Money Snatchers

CIT Group Inc is planning to offer its unsecured debt holders two options: either exchange their debt voluntarily, or face a prepackaged bankruptcy, sources close to the situation said on Wednesday.

U.S. airlines’ successful scramble to sell new debt and issue new shares has all but eliminated the near-term cash crises that some analysts had feared. But there’s still huge amounts of risk involved, and analysts say that those who’ve been gobbling up more than $6 billion in airline paper and shares over the last three months could discover painfully just how much if business travelers willing …

U.S. airlines’ successful scramble to sell new debt and issue new shares has all but eliminated the near-term cash crises that some analysts had feared

LOS ANGELES, Sept.

I love hope these GOP losers are whining about debt from health care reform. Where were their backbones when Bush added $5.5 trillion more debt onto the American taxpayer with his unnecessary wars and tax cuts for the rich

Barkley Hound asked: This question is just theoretical since you would be throwing money away. If the amount withheld from your pay is greater than or equal to your tax liability are there any criminal repercussions for not filing a tax return? All penalties are based on percentages of the amount owed. Please don’t just [...]

A widow claims that debt collectors hounded her husband to death with as many as nine caustic calls per day, causing stress that contributed to his fatal heart attack. She’s suing the Florida couple’s mortgage company in a unique wrongful death case.

Resurgent debt markets have helped many refinance loans, keeping them from defaulting, but squeezing their cash flows as interest costs grow.

Resurgent debt markets have helped many refinance loans, keeping them from defaulting, but squeezing their cash flows as interest costs grow.

RAN L asked: For examples, I got almost 10,000 dollars tax return in 2006, but I only got no more than 7,000 dollars in 2007. I earn almost the same income in both 2006 and 2007. Can I amend the tax return in 2007 now? Please give me some advises. Thank you for helping.