Celebrity Money Meltdowns
Tough economic times have tested the vast majority of Americans -- and that includes celebrities.
Tough economic times have tested the vast majority of Americans -- and that includes celebrities.
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The way it stands with credit card companies these days, you might be better off dealing with loan sharks. At least they'll warn you before breaking your legs. The banks sneak up behind you and do it.
You are not doing your children any favors by not allowing them to grow up. I'm OK with parents helping children through college (in four years, not forty), but after that they are on their own.
Despite the excitement over the stock markets, credit markets remain ground zero. They are where defaults destroy fortunes but they are also crucial to US industrial growth.
These 21st century banks have become deadly, systemically risky dominoes that can crush us all if they fail, or can bankrupt us all with debt if we have to bail them out.
Incredibly, the state of California, the 8th largest economy in the world, doesn't have a complete balance sheet. It's not a question of bankruptcy, taxes, or services, but of redeploying the state's significant assets.
It's worthwhile to have a further look at some of the players cited briefly in the Times article about the Simmons mattress company, so here is a bit more on the private equity kingpin Thomas H. Lee.
Ronald Reagan governed over high unemployment numbers, and he was covered by a hyper-critical media. Yet today, most TV news outlets are giving President Obama a free pass on equally bleak statistics.
Political discussions in America are fast becoming solely theological in nature.. Each side has their beliefs. Each has their tenets which they fervently defend. Much of this is done on faith.
Tonight, at the Venice Film Festival, I will premiere my new movie, "Capitalism: A Love Story." After 16 months of production, I am proud to present this work of mine to you. It is unlike anything you'll see this year.
A broad number of polls indicate that progressive opinion, particularly in the area of health care, is much more profoundly aligned with popular opinion than the damp squib of a proposal currently being championed by the president.
It's time to get over the stigma. Bankruptcy is awesome. Once you know the specifics, you'll wish you did it sooner. I know I do.
Officials must often make a choice: to remain silent and keep their jobs, or to resign and speak the truth. Faced with this dilemma, on March 12, 2008, David Walker chose to resign.
It's a crime story. But it's also a war story about class warfare. And a vampire movie, with the upper 1 percent feeding off the rest of us. And, of course, it's also a love story. Only it's about an abusive relationship.
Judges have found that major mortgages servicers regularly mess up basic accounting, improperly credit payments and charge unwarranted fees.
At what point does heavy-handed government cross the line? Should homeowners suffer the consequences of their imprudent decisions to buy houses they could not afford?
The U.S. job market may be showing signs of life, but the scenario isn't really so rosy, as our government has yet to relieve the foreclosure pandemic.
When I think of the stress that often develops out of money troubles, I wonder what might have become of the lovely marriages and families I know had bankruptcy not relieved a heavy burden.
It seems to me that when we enter the realm of staggering numbers that are beyond comprehension such as these, money stops meaning anything.
Simply for acting like a leader this week, Speaker Pelosi wins the Most Impressive Democrat Of The Week award hands-down.