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WEDNESDAY, NOVEMBER 25, 2009
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NEWS ABOUT: debt

debt stories: 103 news summaries

41 - 60 of 103 Stories | << Prev 1 2 3 4 5 6 Next >>

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Don't Let Debt Outweigh
Your Marriage

Money rifts are leading cause of early marriage troubles

Apr 1, 09 9:15 AM CDT
(Newser) - Debt can be a major source of strife for newlyweds—and in today’s economy, that trouble may be magnified. But it need not cause a rift, writes Jeff D. Opdyke in the Wall Street Journal. Some tips:
  • Firm up your money goals in a joint “financial mission
... More »

MORE ABOUT:
marriage • debt • relationship

Palin May Create Fund
to Pay $500K in Legal Bills

Guv may start a legal fund to handle costs

Mar 21, 09 10:49 AM CDT
(Newser) - Sarah Palin has racked up more than $500,000 in lawyers' bills defending herself against ethics complaints and may create a legal fund to help pay them off, the Anchorage Daily News reports. The Alaska governor calls the complaints “baseless” and chalks them up to "political blood sport.... More »

MORE ABOUT:
ethics • Alaska • debt • governor • legal fees • Sarah Palin

UPDATED

 China 'Worried' 
 About US Debt 

Dollar, Treasurys fall as Wen voices concern

Mar 13, 09 7:45 AM CDT
(Newser) - The dollar and US Treasury bonds fell today after Wen Jiabao, the Chinese premier, voiced concern about the safety of US debt. As the American government's largest creditor, China has asked for reassurances that the US government demonstrate the safety of China's assets. "To be honest," said Wen,... More »

MORE ABOUT:
China • Beijing • debt • National People's Congress • growth • Chinese economy • Wen Jiabao

OPINION

Calm Down, Government Debt Won't Kill Us


Mar 4, 09 12:11 PM CST
(Newser) - Republicans have become born-again deficit hawks, decrying the debt President Obama is handing America’s grandkids. “What’s missing,” writes Steven Pearlstein in the Washington Post, “is any sense of perspective.” The added $2 trillion pales before the $66 trillion spent annually on Social Security and... More »

MORE ABOUT:
Barack Obama • debt • deficit • national debt • fiscal conservatives • Obama administration • Steven Pearlstein • President Obama

 Clinton to China: Economy Trumps Human Rights

Other issues 'can't interfere' with economic crisis, she says

Feb 20, 09 12:16 PM CST
(Newser) - The US still cares about human rights in China, but "those issues can't interfere on the global economic crisis, the global climate change crisis, and the security crisis," Hillary Clinton said today in Beijing. In fact, it's the economic mess that makes strengthening ties with China a priority,... More »

MORE ABOUT:
China • Hillary Clinton • human rights • debt • economy • Obama administration

Sirius Creditors Ready
to Go After CEO

If company files for bankruptcy, they could ask judge to remove him

Feb 16, 09 10:54 AM CST
(Newser) - Sirius XM Radio's creditors want the company to make a deal with an investor rather than file for bankruptcy, and they're prepared to go after CEO Mel Karmazin's job if things don't go their way, the Wall Street Journal reports. "The board of directors should carefully consider the ramifications"... More »

MORE ABOUT:
Mel Karmazin • satellite radio • investors • bankruptcy • debt • Sirius XM • creditor

OPINION

 Krugman: We've All 
 Been Madoffed 


Feb 16, 09 8:38 AM CST
(Newser) - Bernie Madoff’s investors thought they were getting richer every quarter. Then, one day, they discovered their wealth “was a figment of someone else’s imagination,” writes Paul Krugman in the New York Times. And sadly, that’s a pretty good metaphor for America’s experience this... More »

MORE ABOUT:
debt • Paul Krugman • savings • market bubble • economy • Great Depression • Bernard Madoff

 LiLo's Mom Has Tax Trouble 

Celeb mom's tax lien will go up for auction

Feb 13, 09 10:20 AM CST
(Newser) - Dina Lohan is a busy woman, what with all those kids to pimp out. Too busy to pay her taxes, apparently—she owes Nassau County, NY, $11,485.74 in back taxes, TMZ reports. If LiLo and Ali's infamous mother doesn't pony up, her tax lien will go up for... More »

MORE ABOUT:
taxes • Lindsay Lohan • Dina Lohan • debt • auction • Long Island • Ali Lohan • Nassau County, NY

ANALYSIS

America's Biggest Banks Are Zombies

Many are already insolvent, and feds will need a bolder plan

Feb 13, 09 8:30 AM CST
(Newser) - In the corridors of Wall Street and Washington, a worrying consensus is growing: Some of the nation's largest banks are in fact insolvent. If banks reassessed the value of the complex mortgage-backed securities that taint their balance sheets, they would outweigh all assets on hand, writes Steve Lohr of the... More »

MORE ABOUT:
debt • mortgage backed securities • banks • financial crisis • insolvent • toxic assets

30 Years of Bail Jumpers
Owe Philly $1B

Outstanding payments date back to the 1970s

Feb 8, 09 7:33 PM CST
(Newser) - Criminal defendants who skipped court dates in Philadelphia owe the city a total of $1 billion, the Philadelphia Inquirer reports. For decades, the city has done little to try to collect full bail payments from those who don’t show. Critics say the system is farcical. “Bail judgments just... More »

MORE ABOUT:
debt • Philadelphia • bail • collection agencies • Philadelphia mayor

glossies

Credit-Addicted Family
Faces Life on $550 a Month

On top of the list: no restaurants

Feb 8, 09 5:20 PM CST
(Newser) - His wife kicked him out for 9 months for overspending. Now W. Hodding Carter is helping his family try the unthinkable: living within their means. Saddled with credit-card debt after years of pricey counter tops and dreams of wealth, Carter’s family of six plans to make do with their... More »

MORE ABOUT:
debt • recession • financial crisis • frugality

(Newser) - Frank Ahearn just may be the world's top expert on vanishing without a trace—either finding people who have done so or helping others pull off the trick. In a profile of him and his craft, the Times of London notes that the California man has gotten so many inquiries... More »

MORE ABOUT:
Internet • privacy • mob • debt • disappearance • Monica Lewinsky • John Darwin • Anne Darwin • domestic abuse • bank secrecy • witness protection

 Minneapolis Newspaper 
 Files for Bankruptcy 

Star Tribune, overwhelmed by debt, plans to keep operating under reorganization

Jan 16, 09 2:44 PM CST
(Newser) - The Minneapolis Star Tribune has filed for bankruptcy protection after missing payments to creditors, the paper reports. Like most other 3-D news outlets, the 15th-largest daily in the country has seen a steep decline in advertising revenue. The Chapter 11 filing shows assets of $493.2 million and debt... More »

MORE ABOUT:
newspaper • bankruptcy • debt • Minnesota • circulation • Chapter 11 • Minneapolis Star-Tribune • St. Paul Pioneer Press

Scamsters Cash In on Foreclosure Crisis

Phony rescuers collect big upfront fees from desperate homeowners

Jan 15, 09 3:44 AM CST
(Newser) - A new breed of crook is getting rich preying on homeowners desperate to fend off foreclosure, the New York Times reports. Scamsters set themselves up as "foreclosure rescue companies,” collect big upfront fees for the promise to modify loans, then do little or nothing to help. Some people... More »

MORE ABOUT:
fraud • foreclosure • mortgage • debt • housing • scam • mortgage loans • loan • homeowners • recession depression

(Newser) - German businessman Adolf Merckle, 74, killed himself yesterday in the face of mounting debt and a crumbling multibillion dollar empire, Bloomberg reports. Merckle’s personal fortune of $9.2 billion put him 94th on Forbes' list of the world’s richest people, but his holding company, which owned stake... More »

MORE ABOUT:
suicide • Germany • obituary • debt • global economy • economic downturn • Adolf Merckle • holding company • Heidelberg • recession depression

(Newser) - The Big Three automakers are broke and begging for cash, but that's typical when you're from Detroit, Matt Labash writes in The Weekly Standard. He prepped for his visit to Dysfunction Junction by reading nightmarish stats: The city has 10,000 unsolved murders; its deficit is as high as... More »

MORE ABOUT:
Detroit • debt • poverty • Big Three • auto bailout

(Newser) - An Englishman was surprised to come home and discover a £5 loan repaid nearly 40 years late, the BBC reports. In 1969, Jim Webb loaned an Australian traveler the money to help him get to England. The Aussie took Webb's address but never sent him the money as promised.... More »

MORE ABOUT:
England • debt • loan

Jittery About Loss, Investors Stuff Cash In 0% T-Bills

Willing to take nothing for their money

Dec 10, 08 12:26 PM CST
(Newser) - The results of yesterday’s short-term bond auction were staggering. Investors snapped up $30 billion worth of Treasuries at a 0% yield—essentially lending the government money for free, the New York Times reports. Earlier, some investors even accepted a negative yield to park their cash in three-month Treasury bills.... More »

MORE ABOUT:
investors • debt • national debt • bonds • bailout • Troubled Asset Relief Program • financial crisis • short term bonds • Treasury bills • recession depression

Fed Looks to Raise Cash
With Its Own Debt Issue

Economy's dive prompts central bank to get more creative with financing programs

Dec 10, 08 7:32 AM CST
(Newser) - The Federal Reserve’s balance sheet has more than doubled to $2 trillion since August as it’s financed new programs and bailed out ailing businesses, prompting the central bank to weigh issuing its own debt for the first time, reports the Wall Street Journal. The Fed, looking for... More »

MORE ABOUT:
Ben Bernanke • Federal Reserve • debt • AIG • Treasury Department • financial crisis • Treasury bills

 Tribune Company 
 Files for Bankruptcy 

Financing billions in debt becomes too onerous in down economy

Dec 8, 08 2:09 PM CST
(Newser) - The Tribune Company filed today for Chapter 11 bankruptcy protection, due to mounting debt and an inability to pay interest in the floundering economy, the Wall Street Journal reports. Tribune’s profits declined 83% in the third quarter, making it difficult to finance $12 billion in debt. The company has... More »

MORE ABOUT:
Sam Zell • Tribune Company • bankruptcy • leveraged buyouts • debt • Los Angeles Times • Baltimore Sun • Chapter 11 • Chicago Tribune • financial crisis

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