Sunday, March 25, 2012

Debt

  • BRUSSELS (AP) -- The agency that oversees financial derivatives says a massive debt relief deal for Greece constitutes a so-called credit event, meaning it will trigger payouts on bond insurance.
  • (Yahoo Finance)
  • 'I Don't mean to be flip with this,'' said Mitt Romney during a q-and-a with students at the University of Chicago last week. "But I don't see how a young American can vote for a Democrat.
  • (Boston Globe)
  • This post originally appeared on CNBC. Your father passed away, naming you as the sole heir to his estate. Unfortunately, that estate includes $30,000 in credit-card bills and a house with negative equity.
  • (The Business Insider)
  • When times are good, private sector debt signals that consumers and businesses are taking risks, buying goods and services, and investing in ways that fuel economic growth.
  • (Wall Street Journal)
  • After graduating from the University of Notre Dame with $172,000 in college loan debt, a young suburban woman sought help from financial planner Joseph Orsolini.
  • (Arlington Heights Daily Herald)
  • European Union Economic and Monetary Affairs Commissioner Olli Rehn said the region will toughen debt-crisis defenses to guard against future risks.
  • (Businessweek)
  • TOKYO—Foreign ownership of Japanese government debt rose to 8.5% at the end of December, from 6.
  • (Wall Street Journal)
  • Denmark's central bank is stepping up its focus on the country's record private debt load to ensure households don't suffer losses when interest rates start to rise, Governor Nils Bernstein said.
  • (Bloomberg)
  • Yell Group Plc (YELL), publisher of the U.K.'s Yellow Pages, will appoint a banking adviser to help restructure billions of pounds in debt, the Sunday Telegraph said, citing people it didn't identify. The Berkshire, U.K.
  • (Bloomberg)
  • LONDON, March 23 (Reuters) - Italy is likely to draw decent demand for its bonds when it seeks to raise up to 7.
  • (Reuters)

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