Nicolas Cage needs a National Treasure of his own because it's been reported that he's broke. Cage is liquidating his homes in light of the government placing a tax lien on his real-estate holdings. With $6 million in unpaid taxes dating from 2007, more than $350,000 in unpaid taxes dating from 2002 to 2004 and a default on a $2 million load, Cage is seemingly buried in debt.
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Are you concerned about the health of your bank? You should be. Analysts continue to warn that many banks are carrying too much bad debt. How can you check on your bank's health, though?
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The mortgage meltdown was bad enough, but a credit card debt meltdown has been forecast by some analysts. It doesn't help when creditors arbitrarily raise interest rates, and that's what's happening here.
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The U.S. Debt Clock is a billboard-sized running total digital display which constantly updates to show the current United States public debt and each American family's share of it. It made headlines months ago when the U.S. debt surpassed $10 trillion dollars, and it ran out of sufficient digits to display the amount.
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I was driving down the freeway on my way home from work the other day, and a billboard caught my attention. Recession 101: The good thing about recessions, they end. It got me thinking about how this moment in our lives will pass, and we’ll get through it, and hopefully be better for it. Maybe this recession is teaching the gen-x’ers and the gen-y’ers and the ‘me-generation’ and every other generation that got us into this mess by being irresponsible with money, to educate themselves on the value of money.
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Americans are drowning in a sea of debt, spending more than their payroll each month. Paying high interest credit cards instead of buying basic necessities.
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Today's economic downturn shares a variety of factors with recessions of the past, as well as with the Great Depression. One of the most tragic similarities is the increase in the number of suicides, which has been documented in recent news reports and studies of mental health during past periods of economic difficulty. It doesn't have to be that way.
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Whatever happens, whatever comes, there are only 4 simple rules you need to know and implement: you need money to produce, you need money to survive, you need consumers who have money to buy your products and services, you need to conserve your habitat before it's too late. So how can you implement this simple 4 rules? How and where are you going to get this treasuries?
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S&A Restaurants Corp., the holding company for Bennigan’s and Steak & Ale restaurants on Tuesday filed Chapter 7 bankruptcy and will close several locations nationwide, further fuelling speculations that thousands will be made jobless. Metromedia is the parent company to S&A Restaurants Corp.
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Countrywide's Debt is still worth more than analyst's opinion despite being lowered to junk level as debt.
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