Money Snatchers

CIT Group Inc is seeing little interest from bondholders in a debt exchange offer aimed at repairing its fragile balance sheet, making bankruptcy increasingly likely, sources familiar with the matter said.

CIT Group Inc is seeing little interest from bondholders in a debt exchange offer aimed at repairing its fragile balance sheet, making bankruptcy increasingly likely, sources familiar with the matter said.

Standard & Poor’s Ratings Services expects the U.S. government’s $12.1 trillion debt limit to be increased this quarter, according to an article published today on RatingsDirect “The U.S. Debt Ceiling

Yahoo had a lot of ‘technical debt ‘—systems that most companies would call legacy infrastructure—and has it just about paid off. Sam Pullara, c.

India’s top vehicle maker Tata Motors raised 750 million dollars on Friday from investors and said it would use the funds to repay debt from the purchase of British car icons Jaguar and Land Rover.

The European Union launched action against nine countries on Wednesday over excessive debt levels which have now engulfed 20 of the bloc’s 27 nations.

Financial planners fielded calls from readers with a variety of concerns ranging from getting out of debt to planning for their children’s college education.

Linda M asked: I have one child and I earn 980 pounds last year?can I get tax return and how?Can you explain what the Tax credit is?

A CBS newsman who prosecutors said was desperate and deep in debt was charged Friday with trying to blackmail David Letterman for $2 million in a plot that forced the late night comic to acknowledge having sex with some of the women who have worked for him.

The financial crisis suggests there’s a strong argument for the BBC remaining state-owned and not carrying adverts. Yes, this claim looks bald