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For much of the last several months the attention of U.S. investors has been directed across the Atlantic, where various austerity plans, debt auctions, and credit downgrades have dominated the financial headlines and given direction to global equity markets. While the fiscal health of Europe has gradually deteriorated, several positive data releases over the last [...]
Archive for the ‘News’ Category
Vulgar voicemails force debt collector to pay $1.5 million
Posted by admin2 on May 30th, 2010
The harassing and threatening voicemail messages left on Allen Jones’ mobile phone are nothing short of vulgar.
“This shouldn’t be tolerated,” he said. “Nobody should have to experience what I had to experience.”
Debt collectors from Advanced Call Center Technologies, LLC left eight messages for Jones in August 2007 trying to collect what [...]
Posted in Debt Management, News 
Tags: Debt Collectors, Debt Management, Harassment, VoiceMail 
No Comments »Personal Bankruptcies Hit a High and May Keep Rising
Posted by admin2 on April 12th, 2010
In the fourth-floor courtroom of the U.S. Bankruptcy Court of the Southern District of California, which serves San Diego and Imperial counties (pop. 3.4 million), Chief Judge Peter W. Bowie’s docket is overflowing. Bowie has 77 Chapter 13 bankruptcies on his Tuesday calendar, one of which is the case of Juan Flores.
Flores, 55, is the [...]
The Latest Gold Fraud Bombshell: Canada’s Only Bullion Bank Gold Vault Is Practically Empty
Posted by admin2 on April 8th, 2010
Continuing on the trail of exposing what is rapidly becoming one of the largest frauds in commodity markets history is the most recent interview by Eric King with GATA’s Adrian Douglas, Harvey Orgen (who recently testified before the CFTC hearing) and his son, Lenny, in which the two discuss their visit to the only bullion [...]
10 Ways to Screw Over the Corporate Jackals Who’ve Been Screwing You
Posted by lorenzo on December 19th, 2009
Tired of getting pushed around by faceless big business? Here are 10 ways to push back!
The New Year is nearly here, and so much has happened. Wait, what’s that? Nothing major at all has happened, you say? Oh right, we’ve been stuck in neutral since dumping the toxic trash of the Republican Bush administration and [...]
Posted in News Tags: Credit Card Debt, Financial Crisis, Mortgage, Real Estate, Tips and Tricks No Comments »Like it or not, here comes more stimulus
Posted by lorenzo on October 22nd, 2009
There’s a push to extend some expiring provisions from the American Recovery and Reinvestment Act. But it will be done in bits and pieces.
You won’t see it all in one neat package. And you won’t hear the White House call it stimulus.
But there’s a good chance lawmakers will decide to extend some of [...]
Failures of Small Banks Grow, Straining F.D.I.C.
Posted by lorenzo on October 12th, 2009
A year after Washington rescued the banks considered too big to fail, the ones deemed too small to save are approaching a grim milestone: the 100th bank failure of 2009.
In what has become a ritual, the Federal Deposit Insurance Corporation has swooped down on a handful of troubled lenders almost every Friday, seizing 98 since [...]
Posted in News Tags: F.D.I.C., Financial Crisis, Goldman Sachs, T.A.R.P., Too big to fail No Comments »How Credit Cards Are Getting Meaner
Posted by Staff Writer on July 17th, 2009
What’s going on inside the minds of credit card companies now that the CARD credit card reform act is coming down the pike? A customer service supervisor for a major credit card company emailed us to give us the low-down: reduced grace periods, cutting credit lines, increased fees on balance transfers, and, of course, jacked [...]
Failed Bank List 2009
Posted by Staff Writer on June 27th, 2009
Read the list at Failure Magazine
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{Photography by locusolus}
Where Struggling Americans Can Find a Fresh Start
Posted by Staff Writer on June 17th, 2009
Looking to start over? Find a new job? A new house? Here are 20 U.S. markets where jobs are available and real estate is affordable
Thousands of Americans across the U.S. are wondering if they would be better off somewhere else. The question is where?
As unemployment and foreclosures continue to rise, stocks keep fluctuating, and cash-strapped [...]
