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The Hidden Cost of Spending While In Debt

Posted by on Mar 10th, 2010

For example, I’ve talked before about how we taped a picture of our daughter to our credit cards while we were paying down our debt . Many people I know use some sort of 30-day rule to curb their impulse desires, especially those which …

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Centerline Capital restructures debt

Posted by on Mar 8th, 2010

Centerline Capital Group said Monday it has completed a series of deals that allows the real estate asset management firm to substantially restructure its outstanding debt.

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Sioux Tribe settles tax debt with IRS, buys back land

Posted by on Mar 2nd, 2010

The Crow Creek Sioux Tribe has settled its tax debt with the IRS and lined up a loan that will enable it to buy back the 11 square miles of land the IRS sold at auction in December, the tribal chairman said.

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US debt is a national security matter: Clinton

Posted by on Feb 25th, 2010

Secretary of State Hillary Clinton warned Thursday that the record US budget deficit and national debt are matters of national security rather than just economics.

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Fitch upgrades ArvinMeritor debt ratings

Posted by on Feb 23rd, 2010

Credit ratings agency Fitch Ratings said Tuesday it upgraded ArvinMeritor’s main debt after the auto parts supplier announced plans to raise money through the sale of debt and stock to the public.

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Hedge Funds Bet on Greek Debt Default

Posted by on Feb 22nd, 2010

Even hedge funds without direct exposure to Greece have been insulating their portfolios against collateral damage in the currency or credit markets, as concerns over Greece’s ability to service its heavy debt have grown.

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Forgive Student Loan Debt To Stimulate the Economy

Posted by on Feb 20th, 2010

President Obama recently signed into law a $787 billion stimulus package on top of Bush’s grossly mismanaged $700 billion TARP bailout from last September. Several weeks ago, the Federal Reserve basically printed an additional …

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Blackstone, Hilton lenders agree on debt: source

Posted by on Feb 20th, 2010

Private equity giant Blackstone Group has come to an agreement to restructure its Hilton hotels chain debt, a source familiar with the situation said on Friday.

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Greece Names a Speculator as Debt Odyssey Goes On

Posted by on Feb 18th, 2010

The Greek press has started naming names as it looks for the culprits betting against its debt and the euro, and its accusation has been taken up by the blogosphere.

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3rd UPDATE:Fed’s Hoenig: Rising US Debt May Bring Next Crisis

Posted by on Feb 16th, 2010

3rd UPDATE:Fed’s Hoenig: Rising US Debt May Bring Next Crisis