Student Loan Debt
How advisors can help clients understand the burden of student loan debt and the best ways to reduce, eliminate or manage the debt load.
Everybody Knows
By thinkadvisorThe town where my grandparents lived was largely settled by Irish immigrants, and to this day, people there still speak with a hint of an Irish lilt. One day, we encountered a drunk man on the sidewalk, of whom my disapproving Nana said, Not every Irish here is a drunk,...
December 22, 2011
Greece's Creditors Resist IMF Push for Bigger LossesGreeces creditors are pushing back against an IMF drive to get them to accept larger losses on the countrys sovereign debt, with one Madrid-based hedge fund pulling out of the debt swap talks over the matter.
December 21, 2011
European Central Bank Lends $639 Billion Over 3 YearsThe European Central Bank loaned a massive euro489 billion ($639 billion) to hundreds of banks for an exceptionally long period of three years to shore up a financial system that is under pressure from the eurozone's government debt crisis.
December 21, 2011
European Central Bank Lends $639 Billion Over 3 YearsThe European Central Bank loaned a massive euro489 billion ($639 billion) to hundreds of banks for an exceptionally long period of three years to shore up a financial system that is under pressure from the eurozone's government debt crisis.
December 21, 2011
ECB Lends to Banks to Keep Credit FlowingThe European Central Bank surprised analysts by offering a record amount of 489 billion euros in loans to stressed banks.
December 20, 2011
IMF May Miss Target for Eurozone FundBritain's decision not to contribute to the IMF's bailout fund for the eurozone casts doubt that the rescue plan will work.
December 19, 2011
Why Are U.S. Bond Yields So Low?In a fascinating piece of recent economic research, two analysts at the Cleveland Fed ask why U.S. bond yields are falling when the interest rates of European sovereigns facing similar debt issues are soaring. Their answer is more disturbing than reassuring.
December 19, 2011
Moody's Downgrades BelgiumBelgium saw its credit rating cut Friday by two notches, as Moody's said that the debt crisis in the euro zone was increasing risk for all countries carrying a heavy public debt burden.