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W hen Michael Milken entered the federal prison camp at Pleasanton, California, in 1991, it was tempting to conclude that an era in finance had come to an end. From his X-shaped desk at Drexel Burnham Lambert in Los Angeles, Mr Milken and his weapon ...

Profit in adversity – Wall Street debt specialists back in demand - Financial Times

HARTFORD, CONN. - Susan Crandall thought she had stellar credit, until computers at one of the nation's powerful credit reporting agencies decided she had serious money troubles. Crandall lived 50 miles from a woman who had filed for bankruptcy. They ...

A credit trap for consumers - Baltimore Sun

China is probably experiencing the greatest economic freedoms in its 5,000-year history, but they come with the stress of inflation and job insecurity. The country's been at peace for 30 years. Throughout that period, economic growth has lifted 681 ...

China's economic freedoms come with a price - QuickDFW.com

TRAVERSE CITY -- Whenever the B-word -- bankruptcy -- is uttered in conversation about the Detroit Three automakers, there is a quick and predictable retort. "Bankruptcy is not an option," says CEO of Auto Company X, Y or Z, "because we sell a ...

What if the Detroit 3 became 2? - Detroit Free Press

Many consumers who are aware of their poor personal credit standing, often wrongly assume that due to their credit score, they do not stand a chance of getting a personal loan. Instead of looking around and comparing different avenues for a bad ...

Loans for bad credit consumers - MyFinances.co.uk

You've heard often enough lately that you need decent credit and a chunk of down-payment cash. But don't discount a network of helpful friends, determination and an unabashed ability to badger. All the i's must be dotted and t's crossed to prepare ...

Crossing that bridge - Chicago Tribune

HAVE your jeans shrunk or is that sense of discomfort the result of your bank's vice-like grip on your vitals as it squeezes tighter and tighter? "We'll all be rooned!" has been the catchcry of The Big Four banks since the recession that every pointy ...

Greed you can bank on - News.com.au

Big student loans and a heap of credit-card debt, but a low-paying job. It's a mismatch so many people face when they're trying to live on starting salaries. For Jamell Vanterpool, the mismatch is hurting him and limiting his future prospects. "I can ...

Fort Lauderdale man faces uphill battle with a mountain of debt - Fort Lauderdale Sun-Sentinel

DUMMERSTON, Vt. -- It seems hard to believe, but the finance, insurance and real estate sector (FIRE, for short) now constitutes about 20 percent of our nation's gross domestic product, while manufacturing contributes less than 13 percent. By ...

On Native Ground - American Reporter

LOS ANGELES, Aug. 11 /PRNewswire/ -- An annual American ritual is fast approaching; millions of parents are preparing to send their children to school. They'll be waving goodbye with tear-stained handkerchiefs as their tots take their first bus ride ...