Money Snatchers

The inability for the US to grow its way out of the current recession due to massive debt obligations both public and private is discussed in this essay.

Oh, and the haircut assumed by the ECB on sovereign debt in its stress tests?

Debt capital market bankers in Europe face a busier-than-usual summer as they help governments and financial institutions plough through an estimated backlog of about 210bn of bond issuance put on hold by the eurozone sovereign credit crisis.

On the day when the Congressional Budget Office projected that the federal debt could reach 185 percent of Gross Domestic Product by 2035, consider a bill introduced by two Arizona lawmakers, Senator John McCain and Representative Jeff …

New Zealanders’ concerns about debt are restraining the economic recovery as people focus on deleveraging rather than spending money, according to the chief executive of the country’s biggest listed company and largest building materials…

A debt collector has been chasing failed finance company boss Rod Petricevic and his wife Mary in connection with more than $2.2 million transferred to a Petricevic family from a Bridgecorp-related finance company. read more

Debt settlement companies draw regulatory scrutiny

Debt settlement companies draw regulatory scrutiny

X-debt, a trading name of Debts Solved Limited is consistently ranking in the top 10 for approved Individual Voluntary Arrangements in the UK, according to data from The Insolvency Exchange.

Debt relief agencies seem to be getting a bad rap from the media recently and it’s hard to know which programs can actual help consumers avoid bankruptcy. Total Debt Relief explains how to identify legitimate agencies. read more