Bad Credit Loans

Were Obama’s bank reforms a coincidence? Was it coincidence that Obama chose to announce his reforms on the day that Goldman Sachs announced its full-year figures? Almost certainly not. The timing, one assumes, was designed to illustrate how taxpayer-funded support programmes have inflated profits, pay and bonuses. Naturally, Goldman strained to show that, unlike Morgan Stanley, it [...]

The benefits of Tarp and other bailouts for US banks are difficult to quantify – but they were essential Quote of the day from Capitol Hill came from John Mack of Morgan Stanley on the subject of duff mortgages: “We did eat our own cooking and we choked on it.” It’s a useful analogy because it [...]

• Carmaker made $357m pre-tax profit in north America• Ford profits in Europe rise to $193m from $69m Ford said today that it had returned to profit in north America for the first time in over four years, a milestone for the carmaker, which has lost billions of dollars in one of the toughest periods in [...]

No wonder America’s banks are making profits again: the US government is bribing them to borrow its own money Most of us work for a living, the rest are bankers. These days the news is filled with great tales about how America’s banks are coming back. Even that giant corpse Citigroup is showing signs of life. [...]

For years in this country it has always been tradition at Christmas to sit back relax and enjoy your time with your family. Getting ready for the Christmas dinner and watch the usual repeats that play through out the festive period. Then usual the next day you have loads of left over meat and accompanied [...]

Easyjets profits are down by 45%, from evaluations made in September 30 th this year. It’s said that the budget airline made 110 million pounds in profit. In contrast although profits are down these mainly are due to soaring fuel prices. Customers have increased by 17.5% to 43.7 million due to the collapse in other [...]