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Western Financial shares surge on Desjardins takeover bid

December 28th, 2010

Western Financial shares surge on Desjardins takeover bid
Shares in Alberta-based Western Financial Group, surged Friday by .64, or 67 per cent, to .09 after Quebec financial leader Desjardins Financial Group made an offer to buy the company for 3 million
Read more on National Post

20 personal financial tips for 2011
When was the last time you sat down and evaluated the cost of your lifestyle?
Read more on ABC Action News Tampa Bay

Most companies restore 401(k) employee matches
DES MOINES, Iowa — The stock market has rebounded nicely, yet there’s still more good news when it comes to 401(k)s. Most of the companies that suspended their matching contributions as the economy tanked have either restored the match, or plan to within the next six months.
Read more on Washington Post

Q&A: Can a creditor (personal debt) seize a bank safe deposit box?

December 28th, 2010

Question by no.prize: Can a creditor (personal debt) seize a bank safe deposit box?
My family shares a safe deposit box. One of the family members has some debt (under k). Can the creditor seize or freeze the box if it is shared by all the family? Should we remove that family member’s name from the account to protect ourselves from getting entangled?

Best answer:

Answer by golferwhoworks
probably not butbe safe yes

Add your own answer in the comments!

Can we do anything about the Personal Debt Crisis in this country?

December 27th, 2010

Question by pdooma: Can we do anything about the Personal Debt Crisis in this country?
Even when the Dow was over 13,000…when unemployment was at 4%…Americans STILL overspent!

Now, average credit card debt is 13. The average household credit card debt is 00.

These numbers are actually LOWER than they had been. October, 2008: 08 per adult, 88 per household But this is still really high. Why can’t Americans spend within their means? These aren’t necessarily working class poor that racks up this debt out of necessity, but middle and upper class people who simply can’t stop spending.

Best answer:

Answer by heathersonline
pay w/ cash

Add your own answer in the comments!

Make a resolution for better finances in the New Year

December 27th, 2010

Make a resolution for better finances in the New Year
LONDON, UNITED KINGDOM–(Marketwire – 12/23/10) – Financial solutions company Think Money ( http://www.thinkmoney.com/ ) has encouraged people to make a point of getting on top of their finances in the New Year, warning that despite some improvement in the economy this year, there are still difficult times ahead. The comments come after research by R3 found that almost …
Read more on Marketwire via Yahoo! Finance

The ‘Repo-Demo’ Party’s Three Phase Austerity Plan for America
by Jack Rasmus The Bush tax cuts are now extended. What cost .4 trillion over the past decade, 80% of which accrued to the wealthiest households and U.S. corporations, will now cost another 2 billion over the next two years and a projected trillion over the coming decade. read more
Read more on CommonDreams.org

Recession depression: Change the way you think
The ongoing recession has done much more than affect our collective pocketbooks. It has also driven many to depression — and even suicide.
Read more on Mail & Guardian

Is credit counseling right for you?

December 27th, 2010

Credit counseling, debt settlement and debt consolidation are not all the same — and it’s important to know what you’re getting when you sign up.
MSN Money Finance Tips

Wake up, NY

December 27th, 2010

Wake up, NY
The news that the Empire State will lose two more seats in the US House of Representatives should be an urgent wakeup call to all New Yorkers, particularly our elected officials. We’ll drop to just 27 House seats after 2012, the lowest number in 200 years — because the…
Read more on New York Post

Forex: U.S. Dollar Mixed On Holiday Trade, Euro To Pare December Rally
The major currencies are likely to face choppy price action going into the North American trade as market liquidity thins ahead of the Christmas holiday, but the slew of event risk scheduled for Thursday could spark increased volatility across the financial markets as investors weigh the prospects for future growth.
Read more on Daily FX

Hall of Valour to reopen in Canberra

December 26th, 2010

Growing rich
Personal Debt

Image by alancleaver_2000
Growing rich – if only it were that simple! You’ll find other free photos in my Freestock set. Please credit Alan Cleaver.

Hall of Valour to reopen in Canberra
The Australian War Memorial has opened its renovated Hall of Valour with a display of Victoria Cross medals and personal artefacts.
Read more on Sydney Morning Herald

Hall of Valour to reopen in Canberra
The Australian War Memorial has opened its renovated Hall of Valour with a display of Victoria Cross medals and personal artefacts.
Read more on The Age

‘Hard’ vs. ‘soft’ credit pulls
How your credit record is pulled will affect your credit score: One type of inquiry is harmless, the other will cost you points
Read more on FOX Business

Ritter issues 20 pardons
DENVER — Denver anti-gang activist Leon Kelly is among 20 people receiving pardons from Gov. Bill Ritter, who leaves office Jan.
Read more on Boulder Daily Camera

Lastest Personal Debt News

December 26th, 2010

Home sales bounce back, 3rd-quarter GDP raised
By Lucia Mutikani
Read more on Reuters via Yahoo! Singapore News

Whitney Overreaches With Muni Meltdown Call
Meredith Whitney’s forecast for municipal bond defaults in 2011 is possibly the most overreaching of her career, says Joe Mysak
Read more on BusinessWeek

EUR/CHF Buy Recommendation Issued @1.2460; Stop 1.2360
The China-Portugal story continues to prop the Euro on Wednesday trade, while the Pound once again underperforms on softer economic data…
Read more on Daily FX via Yahoo! Finance

Warner, Chambliss aim for deficit plan in 2011

December 25th, 2010

credit cards
Personal Debt

Image by [s e l v i n]
livin’ on a ‘credit’…

Warner, Chambliss aim for deficit plan in 2011
Fresh off an election in which the ballooning budget deficit weighed heavily on voters’ minds, a huge bipartisan majority of senators agreed last week on a tax-cut package that would add hundreds of billions of dollars to the national debt.
Read more on Washington Post

Sale of paper mill raises hopes
MADISON — The town’s top employer and tax contributor, Madison Paper Industries, is part of a corporation being sold to a leading Finnish forest industry company for .2 billion.
Read more on Kennebec Journal

Local man pleads not guilty to embezzlement
BENNINGTON — A Shaftsbury man pleaded not guilty Dec. 2 in Bennington Superior Court Criminal Division to allegedly using his employer’s credit card for his personal use.
Read more on Bennington Banner

Lastest Personal Debt News

December 25th, 2010

WRAPUP 3-US home sales bounce back, 3rd-quarter GDP raised
* Existing home sales rise 5.6 percent in November * Q3 growth raised to 2.6 percent pace on inventory build * Gain in consumer spending revised down to 2.4 percent * Core PCE price index increase smallest …
Read more on Reuters UK Focus via Yahoo! UK & Ireland Finance

Canada’s real health costs hidden, unsustainable: IMF
Governments at the provincial and federal level have not been honest with Canadians about rising health care costs that will someday swamp budgets, the International Monetary Fund warns.
Read more on CTV Toronto

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