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Debt consolidation and credit counseling news
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Credit Counseling News
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- Banks Bet Greece Defaults on Debt They Helped Hide
International Herald Tribune - Feb 24 7:00 PM Bets by some of the same banks that helped Greece shroud its mounting debts may actually now be pushing the nation closer to the brink of financial ruin.
- Banks Bet Greece Defaults on Debt They Helped Hide
New York Times - Feb 24 6:30 PM Credit-default swaps allow traders to profit while making it more difficult for Greece to borrow to finance its budget.
- SD bill closes gambling debt loophole
AP via Yahoo! News - Feb 24 2:48 PM A loophole that allowed a South Dakota man to avoid repaying a $33,000 debt because he once lost $1,500 to the lender in a card game would be closed under a bill headed to the governor's desk.
- English clubs top Euro debt league
AFP via Yahoo! News - Feb 24 10:19 AM
- The Other Debt Story: U.S. Treasuries and China
New York Times - Feb 24 8:30 AM It's when you need to borrow money that you find out who your friends are. China sold $34 billion worth of United States Treasury Securities in December, and The Daily Telegraph of London thinks this is no coincidence.
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