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finance used auto with bad creditThe rain may have been pouring down Friday at midday, but Dave Adkins was having no trouble selling cars at Turnpike Ford on 5th Avenue. "We're slammed," he said about noon. "We sold four cars yesterday, six so far today, and we're working on our ... Read more
Some local auto dealers weathering economic recession - Herald-DispatchComing up the escalator at Euston Station I passed an advertisement urging me to catch the train to 'historic Chester’ for prices 'from £11’. My peak-time return ticket cost £201. It was past 8pm when I arrived, and I decided to take a stroll ... Read more
Financial crisis: high noon on the high street - Daily TelegraphRecord foreclosures hitting Orange County involve more than just newbie buyers who got in over their heads. Some housing watchers say evidence is mounting that even veteran homeowners got caught up in housing euphoria and now are paying for it. The ... Read more
Second mortgages: Lines of danger? - Orange County RegisterGlobal stocks surged and oil prices rallied to over $73 a barrel on Thursday after upbeat news from the around the world pointed to an economic recovery. Copper, zinc, lead, tin and nickel all jumped to their highest levels since last October on ... Read more
TAKE-A-LOOK: Recovery hopes drive oil above $73, stocks up - ReutersNEW YORK, June 11 /PRNewswire-FirstCall/ -- Mortgage rates soared this week, with the average 30-year fixed mortgage rate rising to 5.95 percent. According to Bankrate.com's weekly national survey, the average 30-year fixed mortgage has an average of ... Read more
Bankrate: Mortgage Rates Surge Higher - PR NewswireLast fall, if you had predicted that by the middle of this year, 10 of the biggest banks would have paid back all $68 billion of their bailout money and begun to raise private capital again, that General Motors and Chrysler would have dramatically ... Read more
Economic turnaround team finds more critics than supporters - St. Petersburg TimesStephen Lubben, the bankruptcy expert who has been documenting every twist and turn of the Chrysler and General Motors sagas at Credit Slips, notes today that "Several people have asked me whether California might not follow GM into bankruptcy court ... Read more
Site Presented By - SalonThe scenario was eerily familiar. A long real estate bubble that had expanded extra rapidly for the previous five years suddenly burst, and asset prices came crashing back down to earth. Banks and financial institutions were left holding piles of ... Read more
Japan's post-bubble policies produced a "lost decade." So why is ... - Reason.comHouse of Cards: A Tale of Hubris and Wretched Excess on Wall Street , by William D. Cohan, New York: Doubleday, 450 pages, $27.95 Bear Trap: The Fall of Bear Stearns and the Panic of 2008 , by Bill Bamber and Andrew Spencer, New York: Brick Tower ... Read more
Sympathy for the Investment Banker - Reason.comAlthough the Obama administration and a Democratic-controlled Congress now own a majority stake of General Motors, the retired executive appointed yesterday to be the company's new CEO, Edward E. Whitacre, Jr., is a veteran Republican fundraiser ... Read more
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