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Frugal Asia to dodge much of credit card beating (Khaleej Times)
TOKYO - Even after 14 years in the white-knuckle world of stock trading, Ken Masuda doesn’t sound like a big risk-taker—at least when he talks about his own cash.
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Sinking economy not bad news for all Rhode Island companies (The Providence Journal)
The sinking state economy isn’t bad news for all Rhode Island companies, as some are seeing their bottom lines grow.
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Consumer rights: How moving house can make you a credit risk (Independent)
We recently moved home and have been turned down for a credit card at this address, despite having an immaculate credit record previously. Can an address be blacklisted? Is there anything we can do about it? FK,ANDOVER
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Sinking economy not bad news for all Rhode Island companies (The Providence Journal)
The repo man has been busy.
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GMAC Puts Individuals After Institutions in Bond Plan (Update2) (Bloomberg)
Dec. 1 (Bloomberg) -- GMAC LLC , the financing unit of General Motors Corp., is placing individual investors who loaned the company $14.6 billion behind institutions should the company file for bankruptcy.
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GMAC Puts Individuals After Institutions in Bond Exchange Plan (Bloomberg)
Dec. 1 (Bloomberg) -- GMAC LLC , the financing unit of General Motors Corp., is placing individual investors who loaned the company $14.6 billion behind institutions should the company be forced to file for bankruptcy.
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Government rescues savers as London Scottish Bank goes into administration (Daily Telegraph)
Around 10000 London Scottish Bank savers are to be rescued by the UK compensation scheme after the finance group became the first UK bank in the current crisis to go into administration.
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SemGroup goes bankrupt (Tulsa World)
On July 16 SemGroup LP and its co-founder Tom Kivisto were the toast of Tulsa, prominent among community donors and noted for company's phenomenal growth. By July 17, however, a true picture of the energy firm's cashflow crisis became obvious.
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Debt is burdensome but not worth desperation (Los Angeles Times)
Dear Liz: I am severely in debt. It is keeping me up at night worrying about it, almost to the point where I just can't cope anymore.
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Easy credit comes back to haunt Indian consumers (Express India)
The largest among pvt banks, ICICI, a major player in consumer credit markets, raised its bad loans provision to 1.91 pct.
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