIC fund $1.5 bln

A California-based bank that focused on the Chinese-American market was the largest of five failures on Friday that cost U.S. taxpayers more than $1.5 billion.

3Vote!

REPOSSESSIONS STATISTICS * USA - Index Decline in Trucking and Machine Tool in Q3 2009

NasTrac Quarterly , Nassau Asset Management's Index Shows Construction and Printing Equipment Repossessions Still Rising Westbury,NY,USA - PRNewswire/SOA World -Nov. 6, 2009: -- Repossessions and liquidations of trucking equipment and machine tools in the third quarter of 2009 declined as compared to similar figures from 2008, according to Nassau Asset Management's NasTrac Quarterly Index (NQI) ...

+Vote!

Ford = America - Federal Government

Want a great analogy to the inevitable fate of government-run health care? Look no further than the American automakers. At the beginning of the week, analysts and ordinary Americans alike were shocked to discover that Ford Motor Company, the only American automaker which did not take federal bailout cash, reported a profit of $997 million during the third quarter. Sure, if you look at how government...

+Vote!

Britain's Brown urges global tax

At G20 meeting, U.K. leader proposes transaction tax to help stabilize global financial system.

+Vote!

Treasury DKs Goldman/Fannie/BRK Tax Credit Scam

Due to an unexpected outbreak of rationality (and perhaps embarrassment), the Treasury department has rejected requests of Goldman Sachs and Berkshire Hathaway to purchase Tax Credits from Fannie Mae. This paper transaction would have provided precisely zero value to the taxpayers, and allowed these firms to add to the piles of bailout monies already received by [...]

3Vote!

World News Briefs -- November 7, 2009

Obama Praises Bravery at Fort Hood -- Wall Street Journal WASHINGTON -- President Barack Obama dedicated his weekly radio address Saturday to the shooting that occurred at the Fort Hood military base this week. Mr. Obama said he will be tracking the investigation into how suspect Maj. Nidal Malik Hasan, 39, allegedly shot and killed 13 people and wounded dozens of others on Thursday. The president...

3Vote!

IHB News 11-7-2009

Is everyone ready for the our block party on Monday night? Irvine Home Address ... 3 PRIMAVERA Irvine, CA 92614 Resale Home Price ...... $839,900 We sit and we sigh And nothing gets done So right, so clued-up We just get old And all the while Been torn asunder Bloc Party -- Compliments IHB News I want to invite everyone to our next IHB Block Party from 6:30-10:00 on Monday, November 9, 2009, at JT...

+Vote!

Nordic American Tanker Shipping Ltd.: Nordic American Tanker Shipping Ltd. - (NYSE: NAT) - NAT Chairman & CEO live on CNBC November 9, 2009

HAMILTON, BERMUDA (MARKET WIRE)

3Vote!

Freddie Mac loses $6.3B in 3Q

WASHINGTON — Freddie Mac's losses narrowed to $6.3 billion in the third quarter, but the gover...

3Vote!

Financial workshops set for Latino community

The Sacramento-based Consul General of Mexico has teamed with credit counseling agency ClearPoint for a weeklong series of foreclosure prevention workshops and personal financial advice, starting Monday in Sacramento and the northern San Joaquin Valley. Events are free to the region's Latino community and will be conducted in Spanish and English. Monday, Sacramento's Univision 19 will host a television...

3Vote!

Defense asks jury to clear ex-hedge fund managers

A defense attorney says the government failed to make its case against two former Bear Stearns hedge fund managers charged with lying to investors.

3Vote!

Lords of Finance – Liaquat Ahamed wins the Financial Times and Goldman Sachs Business Book of the Year Award 2009

October 29, 2009 London, 29 October 2009 – Liaquat Ahamed today won the Financial Times and Goldman Sachs Business Book of the Year Award 2009 for Lords of Finance: 1929, The Great Depression, and the Bankers Who Broke the World, published by William Heinemann. The Award was presented today at a gala dinner [...]

The 3 latest articles published by users on Financial Services :

3Vote!

I’m Almost Ready To Buy A Home, What Should I Do?

Well, the first thing you should do before you shop for your new home is to get a copy of your credit report and credit score! You can obtain a copy of your credit report and score from one or all of the three credit bureaus: TransUnion, P.O. Box 2000, Chester, PA. 19022,800-888-4213,www.transunion.com; Equifax, P.O. Box 740256, Atlanta, GA. 30374, 877-784-2528 ,www.equifax.com; Experian, P.O. Box...

3Vote!

Investing in Sacramento

Sacramento offers a variety of investment options to a prospective Sacramento investor. Residential real estate housing ranges from low-income properties to multi-million dollar estate s and is known to have had some of the best appreciation rates in the state. Sacramento has also seen marked advances in commercial real estate with the construction of new high-rise buildings, expansion of employment...

3Vote!

Increasing Foreclosure Problem

The recent report released by Mortgage Bankers Association on Mortgage Foreclosure numbers, revealed that at present the mortgage market is involved in the most awful foreclosure crisis in the recorded history. It is almost 15 percent of the sub prime borrowers defaulted and the prime borrowers have started to follow suit. During the last few years, many people with the help of easy credit and adjustable...