Archive for the Renting & Real Estate Category

Debt management firms close following damning OFT investigation

Posted on January 29, 2011 by

Thirty debt management companies to stop trading after review found exploitation and miscommunication rife in the sector More than 30 debt management firms have agreed to stop trading and at least 15 are facing action from the Office of Fair Trading following an investigation into the debt sector. The OFT sent warnings to 129 firms in September 2010 after its review of debt management …

Distressed-Debt Investors Seek Stocks as Debt Bubble Looms, Survey Shows

Posted on January 26, 2011 by

Distressed-debt investors plan to focus more on riskier, equity-linked securities as a “bubble” in the leveraged-loan and junk-bond markets is poised to burst as soon as this year, according to a survey of 100 asset managers and traders.

Total Global Debt Has To Double To Over $200 Trillion By 2020 To …

Posted on January 19, 2011 by

In the process of doubling global debt , there may ‘even’ be “hotspots” – here are the key regions and the primary drivers for debt growth: retail segment credit, wholesale segment credit, and of course, government segment: …

European finance ministers in a bind with Spain, Portugal debt

Posted on January 18, 2011 by

The recession’s repercussions are still felt in Europe, as two more countries may have financial crises.

Congress urged to raise debt limit

Posted on January 16, 2011 by

The Congress must allow the country to borrow more to avoid a debt default that would wreak havoc on financial markets and imperil the U.S. economy, Democratic and Republican lawmakers said on Sunday.

Is China Really Funding the US Debt? | The Big Picture

Posted on January 14, 2011 by

I keep hearing people erroneously claim that China is funding US deficit spending. It seems that every eejit with a fundamental misunderstanding of mathematics.

Portugal move eases Europe debt crisis

Posted on January 13, 2011 by

— The intensifying European debt crisis appeared to take a step back from the brink on Wednesday when besieged Portugal was able to sell more than €1.2bn in long-term debt at much lower than expected interest rates.

Showdown looms over raising the nation’s debt limit

Posted on January 7, 2011 by

As lawmakers and the White House engage in another game of economic chicken, Treasury Secretary Timothy Geithner says hitting the debt ceiling would cause ‘catastrophic damage to the economy.’ The escalating battle over raising the legal limit on the nation’s debt is one that risks chaos in world financial markets and the creditworthiness of the U.S. government.

Rising Rates Reveal Debt Reality

Posted on December 30, 2010 by

The Fed?s lucky streak of luring bond investors with low interest rates may be drawing to a cl

Economy: Debt and Politics

Posted on December 29, 2010 by

Global leaders may not have much time in their schedules for Broadway shows, but it’s their loss if they’ve missed Al Pacino’s star turn on Broadway as Shylock in “The Merchant of Venice.”