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Best-Kept Secrets Of Student Loan Borrowing

Youth Radio -- Youth Media International | Posted 05.18.2012

Read More: Forbearance, Borrower, Private Student Loan, Federal Student Loan, Default, Institute for College Access and Success, Lauren Asher, Defer, Obama, Student Loan Debt, The Project on Student Debt, Education News
Youth Radio -- Youth Media International

By: Robyn Gee Story after story about college students graduating with mountains of debt permeate the news every day. Headlines like, “A Genera...

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One City's 'Last And Best Chance To Avoid A Bankruptcy'

Reuters | Posted 04.29.2012

Read More: Creditors, Retirement Benefits, Moody's Investors Service, Video, Bond Payments, Bankruptcy, Wall Street, Housing Boom, Default, Reuters, Government Employees, San Francisco, Public Employee Unions, Bond Insurers, Business News

(Adds comments) By Jim Christie SAN FRANCISCO, Feb 28 (Reuters) - Stockton, California's city council approved a plan l...

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Rich Americans: 'Take My Mansion, Please'

The Huffington Post | Alexander Eichler | Posted 02.23.2012

Read More: Foreclosure Crisis, Earning Gap, Income Inequality, Pawnshops, Pawn Shops, Wealth Gap, Housing Crisis, Property Values, Collateral, Video, Housing Values, Freddie Mac, Luxury Spending, Default, Foreclosure, Strategic Defaults, Business News

Growing numbers of rich Americans are welcoming the foreclosure crisis into their homes. Default rates for the nation's most expensive properties ...

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Ben Hallman

Bank Mistake May Cost Foreclosure Lawyer Her Home

HuffingtonPost.com | Ben Hallman | Posted 01.07.2012

Read More: JP Morgan Chase, Housing Market, Chase Bank, JP Morgan, Default, Mortgage Servicers, Mortgage Crisis, Foreclosure, Real Estate, Big Banks, Housing Crisis, Business News

Christine Jackson's three-bedroom wood-frame home in Indianapolis is in danger of foreclosure. It's not because she can't afford her mortgage, but bec...

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Amanda M. Fairbanks

Occupy Student Debt Campaign Announces Nationwide Loan Refusal Pledge

HuffingtonPost.com | Amanda M. Fairbanks | Posted 11.21.2011

Read More: Debt, Tuition, Default, Education and Empowerment Working Group, Occupy Wall Street, Ows, Occupy Student Debt Campaign, Student Loan, Andrew Ross, Ashley Dawson, Cost of College, College News

NEW YORK -- Early Monday afternoon, a group of faculty and student organizers unveiled the Occupy Student Debt campaign from the southeast corner of l...

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Large Bank To Sell Investments Backed By Loans In Default

The Huffington Post | Bonnie Kavoussi | Posted 11.16.2011

Read More: JPMorgan Chase, Savings and Loan Crisis, Video, Wall Street, Default, Loans, Financial Crisis, Mortgage-Backed Securities, Resolution Trust Corporation, Mbs, Loans in Default, Financial News, Business News

JPMorgan Chase is reaching back into the playbook, and the result could help the housing market hit bottom. The newly-minted largest bank in the c...

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A Greek Default on the Cards but the Banks Aren't Listening

Gemma Godfrey | Posted 12.12.2011

Read More: Bailout, Default, Banks, Dexia, Europe, g20, Sovereign Debt Crisis, Greece, Risk, Business News
Gemma Godfrey

The markets expect a Greek default and time is running out. However, banks still haven't recognized enough of this loss, highlighting the pent-up risk in the sector.

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S&P Says Microsoft More Creditworthy Than U.S. Government

David Morris | Posted 10.16.2011

Read More: Taxes, Deficit, Corporations, Default, Standard and Poor's, Tax Avoidance, Corporate Taxes, Corporate Responsibility, Corporate-Tax-Dodging, Corporate Taxation, Corporate Tax Avoidance, Business News
David Morris

U.S. corporations have come to believe their fates are no longer inextricably tied up with the fate of their country's economy. They're sorely mistaken, and we're all suffering from the consequences of their delusion.

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Debt "Super Committee" Members Deadlocked on Exactly How They Will F**k Things Up

Spencer Green | Posted 10.15.2011

Read More: Congress, Super Committee, Federal Budget Deficit, Debt Ceiling, Default, John Kerry, Republicans, Entitlement Reform, Pat Toomey, Democrats, Tax Increases, Comedy News
Spencer Green

"I'm sure the Super Committee will arrive at some explanation for utter failure that is ludicrous enough to be acceptable to all Americans."

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Alex Becker

Biden To Pitch Debt Deal As Positive In China

HuffingtonPost.com | Alex Becker | Posted 10.15.2011

Read More: Hillary Clinton China, Biden Debt, Biden China, Debt Ceiling, Default, Joe Biden China, Joe Biden Debt, Debt Deal, Hillary Clinton, Joe Biden, China, Politics News

WASHINGTON-- The White House may have failed to get much of what it wanted out of this month's debt ceiling deal, but you wouldn't know that based on ...

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Dysfunction and Downgrades: Sad Parallels

James Zogby | Posted 10.13.2011

Read More: Palestine, Israeli-Palestinian Conflict, Debt Crisis, Debt Ceiling, Economic Crisis, Standard & Poor's, U.S. Credit Downgrade, U.S. Credit Rating, Middle East Peace, Default, Israel, Middle East, Politics News
James Zogby

Standard & Poor's demonstrated its loss of confidence in the ability of Washington to get its financial house in order by downgrading the U.S.'s bond rating. Much the same scenario has been playing out in the U.S.'s approach to Israeli-Palestinian peace.

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Credit Rating Agencies Not The Best At Predicting Sovereign Defaults

The Huffington Post | Alexander Eichler | Posted 10.12.2011

Read More: Fitch Ratings, National Default, Credit Downgrade, Default, Debt Default, Subprime Mortgage Crisis, Financial Crisis, Standard & Poor's, Credit Rating Agencies, Credit Rating, U.S. Credit Downgrade, U.S. Default, Moody's, Business News

Markets plunged this week after Standard & Poor’s downgraded the United States’ sovereign credit rating. But if history is any guide, the pronounc...

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After the Downgrade: Declining Blame, Assigning Blame

Rick Horowitz | Posted 10.09.2011

Read More: Standard & Poor's Downgrade, S&p Downgrade, Downgrade, Standard & Poor's, AAA Rating, Debt Ceiling, Debt Limit, Default, Election 2012, S&P, Comedy News
Rick Horowitz

It happened on his watch! It happened on his watch! For events so consequential, Guilt is wholly presidential, And we're here to say It happened...

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What to Do With the U.S. Treasury Bonds Now?

Irene Aldridge | Posted 10.08.2011

Read More: U.S. Treasury, Investments, Debt, Default, Bonds, Treasury Bonds, Business News
Irene Aldridge

With the now-lower rating on the U.S. government debt assigned by the major rating agency, the Standard & Poors, the bonds and bills investors find themselves questioning as to what to do with their investments: how to find riskless replacements for the now-risky U.S. bonds?

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FAQs on the Standard & Poor's Downgrade of the U.S. Credit Rating

Natalie Pace | Posted 10.07.2011

Read More: White House, Debt, Depression, President Obama, Housing, Natalie Pace, Stocks, Bonds, Budget, Trillion, Standard & Poor's, Downgrade, Congress, Nasdaq, Recession, Mcconnell, France, Credit, Billion, Default, Interest, NataliePace.Com, Dow Jones Industrial Average, Nyse, Crisis, Boehner, Reid, Moody's, Business News
Natalie Pace

If Congress gets smart, goes back into negotiations immediately and comes up with a credible plan to implement budget savings of more than $4 trillion over the next 10 years, the world will have renewed faith in the its largest economy.

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Top S&P Official: U.S. Has 1 In 3 Chance Of Another Downgrade

AP | Posted 10.07.2011

Read More: u.s. Credit Rating Downgrade, Deficit, Video, Debt Crisis, Standard & Poor's Downgrade, U.S. Debt Crisis, Debt Ceiling, Default, Financial Crisis, Standard & Poor's, 1 in 3 Chance, U.S. Credit Downgrade, U.S. Credit Rating, Business News

WASHINGTON -- A Standard & Poor's official says there is a 1 in 3 chance that the U.S. credit rating could be downgraded another notch if conditions e...

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How to Think About Standard and Poor's Downgrade

Dean Baker | Posted 10.06.2011

Read More: Debt, Deficit, Credit Rating Agencies, Default, Social Security, S&p Downgrade, Credit Score, Credit Rating Downgrade, Standard & Poor's Downgrade, U.S. Credit Rating, Standard & Poor's, U.S. S&p Downgrade, Business News
Dean Baker

Standard and Poor's downgrade of U.S. government debt captured headlines across the country and around the world. It is a newsworthy event, but primarily as another colossal failure by a major credit rating agency.

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Leaked GOP Screening Series: 10 Movies Helping Republicans Stay Bold, Agressive and Insane

Katie Halper | Posted 10.04.2011

Read More: Slidepollajax, The Town Movie, Network, The Grapes of Wrath, John Boehner, Harvey Keitel, Wicker Man, The Town, Henry Fonda, Bill Paxton, Allen West, Ned Beatty, Ben Affleck, Rebel WIthout a Cause, Default, Animal House, Susan Sarandon, The Wicker Man, Done Ameche, Red Dawn, Tea Party, Ralph Bellamy, Thelma and Louise, Kevin McCarthy, Debt Ceiling Movie, Dan Ackroyd, John Boehner Debt Ceiling, Aliens, Pell Grants Debt Ceiling, Barack Obama, Debt Ceiling, Ben Affleck the Town, John Belushi, Born Into Brothers, Trading Places, Geena Davis, Grapes of Wrath, Pell Grants, Pell Grants Tea Party, Comedy News
Katie Halper

This is a leaked list of the ten movies the GOP is screening to make sure they stay on the offensive, as they fight for the wealthy and attack middle and working class people.

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After the Debt Deal: Drifting Away on Lake Parable

Rick Horowitz | Posted 10.02.2011

Read More: Debt Default, Debt Ceiling, Debt Limit, Default, Debt Ceiling Decision, House Debt Ceiling Deal, Debt Ceiling Deal, Politics News
Rick Horowitz

At first, we just thought they were waving. People take those little boats out on the water all the time -- they paddle around for a while, and then t...

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10 Lessons From The Debt Limit Debate

Washington Post | Barry Ritholtz | Posted 10.01.2011

Read More: US Unemployment, Debt Ceiling, John Boehner, Default, Debt Limit, US Debt, 112th Congress, Washington Post, Barack Obama, Republicans, Business News

The debt ceiling is hanging heavy over our heads. But that’s not the only reason it looks dark down here. We’ve got some major and prolonged chall...

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Will the US Credit Rating Be Downgraded?

Dean Baker | Posted 10.01.2011

Read More: Credit Rating Agencies, Deficit, Debt, Debt Ceiling, Default, Business News
Dean Baker

Before anyone gets too excited about the risk of a downgrade, they should have an idea of what they think it means. I have yet to see anyone provide a remotely coherent explanation of what the credit rating agencies would be saying if they downgraded US government debt.

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The Debt Ceiling and Obama's Silence

Lincoln Mitchell | Posted 10.01.2011

Read More: House of Representatives, John McCain, President Barack Obama, Healt Care, George W. Bush, Iraq, Democratic Party, Recession, Barack Obama, Bush Tax Cuts, Debt Ceiling, Repubilcan Party, Economic Stimulus Package, Surge, Default, President Bush, Politics News
Lincoln Mitchell

In the face of opportunist and selfish behavior, Obama was faced with several options, none of which were good. In the end, he decided that to avoid default and greater economic problems he would simply capitulate to the Republican demands.

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The Tea Party; Representation of No Taxation

Jonathan Schmock | Posted 09.30.2011

Read More: Government Spending, Taxes, Conservatives, Debt Ceiling, Default, Tea Party, Republicans, Politics News
Jonathan Schmock

...

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The Debt Ceiling "Compromise" Is a Total Democratic Capitulation to the GOP

Mitchell Bard | Posted 09.30.2011

Read More: Buyer's Remorse, Debt, House of Representatives, Congress, Debt Ceiling, Budget Cuts, John Boehner, Economy, Deficits, Wealth Disparity, Middle Class, Two Party System, Dianne Feinstein, Liberal, Democrats, Barack Obama, Working Class, Bush Tax Cuts, Senate, Unemployment, Default, Harry Reid, Paul Krugman, Wisconsin Recall Elections, Carl Levin, Tea Party, Republicans, Politics News
Mitchell Bard

We will look back and know that when the debt ceiling issue was in play, the Republicans made their case, but nobody in a position of power made the opposing argument. The Democrats just went along and will have to live with the consequences, along with the rest of us.

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Answering The Big What-If Questions Of Debt Default

Posted 09.29.2011

Read More: Interest Rates, Treasury Department, US Soldiers, Social Security, Credit Downgrade, Debt Ceiling, Default, Debt Default, Treasury, Barack Obama, US Treasuries, Business News

(Lauren Young) - The debt negotiations are getting down to the wire. Republican and Democratic lawmakers are scrambling to broker a deal to raise...

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