iOS app Android app

Credit Crunch

Euro Crisis: EU About To Experience An American-Style Credit Crunch

McClatchy | Kevin G. Hall | Posted 05.25.2011 | Business

Q: Isn't this reminiscent of the turbulent fall of 2008? A: Yes. The fear gripping Europe is leading to a rise in short-term lending rates, and tha...

The Capitalist Crisis - Who Does What Next?

Don Tapscott | Posted 05.25.2011 | Books
Don Tapscott

A new crop of books analyze the underlying causes of the financial crisis and what should be done. Two books offer surprising and radical perspectives.

We Get What We Think About - Day Three

Esmeralda Williamson-Noble | Posted 11.17.2011 | Healthy Living
Esmeralda Williamson-Noble

Ok, from studying the Law of Attraction I understand that there is more to it than getting a car, or a million bucks. No, the Law of Attraction gove...

Real Estate Financing for Businesses and the New Secondary Market Will Create Jobs but the Dybbuk is in the Details

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

A new secondary market for the U.S. Small Business Administration's 504 loan program is up and running.

Shahien Nasiripour

Fed Still Doesn't Know How To Stimulate Lending To Small Businesses

HuffingtonPost.com | Shahien Nasiripour | Posted 05.25.2011 | Business

Two years after the credit crunch mushroomed into a full-blown credit crisis, the Federal Reserve continues to search for answers in its quest to boos...

Queens County Economic Forecast

Kathryn Wylde | Posted 05.25.2011 | New York
Kathryn Wylde

Queens County Economic Forecast Speech to the Long Island City Business Development Corporation March 18, 2010 While the focus of the Queens Econom...

UK Economic and Debt Crisis Approaches Dangerous Tipping Point

Sheldon Filger | Posted 05.25.2011 | Business
Sheldon Filger

Amid the Greek debt crisis, a far more perilous threat to the global economy is becoming apparent: the financial crisis wreaking havoc on the UK's public finances, with no clear path to salvation.

The Biggest Cause Of The Financial Crisis? It's Leverage: Roger Lowenstein

bloomberg.com | Roger Lowenstein | Posted 05.25.2011 | Business

Foreclosures by consumers heavily weighed on the economy, but what triggered the credit crunch was the failure (or near- failure) of the banks that is...

Buy a Business Instead of Starting One From Scratch

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Buying a cash flowing business is a better, safer investment than starting one from scratch. Start now though, or you might miss a window of opportunity while values are still depressed.

Commercial Real Estate Loans Create Jobs

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Creating or saving jobs is a requirement for commercial real estate borrowers that use the U.S. Small Business Administration's 504 program.

Visa, MasterCard Emerge From Downturn

Wall Street Journal | Posted 05.25.2011 | Business

For two companies battered by a nationwide credit crunch and consumer-spending squeeze, Visa and MasterCard have emerged surprisingly well. Visa is e...

China Reins In Bank Lending Over Concerns About Real Estate Bubble

AP | JOE McDONALD and MARTIN CRUTSINGER | Posted 05.25.2011 | Business

BEIJING — While the rest of the world is trying to recover from recession, China is trying to slow its economy down. Beijing took steps Tuesday...

UK Banks To Sell Hundreds Of Branches After Bailout From Government

AP | RAPHAEL SATTER | Posted 05.25.2011 | Business

LONDON — The Royal Bank of Scotland, Northern Rock, and Lloyds Banking Group are to sell off as many as 700 branches in the next few years in exchan...

A New British Invasion to Boost Our Economy, Evade Credit Crunch

Jeff Bocan | Posted 05.25.2011 | Business
Jeff Bocan

Just like traditional venture capital funds, VCTs provide equity capital to fast-growing small and mid-sized businesses; however, unlike traditional venture funds, the underlying investors are you and me.

Bankrupt Firms Claim Billions in U.S. Stimulus

ABC News | Tom Hals | Posted 05.25.2011 | Business

WILMINGTON, Delaware (Reuters) - The U.S. government has provided more than $1 trillion of support to financial companies in a bid to keep credit flow...

Reviving the Local Economy With Publicly-Owned Banks

Ellen Brown | Posted 05.25.2011 | Business
Ellen Brown

Despite trillions of dollars in bailout money, bank loans fell to their lowest rate since the onset of the Great Depression. Now that the Fed has done all they can, is it time for the states to step in?

Arthur Delaney

Credit Card Abuses Won't Stop After Reform Takes Effect: Report

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Business

Next February, the credit card reforms signed into law by President Obama earlier this year will finally take effect. Goodbye arbitrary rate hikes. He...

Arthur Delaney

Bank Of America: Another Customer Gets Bank's Attention Via YouTube (VIDEO)

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Business

Darren Bryant of Pensacola, Fla. spent hours in what he calls Bank of America's "phone maze," getting bounced from person to person, never reaching so...

The Choice for the G-20

Ann Pettifor | Posted 05.25.2011 | Business
Ann Pettifor

The hype around the stock bubble will most likely weaken any resolve to deal with the huge challenges posed by an out-of-control finance sector and a failing global economy.

The Credit Crunch Is Intensifying

Garrett Johnson | Posted 05.25.2011 | Business
Garrett Johnson

All this talk about economic recovery is puzzling. There is no talk about more jobs, higher incomes, or more paid working hours. So any recovery must come from credit. Yet it is credit that is lacking.

Joseph Cassano, AIG's Mastermind, Could Face Grand Jury

wsj.com | AMIR EFRATI and SUSAN PULLIAM | Posted 05.25.2011 | Business

Federal prosecutors, capping an 18-month investigation, are preparing to impanel a grand jury in Brooklyn, N.Y., to consider an indictment of a former...

Greenspan: Market Crisis "Will Happen Again"

BBC NEWS | Posted 05.25.2011 | Business

The world will suffer another financial crisis, former Federal Reserve chief Alan Greenspan has told the BBC. "The crisis will happen again but it ...

The New Power Girls: Is the Credit Crunch Hurting Women Startups?

The New Power Girls | Posted 05.25.2011 | Business
The New Power Girls

Today's new modern women entrepreneurs and executives know the power of networking and support. In fact, they live by it.

Commercial Real Estate Is an Impending Disaster

Jerry Chautin | Posted 05.25.2011 | Business
Jerry Chautin

Many of us know of people who have lost their homes through foreclosure. To a lesser extent we hear about struggling commercial properties vying for a limited pool of tenants.

Arthur Delaney

Down, Not Out: Unemployed And Happier Than Ever

HuffingtonPost.com | Arthur Delaney | Posted 05.25.2011 | Business

Dixie Redfearn of Nevada City, Calif. wrote the Huffington Post to say her 30-year journalism career ended when she lost her job more than four months...