Loan Relief Now

The sub-prime mortgage crisis may currently be the sexier story about ill-advised loans, but car and truck loans have become of increasing concern to consumers as well. Shockingly, 45% of car loans are for 6-year terms or longer, according to the Los Angeles Times.
The Times recently reported on the growing length and risk of loans […]

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Brilliant, scathing…genius!
Wall Street Journal Article on the ridiculous BSC and Warren Buffet rumors today

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Rumors of BHP Billiton learning they possess the world’s largest single supply of gold at their Olympic Dam location. The news will be confirmed or denied this coming Wednesday, September 26th. The news of the rumor broke over the weekend, and according to Google, opened at 75.75 this morning in pre-market trading. It climbed as […]

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I was looking through the companies who are announcing earnings today, and lo and behold stumbled upon Global Crossing. For those who don’t know, back in the glory days of the dot com bubble, Global Crossing was one of the golden, do-no-wrong poster children. Except, of course, that they did do wrong. The executives exorbitant […]

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The Dow Jones has been experiencing a great deal of volatility over the last month. We’ve seen 100 point swings or greater as nearly an everyday occurance. What gives? Well, bond traders may provide part of the answer. The New York Times reports, “stock investors often take their cues from the fixed-income market anyway, […]

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As we mentioned in the previous post, according to Federal Reserve chairman Bernanke, the Federal Reserve does not expect broader economic damage from the ever-increasing number of mortgage defaults. In light of recent efforts by Congress to regulate the subprime lending market by placing greater restrictions on lenders, Bernanke went even further. According to the […]

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With the speculation that the Fed will keep interest rates unchanged, some banking stocks appear to be headed for short-term pullbacks. Business activity appears strong, and therefore change is unlikely. As the article explains in simple terms, if the economic data looked more bleak, the Federal Reserve would lower interest rates to encourage borrowing (and […]

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