Automakers get Bailout, Consumers turn to Installment Loans

The struggling economy is affecting everyone
While automakers look to receive additional funding, consumers are looking to installment loans for aid. In the recession, everyone is suffering. Even huge automakers, despite billions in governmental bailout money, are facing liquidation and bankruptcy. The economy is taking its toll on everyone from industry [...]

pretty please?

Obama on Jay Leno | President Talks About Lending, Energy

Economy the main topic on “Tonight Show”
President Barack Obama became the first sitting president to appear on a television talk show last night when he sat down with Jay Leno on “The Tonight Show.”
Among other topics, Obama and Leno discussed bank bailouts and when lending and personal loans would be [...]

obama_leno

Colonial Bank Struggling to Stay Afloat

Company needs capital
Colonial Bank’s parent company needs to raise money by the end of the month, according to an informal agreement it made with banking regulators.
Colonial BancGroup, the bank’s owner, entered into the agreement after Colonial Bank lost $880 million last year and then said it would accept $533 million [...]

colonial

Banks Shut Down in Nevada and Illinois | Total Closures This Year 16

Nevada Security Savings Bank shuttered
Only two months into the year, already 16 banks in the United States have been shut down. Nevada Security Savings Bank closed its doors Friday.
Regulators shut down the bank and turned deposits over to the Bank of Nevada, based in Las Vegas. Security Savings Bank had $175.2 [...]

closed

Citigroup Reveals TARP Fund Use | by Online Payday Loan Store

Bank comes forward after criticism
Your online payday loan store keeps you up to date on financial news.
Several weeks ago, a congressional watchdog panel came down hard on the Treasury for its use of the first $350 billion in bailout money. The panel accused the Treasury of not keeping track of [...]

Citigroup Center in New York

Wall Street Pay Cap | Faxless Payday Loans and Money Matters

Congress aims to limit salaries, bonuses
Get faxless payday loans and financial news right here at Personal Money Store.
Congress is putting its foot down. Yesterday President Obama spoke out against Wall Street executives and their “shameful” behavior. It seems those executives $18 billion in bonuses in 2008. Yes, as the stock [...]

Claire McCaskill

Geithner Sets Bailout Rules | By Online Payday Loan Source

Treasury secretary cracks down on lobbyists
Your online payday loan source keeps you informed on the government’s use of $700 billion in bailout money.
Last year $700 billion in government funds was slated to aid the mortgage crisis and stabilize the financial system. Now it seems more companies are trying to get [...]

WASHINGTON - DECEMBER 09:  U.S. Treasury Secre...

Bailout Money Released | Article by Your Payday Loan Source

Your payday loan source keeps you updated on the nation’s financial news.
Showing the money
On the same day House Democrats unveiled their version of the economic recovery plan, Congress agreed to release the remaining $350 billion slated for bailout money to ease the mortgage crisis.
Thought Barack Obama is not officially president [...]

Barack Obama secured his first legislative victory before he even took office when Congress agreed to allow access to the remaining $350 billion in TARP funds.