We have long been concerned that for-profit colleges and trade schools have been aggressively pushing financially needy students to take on high-cost private student loan debt to help cover their costs. …
Travel Roundup: Wynn, Las Vegas Sands Amend Debt, Asia Feels Biz …
April 22, 2009 By
BNET Travel provides daily industry news coverage and insights for managers and executives about all aspects of the travel and tourism industry.
G.M. Likely to Skip $1 Billion Debt Payment – DealBook Blog …
April 22, 2009 By
General Motors is unlikely to make a $1 billion debt payment due June 1 because it expects to be in the process of restructuring its debt through a voluntary exchange or bankruptcy court by that point, a spokeswoman for the automaker …
Home Equity Loans to Pay Off Consumer Debt – Is It Wise?
April 22, 2009 By
You have surely heard about debt consolidation through home equity. Many debt advisors suggest applying for an equity loan in order to use the money to pay off consumer credit card debt.
Task force dives into finances of a consolidated school district (The Chetek Alert)
April 22, 2009 By
Members from both Chetek and Weyerhaeuser communities on the joint consolidation task force gathered in Weyerhaeuser Monday night for a presentation from consolidation consultant Roger Worner.
Debt Implosion Recession to Continue Into 2010 :: The Market …
April 22, 2009 By
Debt Implosion Recession to Continue Into 2010 :: The Market Oracle :: Financial Markets Analysis & Forecasting Free Website.
US outpaces Europe as banks shed bad debt
April 22, 2009 By
So far European banks have written off less than 25 percent of $1.4 trillion in bad debts. In a separate report, Calyon Securities analyst Mike Mayo told the Wall Street Journal that losses will crest at 3.5 percent of loans, …
Stocks To Watch Today : GM's Debt Plans Barely Move Needle On …
April 22, 2009 By
The CFO’s admission that GM plans to launch a debt exchange prior to the June 1 deadline for a $1 billion bond payment – and, more importantly, that the auto maker doesn’t plan to make that payment – as reported by The Wall Street …
GM Will Miss Its $1 Billion Debt Payment, Stock Plummet
April 22, 2009 By
General Motors Corp. will not make a $1 billion debt payment due June 1, its CFO, Ray Young, told reporters on Wednesday. Instead, it is hoping to complete a debt-for-equity exchange or be forced to resort to bankruptcy.
U.S. dealers to meet autos task force Thursday (Reuters via Yahoo! News)
April 22, 2009 By
U.S. auto dealer representatives will meet with the government task force charged with retooling the auto industry on Thursday to make the case that a bankruptcy for General Motors Corp should not be an option, a dealer group said on Wednesday.
