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 [...]
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 [...]
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 [...]
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 [...]
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 [...]
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 [...]