Bankruptcy, Student Loans

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Bankruptcy

There is much in the news these days about bankruptcy filings. Some of the reports are sympathetic to those who have filed for bankruptcy while other reports portray those who file for bankruptcy protection in a less than flattering light. In some ways, both are accurate representations as the sheer volumes of individuals who file encompass a great variety of motivations and character.

Student Loans

Many people who are very successful today used student loans to pave their way to success. The student loans are available to those who do not have the funds to pay for their education. A quality education can cost thousands of dollars, and only wealthy people or those who started saving early are able to pay for a college education with their own funds. Without these special loans, potential graduates would have to work at less lucrative jobs to save money for their education.

Financial Topics

Pandit sees revival of Citi’s fortunes

(03/10/2010 11:02 PM)
Vikram Pandit, Citigroup’s chief executive, will raise the prospect of the US bank earning as much as $20bn from its core business within a few years, a big increase from current levels that would mark a sharp revival in Citi’s fortunes
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BP strikes $7bn Brazil oil deal

(03/11/2010 11:18 AM)
The energy group is set to make its first move into the deep waters off the South American country with a $7bn deal to buy oil and gas assets put up for sale by Devon Energy of the US
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CBOE to take first step towards IPO

(03/11/2010 02:36 PM)
The Chicago Board Options Exchange, the world’s last big member-owned exchange, filed an application with US regulators for an initial public offering
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China data spur talk of further tightening

(03/11/2010 05:42 AM)
Pressure on Beijing to begin raising interest rates and to allow the renminbi to appreciate against the US dollar is set to rise as inflation jumped 2.7 per cent last month from a year before
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