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.
Merkel Thwarted on Debt Buyback by Parliament
By Marlene Y. SatterAngela Merkel, chancellor of Germany, finds herself in a tight spot. She was put there by her own government as members of parliament in the ruling coalition on Wednesday passed a nonbinding resolution opposing the repurchase of debt by the European Stabilization Mechanism when that vehicle replaces the existing euro...
February 07, 2011
TD Ameritrade Conference: Simpson, Bowles Offer Straight Talk on Debt ReductionThe Friday morning general session of TD Ameritrade’s national conference in San Diego featured a conversation with former U.S. Senator Alan…
February 07, 2011
Egyptian Pound Hits Six-Year Low; Debt Insurance Costs Fall as Banks ReopenEgypt was still the focus of financial as well as political turmoil on Monday as its banks reopened for business.
February 02, 2011
Portugal Borrowing Costs Fall on Treasuries Sale; S&P Cuts Ireland RatingFinancially troubled Portugal raised 1.26 billion euros ($1.74 billion) in a Treasury bill sale Wednesday and its borrowing costs fell as tension over Europe's debt woes continued to ebb, though, Ireland saw its credit rating cut by Standard & Poor's.
February 01, 2011
A Holiday in CambodiaAuthor and foreign policy expert Ian Bremmer recounts a meeting with a highly-placed Chinese official in the wake of the recent financial crisis in which the official began, “Now that the free market has failed …”
February 01, 2011
Executives Worldwide See Spending Cuts as Top Fix for Government DebtA survey by RBC Capital Markets said that top business executives worldwide, concerned about the level of debt in their nations’ economies, saw spending cuts, not tax increases, as the chief remedy for governments.
January 27, 2011
S&P Cuts Japan’s Rating for First Time Since 2002; Euro RisesStandard & Poor’s cut Japan’s sovereign debt rating by one notch on Thursday, saying that the nation “lacks a coherent strategy” to cope with a debt level that it predicts will only peak in the mid-2020s.
January 26, 2011
Treasury’s Toxic Mortgage Program Making MoneyThe Legacy Securities Public-Private Investment Program undertaken by the government in an effort to stabilize the real estate market appears to be hitting pay dirt—for both investors and taxpayers.