Richard Koo is the brilliant Nomura economist who developed the framework of a "balance sheet recession" to characterize periods where private enterprises seek to reduce debt, rendering monetary policy largely useless, and thus requiring...Show More Summary
I think everyone has fantasized about winning the lottery. So much of our lives are spent working towards specific financial goals. Everyone wants to pay off debt, buy their dream house, and spend every summer on a tropical beach and every winter on a mountain. Some people want a wardrobe where they can wear different [...]Show More Summary
Alamy
Plenty of studies have shown that men and women think and act in different ways, but when it comes to credit card debt, both sexes demonstrate bad behavior.
NextAdvisor.com recently compiled research on men, women, and credit card...Show More Summary
Fix the Debt is the most recent incarnation of the Pete Peterson machine seeking imposition of austerity on the masses, ostensibly to address economic downturn.
With the cost of higher education skyrocketing, student loan debt growing, and youth unemployment persistently high, a former United States Secretary of Education asks "Is College Worth It?"
The grace period between February and mid-May, when the US spent like a drunken sailor without regard for even structural limitations, and raked up over $300 billion in debt, or said otherwise when it was without an official debt limit,...Show More Summary
Over one-quarter of D.C. residents have student loan debt. [ more › ]
When a listener asks a question about public broadcasting's debt to Zionist funders, the Diane Rehm show cuts him off
Personally, I am not a fan of debt. I like to invest in companies that have solid balance sheets with little or no debt, a strong cash position, and good current liquidity. That said, there is actually nothing wrong with a company using debt to improve shareholder returns, such as buybacks, takeovers and capital spending if the [...]
What is the single biggest economic problem facing people early in this century? It is not the budget deficit or national debt. It is the...
4 Companies That Are Being Strangled By Debt
New Prudential study shows African Americans' wealth building weakened by competing financial priorities, lagging investment product ownership Study provides a comprehensive look at family finances, money and debt, and financial knowledge NEWARK, N.J.--(BUSINESS WIRE)-- Prudential Financial, Inc. Show More Summary
So many large oil and gas companies are looking to unload assets to clean up their balance sheets that it's hard to get a decent price for the assets. Most of these sell-offs are to help companies bring their debt levels back under control, but that isn't always the case. Show More Summary
Cry if you want to. FEC reports are out! It’s tricky to determine the entire financial picture of the Democratic Party of Georgia due to different accounts for state and federal expenditures, receipts and debt. However, from an examination of expenditures on the federal account one can get a sampling of the situation. [...]
We can give ourselves a collective pat on the back for making progress on our credit card debt. The rate of decline for national credit card delinquencies in the first quarter of this year fell 19 percent compared to the final quarter...Show More Summary
Looking today at week-over-week shares outstanding changes among the universe of ETFs covered at ETF Channel, one standout is the WisdomTree Emerging Markets Local Debt Fund (AMEX: ELD) where we have detected an approximate $47.5 million dollar inflow — that’s a 2.3% increase week over week in outstanding units (from 38,400,000 to 39,300,000). Click here [...]
The latest Fed report on student loan debt includes some neat-o maps showing how all of America's student debt is distributed geographically. Washington DC sure is smart, and broke! Read more...
“In 1752, Prime Minister Henry Pelham converted the entire outstanding stock of British debt into consolidated annuities that would become known as consols. The consols paid interest on an annual basis just like regular bonds, but with no requirement that the government ever redeem them by repaying the face value.” -Slate Today we...Read More
Congratulations! And welcome to the adult world of debt. Remember: A Lannister always pays his debts, even if it might takes a long time. Link -via Blame It On The Voices
A.M. Best Assigns Rating to RenaissanceRe Holdings Ltd.'s Series E Preferred Shares OLDWICK, N.J.--(BUSINESS WIRE)-- A.M. Best Co. has assigned a debt rating of "bbb" to the $275 million 5.375% Series E non-cumulative redeemable preferred shares of RenaissanceRe Holdings Ltd. Show More Summary