Students snap up tickets to decadent Cambridge Might ball at £500 a pair Guests will sip vintage champagne and enjoy fireworks, magicians, casinos and fairground rides during ‘a spectacular evening that they will remember for the rest of their lives’. Read more on Daily Mail Former Football Pro Launches Next Prodigy Sports — Designed to [...]
Thursday, May 12, 2011
St. Louis foreclosures hit nearly-three-year low Buthousing recovery remains a long way off Read more on St. Louis Post-Dispatch Activists Inflate North Carolina Consumer Loan Costs Opposing NC HB810 Activists have grossly overstated costs for North Carolina consumer loans in an attempt to oppose proposed North Carolina (NC) legislation in Home Bill (HB) 810. Read [...]
Friday, May 6, 2011
A Renewed Crackdown on Redlining In the wake of the subprime implosion, the Obama Administration has stepped up its scrutiny of disadvantaged neighborhoods’ credit access Read more on BusinessWeek Honda Reels From Quake, Stock Might Sink We currently have a Trefis price estimate of .04 for Honda stock, about 5% below the current mark Read [...]
Tuesday, May 3, 2011
Chrysler reaches refinancing deal, will repay its bailout loans: Chrysler will take out bank loans and sell debt later this quarter to repay .6 billion in bailout loans from the U.S. and Canadian governments, the automaker stated Thursday. Read more on AutoWeek Farm loans from PSBs at 4% after latest 100 bps cut In a [...]
Thursday, April 28, 2011
Bernanke press conference: a less-reserved Federal Reserve Two of Washington’s white-marbled institutions – the Supreme Court and the Federal Reserve – are also the most shrouded with a mystique about their inner deliberations. Of the two, the Fed took the lead this day and threw open its windows by a good measure. Read more on [...]
Monday, April 25, 2011
Dan Pompei: Local OT will bring brains, brawn to NFL It’s too bad they are unlikely to have shot at homegrown offensive tackle If you phone in a delivery order from Oregano’s in Hawthorn Woods, do not be alarmed if a very massive man shows up on your porch with that plate of Shrimp a [...]
Friday, April 15, 2011
Friend? Foe? Loan Shark? Settlement Loans Targeted The Assembly Judiciary Committee ran into a storm of opposition Tuesday from business leaders and legal aid attorneys over a proposal to regulate companies that advance money to individuals waiting for judgments and settlements in personal injury lawsuits. Assembly Read more on Las Vegas Review-Journal Mayor and city [...]
Saturday, April 9, 2011
Japan’s central bank maintains razor-thin interest rate, offers cheap post-quake loans The Bank of Japan (BOJ) on Thursday stated it will maintain its key interest rate at a razor-thin zero to 0.1 percent in a bid to boost the nation’s flagging economy, weighed on by the devastating affects of the March 11 earthquake and tsunami. [...]
Thursday, April 7, 2011
PIK Your Poison – Back to Bubble-Era Bonds Collective amnesia continues to spread in junk debt markets with the renaissance of yet another top-of-the-bubble innovation, the PIK toggle bond. Payment-in-kind toggles let borrowers pay interest with bonds instead of cash when their bank accounts get tight. If that sounds a lot like the no-interest loans [...]
Wednesday, April 6, 2011
Portugal raises .4B at high cost as rescue looms Portugal managed to raise about euro1 billion (.4 billion) in a Treasury bill sale Wednesday but paid a high rate for the cash as it appears inevitable the debt-stressed country will soon need a big bailout. Read more on AP via Yahoo! News Government shutdown: Potential [...]
Sunday, May 15, 2011
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