Money Snatchers

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.

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 …

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.

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 …

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

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.

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.

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.

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.