Share ideas on the topic of personal finance. Some topics could be saving, budgeting, retirement planning, investing, handling credit, obtaining a mortgage, etc.
TOKYO (AFP) -- Japan's top securities firm Nomura Holdings has agreed to an asset-management capital tie-up with Life Insurance Corp. (LIC), India's largest life insurer, a newspaper has reported. Under the accord, Nomura will take a 35 percent stake in LIC Mutual Fund Asset Management Co., a LIC subsidiary, for about six billion yen (65 million dollars), the Nikkei business daily reported. Nomura is expected to send executives and staff to LIC Mutual Fund Asset Management, which currently... Read Full Story
Chinese soldiers stood next to Uighur women at a security fence in Urumqi, which has settled into an uneasy calm. Peter Parks/Agence France-Presse — Getty Images
From The New York Times:
BEIJING — In his first comments on the deadly riots in China’s far northwest, President Hu Jintao called Thursday for stability and promised harsh punishment for those found to have played a role in the disturbances that have killed scores of people and injured more than a thousand.
Mr. Hu, who cut... Read Full Story
President Barack Obama has picked Dr. Regina Benjamin as the next surgeon general. Dr. Benjamin hails from the Deep South, rural Alabama to be exact. She made headlines in the wake of Hurricane Katrina with an unyielding determination to rebuild her nonprofit medical clinic. As you know, the surgeon general is the advocate of the people and the position can be a very powerful and effective one with the right personality -- like Dr. Benjamin. According to media reports, about 10 years ago... Read Full Story
If you feel that you may not be disciplined enough to make the repayments in time it may be a good idea to look at taking out a personal loan instead. The interest rates for unsecured personal loans are generally much lower than those... Tagged as: disciplined, repayments, personal, interest, unsecured, generally Read Full Story
The US government will pull its support from General Motors if the automaker does not get court permission for a speedy exit from bankruptcy protection by July 10, an official testified on Wednesday. "We cannot make an open-ended commitment," Henry Wilson, a member of President Barack Obama's automotive task force, told the New York court. GM is seeking court permission to sell its best assets to a new company in which the US government will get a majority stake. Should the plan be approved... Read Full Story
If it's probable that the deal's investment bank will default, the issuing company must recognize an expense equal to the fair value of the unreturned shares, says FASB.
Robert Willens
- CFO.com | US July 6, 2009
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There are times when a company finds that the cost of borrowing its own shares is "prohibitive." When that happens, a company may, and frequently will... Read Full Story
The US government will pull its support from General Motors if the automaker does not get court permission for a speedy exit from bankruptcy protection by July 10, an official testified on Wednesday. "We cannot make an open-ended commitment," Henry Wilson, a member of President Barack Obama's automotive task force told the New York court. GM is seeking court permission to sell its best assets to a new company in which the US government will get a majority stake. Should the plan be approved... Read Full Story
Mortgages. Leverage. Yield curve. Above-market yields. That's enough to scare anyone. Annaly Capital Management NLY boasts a 15.9% yield. Annaly has hiked its payment in 14 of the past 16 quarters, to 60 cents a share from 10 cents. But that followed a streak of dwindling payments. Annaly runs a sort of wholesale savings-and-loan. It doesn't have a branch system to accept deposits. Annaly borrows short term through repurchase agreements, or repos. It uses its portfolio of mortgage-related... Read Full Story
TOP SITES ABOUT PAYDAY LOAN and CASH ADVANCE : 1. INSTANT ONLINE CASH ADVANCE - best offer for instant online cash advance. Get the funds deposited directly into your checking account to immediately access cash in order to balance your budget, handle emergencies, consolidate bills, or put money in your wallet! You'll receive a no-obligation loan quote that details the rates and terms after you apply. I have being working with them for 2 years. 2. INSTANT ONLINE CASH ADVANCE - Simply fill out... Read Full Story
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