JP Morgan Chase and Bank of America were hit with new suits over subprime mortgage securities purchased by a German bank which nearly collapsed from losses on the investments, court documents showed Friday.
By Maria Spiliopoulou ATHENS (Xinhua) — Greece needs additional fiscal measures to slash budget deficits, Greek Finance Minister Evangelos Venizelos and International Monetary Fund senior representative in Greece Bob Traa said on Monday.
2,500 families have reduced their unsecured debt with the aid of automated technology. As America’s national debt sits above $14 trillion consumers and congress is raising the debt ceiling by $2.4 trillion, American’s are becoming increasingly concerned. Across the nation American families are reducing their debts with the use of America’s legal system according to [...]
CBE Group (CBE), a leader in the debt collection industry, announced that its Senior Vice President and General Counsel, Michael L. Frost, will present at the Debt Collection Symposium and Expo (DCS). The conference is scheduled for September 13 – September 15, 2011 at the Red Rock Hotel in Las Vegas, NV. Frost will co-present [...]
European stocks plunged by about 5.0 percent in mid afternoon trading on Monday, hit by acute tension over the risk of recession in leading economies and over eurozone debt.
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