Investment Banking: The Power behind the Scene
Behind the plush image
When you think of an investment bank, the image that probably comes to mind first is a well-dressed banker sitting in a plush office on the top floor of a skyscraper. He or she leisurely sorts through a stack of papers on the desk, or takes an [...]
IBM Layoffs | 5,000 U.S. Jobs Cut
Big company, big cuts
News of impending layoffs at IBM leaked yesterday, but the official numbers weren’t confirmed until today. IBM says it is cutting 5,000 jobs in the United States. Hopefully their severance packages are big enough that they won’t need short term loans to get by.
Headed for the door
Yesterday, [...]
More IBM Layoffs in the Works
Company Cuts Jobs Despite Strong Quarter
When its financial quarter ended in January, IBM reported net income of $4.4 billion, or $3.28 a share, on revenue of $27 billion.
Nevertheless, the technology giant’s employee union posted a warning on its site that job cuts are imminent.
Round 2 for 2009
The number of layoffs [...]
Bailed Out Companies Can’t Hire Temporary Foreign Workers
India angry over visa rules
The economic stimulus package stipulates U.S. companies that receive bailout money cannot hire workers on H-1B visas.
Most H-1B visas go to engineers from India. Because India is facing its own rising unemployment rate, many Indians are unhappy about this policy.
What is an H-1B?
H-1B visas are temporary [...]
IBM Workers Might Need Payday Loans for Moving Costs
IBM offers laid-off workers positions overseas
We might see a higher demand for payday loans among IBM workers if some of them suddenly have to move.
This year IBM has already laid off more than 4,000 employees, but these layoffs come with an interesting option: Would you like a job in India?
Go [...]
Obama’s Plan Shouldn’t Kill the Payday Loan
Legislation to kill the payday loan?
Supporters of the payday loan industry are concerned that President Obama’s economic plan will eventually cripple short-term cash advance. Harry Lacheen of iStockAnalyst reports that payday loan and pawn shops “often come under heat from governments and consumer groups” because they supposedly charge exorbitant annual [...]
Advertising Network
Loan Modification
Free E-Book
Free eBook
Terms of Use Privacy Policy Contact Us
Copyright © 2009 by Personal Money Store "Article republication is authorized as long as all content links are unaltered".
