Thursday July 9, 2009 23:03
Posted by Alex as Real Estate, Recession
These days, everyone seems so easily displaced. Unemployment rates are still rising. Home foreclosures follow the same trend. When before, suburban America was the home of the American dream with the family home with white picket fences, today it's...
Thursday July 9, 2009 22:36
Posted by Alex as Featured, Government, Recession
AIG has asked the government whether it should honor retention bonuses that have been previously agreed upon including $325 million that has been on hold for its financial products unit. AIG allegedly asked the government-appointed in-charge Kenneth...
Tuesday July 7, 2009 16:51
Posted by Alex as Consumer, Credit Cards, Recession
The average American continues to struggle even with daily living. With unemployment and home foreclosures the largest threats, many are forced to make decisions between loans and necessities. That decision isn't really a tough one. Defaulting to...
Monday July 6, 2009 15:38
Posted by Alex as Banking, Consumer, Credit Cards, Featured, Recession
So everyone's practically pissed off at what happened to the economy. People are still losing jobs. Houses are still getting foreclosed. The average Joe is struggling to keep up even with living expenses. Amidst all this, there's the issue of credit....
Thursday July 2, 2009 15:36
Another bank bit the dust Thursday upping the total of failed banks in the US to 46 just for this year, the Federal Deposit Insurance Corporation announced. The latest to fall - John Warner Bank, a regional bank based in Clinton, Illinois. As for John...