BUSAN, South Korea — World financial leaders pledged Saturday to push ahead on curbing deficits and crafting financial reforms to safeguard the global recovery, including making banks bear much of the burden for government bailouts. As expected, the finance ministers and central banks gathered in this southern port city finessed what some said were at [...]
US bankruptcy filing rate near 5-year high
by Jeff Wellington on 05. Jun, 2010 in Bankruptcy
The pace of U.S. bankruptcy filings edged up in May to the second-highest daily level since 2005, reflecting the difficulty Americans have in working off excess debt even as the economy improves.
BP gives the middle finger right back to Russia
by bk711 on 04. Jun, 2010 in Bankruptcy
Frustrated by Russia’s unwillingness to allow private exportation of natural gas to China, TNK-BP pulled the plug Thursday on the Kovykta gas field operations in Siberia by calling in the loans it made to its subsidiary – essentially initiating bankruptcy of RUSIA Petroleum. After years of patience and hundreds of millions of dollars invested, only [...]
How You Can Improve Your Credit Score Using These Five Simple Steps
by bk711 on 03. Jun, 2010 in Secure Credit
If someone offered you free coupons for all the biggest purchases you’ll make in your life, saving you loads of cash, would you take it? Of course you would. Why then, do so many Americans neglect their credit score? Having a good credit score is like having the world’s best coupon book for all of [...]
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