CongressmanKanjorski asked:

On September 30, 2009, Congressman Paul E. Kanjorski (D-PA), Chairman of the House Financial Services Subcommittee on Capital Markets, Insurance, and Government Sponsored Enterprises, previewed his hearing on reforming credit rating agencies on CNBC’s Power Lunch.

drutter asked:

www.verichipcorp.com The new PositiveID RFID chip will be a tiny implantable device which contains your personal identity, credit history, medical information, and financial details. Don’t worry, it won’t be mandatory right away. The press release announcing this merger notes that it will enable the company to access federal bailout funds as well as raise the company’s stock prices. Canadian? Need some silver, like Maples? www.canadiansilverbullion.com

Bloomberg asked:

Analysis and Discussion with Director Scott Licamele of Red Star Asset Management (Starting Bell)

Fury303393 asked:

Not all loans require the borrower to produce an excellent credit report to qualify for approval. Instant payday loans offer a useful alternative for averting a temporary cash crisis and you can avail of them even if you have maxed out on your credit card and your credit ratings are in the negative. YES, negative credit ratings don�t hamper your chances of availing payday loans because these loans are usually given on a very short term basis (till your next payday) and all you need to have is a regular job and a bank account with a valid debit card. Negative credit ratings can happen due to a variety of reasons, the most common of them being Non payment of credit card or utility bills Late payments of EMIs of any previous loan. Identity theft somebody has availed of some loan impersonating you and vanished thereafter. Account settlement you have decided to settle the account by paying much less money than you actually owe the lenders. Typically, a bad credit score won�t allow you to qualify for loans from conventional sources such as the banks. In such a scenario, and particularly when you urgently need some hard cash to maybe fix a plumbing problem, pay some pending bills, provide hospitality to some unexpected house guests, or any such immediate need, instant payday loans are a ready option. offers same day payday loans up to 750 within 24 hrs in the UK. You can apply online in the comfort of your home or office, your loan application is approved within minutes, and …

photoads1 asked:

ukcreditsecrets.co.uk Are you tired of being declined for credit cards? Maybe you’re on a low income or retired? Have you experienced hardships that have left you with bad credit? Perhaps you simply lack credit history because you’re new to credit. No matter what your situation is, you are welcome to apply for a Vanquis Bank Visa Card!

ofInterestNZ asked:

Dr Russel Norman: Does he agree that one of the central drivers for the imbalance in foreign debt and the current account deficit in the New Zealand economy has been the housing markets speculative bubble, and will his Government support measures that tackle the bubble directly, such as a capital gains tax excluding the family home, and ring-fencing the losses from investment properties? Hon JOHN KEY: Yes, in answer to the first question. In terms of the latter question, the member will be aware that Bob Buckle is leading a tax review. I do not want to prejudge that review, because there may be all sorts of things it looks at. But I personally have stated many times, and am happy to state again today, that I do not support a capital gains tax. Hon Phil Goff: Is it also the Prime Ministers attempt to impress credit rating agencies that is the reason he is appointing Don Brash as head of the Productivity Commission, notwithstanding that that brings back an agenda that the electorate rejected decisively in 2005? Hon JOHN KEY: From my memory we lost the 2005 election by only a smidgen, so I am not quite sure that is the right assessment. I do not know whether I have missed something, but I cannot understand the Leader of the Oppositions fixation with rating agencies at the moment. When Standard and Poors upgraded us, apparently it was the guy who got it wrong with regard to Enron and should not be believed.

Bloomberg asked:

Feb. 8 (Bloomberg) — Paul Maco, partner at Vinson & Elkins LLP, talked with Bloomberg Law’s Lee Pacchia on Feb. 2 about financial difficulties facing state and local governments.

StockMarketFunding asked:

www.stockmarketfunding.com Bank bailouts bleeding Ireland! Ireland’s credit rating downgraded by Moody’s StockmarketFunding.com’s CEO & Chief Economic Analyst Mario Marciano alerted investors and traders over a year ago of the credit risks of the Eurozone, specifically Ireland and how the risks were systemic and would ultimately lead to debt downgrades. We highlighted the problems with the very high debt Ratio. In this video we discuss US GDP increase of 3% and how that can easily go to 0%. The support of the current banking system in Europe as made it clear that Ireland has a problem. These worldwide leaders didn’t want to do the right thing and clean up their balance sheets. They decided to bailout Greece and we told people about the longer term implications of such irrational policies. The earnings cycle in the US will go down as global spending continues to decline. This is the peek in those earnings cycle as we’ve been highlighting in recent videos. On 30 September 2008, the Irish Government declared a guarantee that intends to safeguard the Irish banking system. The Irish State guarantee, backed by taxpayer funds, covers “all deposits (retail, commercial, institutional and interbank), covered bonds, senior debt and dated subordinated debt”. As of December 2007, Ireland’s net unemployment benefits for long-term unemployed people across four family types (single people, lone parents, single-income couples with and without children) was the third highest of the OECD …

TradeTheTrend asked:

Fitch Ratings cut BP Plc’s (NYSE:BP) credit rating Tuesday to two above “junk” due to the mounting costs of the clean-up in the Gulf of Mexico oil spill, as well as the company’s ability to meet future liabilities, according to a Bloomberg report. The company’s long-term issuer default and senior unsecured ratings were downgraded from AA to BBB, following a June 3rd reduction from AA+, said Fitch officials in a statement. President Obama, along with US lawmakers, have cautioned BP this week that the company needs to suspend dividends and immediately put money aside for legal issues that will most likely surface as a result of the worst oil spill in US history. Fitch officials said they would be “surprised” if BP did not suspend its quarterly payout until the full monetary damage is clear; analysts expect the clean-up costs and pending liabilities to cost up to $40 billion. A Fitch statement read: “The recent claims by US state and federal authorities that BP escrow significant sums preemptively, ahead of any agreed claims process, represent a material change in approach.” BP already has an estimated $23 billion in debt, according to data by Bloomberg. Shares of the company are trading down 1.47% Tuesday afternoon at $30.22.