Geithner informed Congress of his decision in a letter stating that the government had officially reached its $14.3 trillion borrowing limit. He repeated a warning that if lawmakers do not increase the borrowing limit by August 2, the government is at risk of an unprecedented default on its debt. View full post on All Stories
Posts Tagged ‘Risk’
Risk of Inflation Puts Europe in a Tough Spot
February 2nd, 2011
davidguide The bank should be trying to raise interest rates to cool the euro zone economy, but it cannot do so without increasing borrowing costs for Spain and Ireland. View full post on All Stories
Unsecured Loans For People on Benefits- Getting Cash Is Easy Without Pledging
January 17th, 2011
davidguide In this world everybody needs cash. Some of them need cash in rush but they don’t have collateral to bestow because of which they have to face failure in obtaining loan. But now it is not so any longer because lenders have made unsecured loans for people on benefits that are unsecured loans offered to [...]
GM adds $2 billion in shares to pension plan
January 15th, 2011
davidguide Ayinde O. Chase – AHN News Editor Detroit, MI, United States (AHN) – General Motors issued a statement Friday confirming it has completed a contribution of 60.6 million shares of GM common stock to its U.S. hourly and salaried pension plans. The deal is valued at nearly $2 billion. The contribution completes the estimated $6 [...]
What are the rights of a loan defaulter?
January 12th, 2011
davidguide Defaulting on a loan is an associated risk that comes from borrowing and sometimes circumstances beyond your control can cause you to be dragged into a spiral of debt. n View full post on All Stories
Europe bailout pressure builds as default fears grow
November 27th, 2010
davidguide The perceived risk of debt defaults in Portugal and Spain drove their borrowing costs to new highs Friday. View full post on All Stories
Bad Credit Loans: Quick Money if Having Bad Fiscal Condition
November 27th, 2010
davidguide Keeping bad credit history is the high risk factor. If you are searching for help to resolve your fiscal issues but do not have sufficient credit ratings, here are bad credit loans for you. Bad credit loans are particularly designed for bad creditors who are holding bad fiscal condition. You can receive an out of [...]
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