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.
IMF, Troika Divided Over Greek Rescue
By Marlene Y. SatterDissension over Greece's second bailout is dividing the bodies that make up the troika, the so-called joint commission of the International Monetary Fund, the European Union and the European Central Bank.
October 17, 2011
Chinese Americans Don't Over-Borrow, Study FindsWhile 72 percent of Chinese-American households hold a mortgage, only five percent of those households have outstanding auto loans, and only three percent have any other type of consumer debt.
October 17, 2011
Chinese Americans Don't Over-Borrow, Study FindsWhile 72 percent of Chinese-American households hold a mortgage, only five percent of those households have outstanding auto loans, and only three percent have any other type of consumer debt.
October 17, 2011
G20 to EU: Crisis Must Be Fixed This WeekA meeting of G20 nations concluded on Saturday with an ultimatum to the European Union: fix the simmering debt crisis in one week. The 'or else' implied in the ultimatum is a complete meltdown of the global economy, worse than that which followed the Lehman collapse.
October 17, 2011
Banks Push Back Against Greek Debt CutsEuropean banks are pushing back against a plan for write-downs of Greek debt that would be great then than the 21% already agreed upon.
October 13, 2011
Suze Orman is Wrong, but About What?Suze doesnt hold any insurance licenses nor is she a licensed investment advisor; but you do and possibly you are. Is it appropriate advice to tell your clients to walk on their debt, and is that ethical or morally correct advice?
October 13, 2011
FINRA Dismisses Lehman Case Against Former EmployeeIn an arbitration case decided Tuesday, FINRA decided against Lehman Brothers, which sought to recover $259,084.12 from a former employee, Jennifer Lorenc Mitchell.
October 11, 2011
Greek Debt Writedown May Top 60%A debt crisis summit meeting of European leaders scheduled for October 18 was pushed back to October 23 amid a disagreement about the amount of Greek debt to be written down.