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.
Chinese Ratings Agency Warns of de Facto Default on U.S. Debt
By Gil WeinreichThe Moody’s of China, Dagong Global Credit Rating Co., has warned bond investors that the United States is on the path of insolvency. “In our opinion, the United States has already been defaulting,” said Guan Jianzhong, Dagong’s president.
June 08, 2011
State of Economy: ‘Things Aren’t Getting Worse,’ Says Milken’s DeVolMilken economist Ross DeVol says the economy can recover so long as price of Arab oil doesn't dramatically spike again.
June 07, 2011
Disability Insurance to Cover Business LoansWhen business owners apply for a loan from a bank, oftentimes the bank wants the debt insured in the event the loan payer becomes sick or injured.
June 07, 2011
Disability Insurance to Cover Business LoansWhen business owners apply for a loan from a bank, oftentimes the bank wants the debt insured in the event the loan payer becomes sick or injured.
June 07, 2011
IMF's Greece Debt Idea Might Not Fly With RatersThe IMF is considering granting Greece an extension on its loans, but some rating agencies are leery.
June 06, 2011
Financial Crisis in Spanish Regions Pressures Central GovernmentA major Spanish region, akin to a U.S. state, has been declared “totally bankrupt” by the incoming administration. Spokesmen for the People’s Party in the Castilla-La Mancha region accused the previous socialist government of destroying unpaid bills totaling 2 billion euros.
June 03, 2011
Debt Ceiling Update: Senate Hearing, Ag Subsidy Cuts Loom in Political FightDebt-ceiling talks: posturing exceeds progress, but presidential race may provide impetus to deficit reduction ideas.
June 03, 2011
Bank of Ireland Rescue Will Hit Both Bond and Share HoldersBank of Ireland is intent on raising $6.1 billion in fresh capital, announcing plans of Friday for a new stock issue that will buy back debt at a steep discount