credit meld info

Markets snub EU pledge to help Greek with debt

admin — Thu, 11 Feb 2010 18:23:43 +0000

Markets snub EU pledge to help Greek with debt
Currency markets on Thursday snubbed European leaders’ vague pledge of support to help Greece avoid defaulting on its debt, sending the euro down against the U.S. dollar and doing little to halt fears of market contagion.

China CPI inflation slows but lending brisk

admin — Thu, 11 Feb 2010 16:55:24 +0000

China CPI inflation slows but lending brisk
Chinese consumer inflation unexpectedly slowed last month, but a leap in lending and a rise in factory-gate inflation will keep policymakers alert to the risk of credit-fueled overheating in the world’s third-largest economy.

Travelport Scraps $1.7 Billion London I.P.O.

admin — Thu, 11 Feb 2010 15:58:34 +0000

Travelport Scraps $1.7 Billion London I.P.O.
Travelport , the private equity-backed airline ticketing firm, called off its $1.78 billion London listing on Wednesday, citing poor market conditions, the latest in a slew of failed initial public offerings across Europe.

Buffalo Sabres Team Report

admin — Thu, 11 Feb 2010 15:12:28 +0000

Buffalo Sabres Team Report
Lindy Ruff has had it with moral victories. He wants real ones, and it appears he’s going to use fewer players to get them if that’s what it takes.

City requests surcharge, water credit from proposed Kirtland sewer users

admin — Thu, 11 Feb 2010 14:19:47 +0000

City requests surcharge, water credit from proposed Kirtland sewer users
KIRTLAND — The community water board established to operate the soon-to-be constructed public sewer line in Kirtland had a first look Tuesday on what the city of Farmington plans to charge for the wastewater treatment services.

Some Cash Loans May Increase Your Debt

admin — Thu, 11 Feb 2010 13:01:39 +0000

Some Cash Loans May Increase Your Debt
For many consumers with credit problems, short-term payday loan or car title loans can be tempting. But getting that quick cash often drives the borrower further into debt.

Was There A “Global Savings Glut” In 1986?

admin — Thu, 11 Feb 2010 12:01:58 +0000

Was There A “Global Savings Glut” In 1986?
It seems that, once again, former Fed Chief Alan Greenspan has grown tired of listening to his critics who have increasingly laid blame at his feet for the inflation of (and, more importantly, the subsequent bursting of) the nation’s housing bubble a few years back that led to a credit market melt-down shortly thereafter and the ongoing global financial mess.

Moody’s sees gloom for MN state, city, school debt

admin — Thu, 11 Feb 2010 11:04:54 +0000

Moody’s sees gloom for MN state, city, school debt
Associated Press – February 10, 2010 4:34 PM ET ST. PAUL, Minn. (AP) – 1 of the three big credit rating agencies has lowered its outlook for three kinds of government debt in Minnesota.

Bernanke outlines plan for pulling in stimulus aid

admin — Thu, 11 Feb 2010 09:56:37 +0000

Bernanke outlines plan for pulling in stimulus aid
Fed would start to tighten credit by boosting the interest rate it pays banks on money they leave at the central bank. However, any such changes would be months away.

Powerful Smartphones Bound for Mobile World Congress

admin — Thu, 11 Feb 2010 09:10:39 +0000

Powerful Smartphones Bound for Mobile World Congress
With only a few more days until the Mobile World Congress begins in Barcelona, Spain, rumors are flying about which new phones, apps, and operating systems will be making an appearance. Will we finally see a Zune phone? Will HTC release another powerful Android phone? And what about Samsung’s new Bada OS?