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Businesses Seeking Working Capital: Survey

Mary Ellen Biery | Posted 04.23.2013 | Small Business
Mary Ellen Biery

Many businesses applying for loans are looking to finance receivables and other working capital, according to a new survey of bankers by Sageworks, a financial information company.

Private Company Credit Risk Shows Signs of Improving

Mary Ellen Biery | Posted 04.07.2013 | Small Business
Mary Ellen Biery

The average probability that a private construction company would default in the next year was 3.79 percent for the 12-month period ended Dec. 31, compared with 5.73 percent for the year-earlier period.

Jason Linkins

Aspiring For Renewal, GOP Struggles To Clear Some Low Bars

HuffingtonPost.com | Jason Linkins | Posted 01.19.2013 | Politics

Because someone has to lose every election, the end of every election year brings a cascade of regret and recriminations upon the losers. And because ...

Debt Ceiling Madness From National Review

Andrew Pavelyev | Posted 01.16.2013 | Media
Andrew Pavelyev

National Review Online has published an amazing editorial which advocates redefining the debt ceiling so as to exclude any borrowing necessary for ser...

'Impossible' GOP Debt Ceiling Plan Could Lead To 'Bloody Mess'

Reuters | Posted 03.17.2013 | Politics

* Conservatives say Treasury could pay some bills and not others * Prioritizing payments hit by critics as unworkable B...

Denied Business Credit? Work on These Five Things

Mary Ellen Biery | Posted 03.17.2013 | Small Business
Mary Ellen Biery

If your company recently applied for business credit and was rejected, it's not alone.

House GOP Eyes Default, Shutdown

www.politico.com | Posted 03.16.2013 | Politics

House Republicans are seriously entertaining dramatic steps, including default or shutting down the government, to force President Barack Obama to fin...

House GOP Ready To Shut It Down

Politico | Posted 03.16.2013 | Politics

House Republicans are seriously entertaining dramatic steps, including default or shutting down the government, to force President Barack Obama to fin...

Sam Stein

White House Ratchets Up Pressure On GOP After Dismissing Platinum Coin Idea

HuffingtonPost.com | Sam Stein | Posted 03.14.2013 | Politics

WASHINGTON -- In the wake of news that both the Treasury Department and the Federal Reserve rejected the minting of a trillion dollar coin as a soluti...

Zach Carter

Administration To Reject Magic Coin Trick To Avert Debt Ceiling

HuffingtonPost.com | Zach Carter | Posted 01.12.2013 | Politics

WASHINGTON -- The U.S. Treasury Department will not mint a high-value platinum coin to avert the debt ceiling, according to an official statement from...

Don't Play Politics With the Debt Ceiling

Paul N. Van de Water | Posted 03.06.2013 | Politics
Paul N. Van de Water

Senate Minority Leader Mitch McConnell is threatening to risk a default on the national debt unless President Obama agrees to large spending cuts. But playing politics with the debt ceiling is a dangerous and inappropriate game.

'Trust, But Verify' Creditworthiness

Mary Ellen Biery | Posted 02.13.2013 | Small Business
Mary Ellen Biery

More than four years after the peak of the U.S. financial crisis, bankers, businesses and borrowers still remain cautious about their exposure to risk.

Zach Carter

Fiscal Cliff Primer: Can America Default On Its Debt?

HuffingtonPost.com | Zach Carter | Posted 11.21.2012 | Politics

No.* *We explain in the video above....

Protect Your Business Against Partners' Credit Woes

Mary Ellen Biery | Posted 12.19.2012 | Small Business
Mary Ellen Biery

Accounting professionals by nearly a 2-1 margin said in an online survey that their business clients don't do enough to ensure creditworthiness of customers, vendors and other potential transaction partners before they extend credit.

Story From A Student Borrower: Focus On The Day-To-Day

Youth Radio -- Youth Media International | Posted 11.10.2012 | Home
Youth Radio -- Youth Media International

By: Youth Radio One kind of business is thriving in the midst of troday's struggling economy: debt collection agencies in charge of tracking down stu...

D.M. Levine

Planning for Default

HuffingtonPost.com | D.M. Levine | Posted 06.08.2012 | Business

Goldman Sachs is preparing for possible sovereign defaults in Europe, the company's CEO said Friday. "It's in the nature of contingency planning an...

Best-Kept Secrets Of Student Loan Borrowing

Youth Radio -- Youth Media International | Posted 07.18.2012 | Home
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...

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

Reuters | Posted 04.29.2012 | Business

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

Rich Americans: 'Take My Mansion, Please'

The Huffington Post | Alexander Eichler | Posted 02.23.2012 | Business

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

Ben Hallman

Bank Mistake May Cost Foreclosure Lawyer Her Home

HuffingtonPost.com | Ben Hallman | Posted 01.07.2012 | Business

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...

Amanda M. Fairbanks

Occupy Student Debt Campaign Announces Nationwide Loan Refusal Pledge

HuffingtonPost.com | Amanda M. Fairbanks | Posted 11.21.2011 | College

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

Large Bank To Sell Investments Backed By Loans In Default

The Huffington Post | Bonnie Kavoussi | Posted 11.16.2011 | Business

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...

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

Gemma Godfrey | Posted 12.12.2011 | Business
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.

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

David Morris | Posted 10.16.2011 | Business
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.

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

Spencer Green | Posted 10.15.2011 | Comedy
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."