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Debt-relief companies getting new FTC rules

Posted by on Aug 29th, 2010

New rules for debt companies Ever been ripped off by a debt settlement company? Good news: The Federal Trade Commission has issued new rules that will crack down on that industry’s worst practices soon.

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TaxVox: the Tax Policy Center blog :: Flaky Debt Reduction

Posted by on Jun 30th, 2010

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 …

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Hillary Blasts Greenspan on Debt, Says It Is a Threat to National …

Posted by on Feb 25th, 2010

Secretary of State Hillary Clinton took a swipe at Alan Greenspan today, saying the former Federal Reserve chair’s “outrageous” advice led to a ballooning national debt that Clinton said is now a threat to national security.

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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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Senate lifts debt ceiling by $290B – - POLITICO.com

Posted by on Dec 24th, 2009

A $290 billion increase in the federal debt ceiling narrowly cleared Congress.

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House prepares bills on debt ceiling, jobs

Posted by on Dec 11th, 2009

House Democrats are readying a package of bills for next week that will likely include a significant increase in the federal debt ceiling and tens of billions of dollars for job creation , hoping to clear the decks of two key issues before Congress adjourns for the year.

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In Germany, a Nostalgia for … Securitized Debt

Posted by on Nov 9th, 2009

German banks are trying to resuscitate securitized debt to get the credit markets moving again, according to a paper from the Federal Association of German Banks, which includes Deutsche Bank and Commerzbank , the country’s largest lenders.

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In Germany, a Nostalgia for … Securitized Debt – DealBook Blog …

Posted by on Nov 9th, 2009

German banks are trying to resuscitate securitized debt to get the credit markets moving again, according to a paper from the Federal Association of German Banks obtained by DealBook.

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Treasurys little changed after Fed buys more debt

Posted by on May 12th, 2009

Treasurys ended little changed Tuesday after strong gains a day earlier, as the Federal Reserve bought more government debt and economic data came in better than expected.