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.
Greece Urged to Walk Away From Debt
By Marlene Y. SatterMario Blejer, who managed Argentinas central bank after the country defaulted on its sovereign debt, said Tuesday that Greece should also walk away from its bills.He said it was the only way for Greece to stop its economy from deteriorating further.
September 01, 2011
Deferred LiabilityAmerican national debt held steady, in the $2-3 trillion range, for three decades until the early 1980s. It began to rise rapidly at that point, dipping briefly when it reached the $7 trillion mark in the late 1990s and then taking off in earnest after 2000.
August 31, 2011
German Cabinet Approves Bigger Rescue FundThe members of German Chancellor Angela Merkels Cabinet gritted their teeth and passed a measure on Wednesday that would provide for a larger rescue fund in response to the euro zone debt crisis.
August 29, 2011
Deficit Reduction Committee Gets to WorkCongress solution to the debt limit crisis and rising deficits is fully operational, but many are left wondering whether the bipartisan Joint Select Committee on Deficit Reduction is capable of fulfilling its mandate.
August 22, 2011
China to Be Hurt by ‘Black Death’ of Europe’s Debt Crisis: CommentaryA commentary appearing in the overseas edition of the People's Daily, the chief newspaper of the Chinese Communist Party, said that the euro zone debt issue was spreading like the Black Death and would harm China itself.
August 17, 2011
ACLI to NAIC: Some Asset-Backed Securities are Different from OthersThe American Council of Life Insurers wants insurance regulators to distinguish between different types of non-mortgage asset-based securities when rating ABS assets.
August 16, 2011
Fitch Reaffirms Triple-A U.S. Debt RatingFitch Ratings affirmed the United States Triple-A debt rating Tuesday and called the countrys outlook 'stable.'