Word: financees
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That's actually when we might start to see a problem, according to Raj Date, executive director of the Cambridge Winter Center for Financial Institutions Policy. In congressional testimony on March 2, he made the case that as the demand for loans from creditworthy borrowers picks back up, there might...
Most of these advertisements come with little or no disclosure about what specific companies, unions or individuals are providing the funds. Thanks to the recent controversial Supreme Court campaign-finance decision on Citizens United v. Federal Election Commission, the ads also offer premonitions of what many of these same members...
White House aides, who are critical of the Supreme Court decision, say they worry that the recent change to election law could lead to whole new level of campaign-finance pressure. "The most alarming part of Citizens United is that theoretically insurance companies could go to members and say, 'Oppose...
Thailand's recovery from the world recession has recently picked up steam, with Finance Minister Korn Chatikavanij garnering the Finance Minister of the Year Award from British-based magazine the Banker. But farmers have been complaining that rice prices have been falling and that they have not been benefiting from...
In auto lending, however, bad credit doesn't seem to be a hindrance. Slightly more than 36% of the car loans made by banks and finance companies in the fourth quarter of 2009 were to subprime borrowers, according to Experian Automotive, up from 34% in the third quarter. Still, borrowers...