GM Closing Plants and Employees Rush to Get Short Term Loans
GM Employees
GM employees are bracing for a lay-off by looking into short term loans. A 2-week summer layoff is typical with auto manufacturers. They normally change models to the next year’s style during this time. Unfortunately, due to lagging sales and overages of vehicles, GM is extending that layoff to [...]
Corporate Sponsors Cutting Back at The Masters
No “Amen Corner” for corporate sponsors
Georgia’s Augusta National Country Club is a holy place for golf fans. It is there that each year since 1934, The Masters has been held. Luminaries of the fairway from Bobby Jones to Tiger Woods have tasted victory and donned the green jacket (a tradition [...]
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 [...]
Transparency in Payday Advance Loans and Government Bailouts
Treasury tells all
It seems the Treasury has taken a lesson from some payday advance loans companies. Just as PersonalMoneyStore.com lets you know upfront what the fees, limits and regulations are on payday advance loans, the Treasury seems to be making good on its promise of transparency.
Today the Treasury Department shared [...]
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 [...]
Federal Financial Oversight | By Your Online Payday Loan Source
Will initiative give the Fed too much power?
Your online payday loan source keeps you updated on the nation’s financial crisis.
Congress is working on a new initiative that would allow the Federal Reserve to closely examine the workings of several companies in the financial sector. Several federal agencies currently regulate specific [...]
Should payday loan rules apply to government bailouts?
Unlike payday loan recipients, who must pay back their emergency cash by a specified date, the banks who received bailout money aren’t being held accountable.
Image by Tracy O via Flickr
Individuals who get small amounts of emergency cash through a payday loan are required to pay it back as soon as [...]
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