Does Bank Of America (BAC) Get The Next Bailout?

The Paulson/Bernanke bailout is now spreading across the financial system like a prairie fire in a stiff wind. AIG (AIG) got one deal ... on credit card, home, and auto loans increase, and commercial real estate and corporate loans fail ... of mortgages with its buyout of Countrywide, may not be a bad candidate. Neither is Morgan Stanly [more...]

Date: 2008-11-24 11:16:38

Blog posts (6) | Videos (47)
 

Give Me a Real Fix

Well it was another down day on Wall Street. All of the news seems pretty gloomy, from Sands corp ... is to restore confidence and force banks to loan and get people purchasing again on credit ... was they were really advertising that the food was bad and the service mediocre, not something you want [more...]

Date: 2008-11-12 08:12:08

Real Estate investing and bad credit reports

by Doc Schmyz In today’s world our credit score is everything. Creditors and bankers approve or disapprove loans based on your credit worthiness ... . You will be able to pay your bills on time. Having bad credit can reduce the opportunities of things. You may get approved for a loan or for a credit card but with a higher interest rate [more...]

Date: 2008-12-31 15:40:09

How Real Estate investors can deal with bad credit reports

by Doc Schmyz Creditors and bankers approve or disapprove loans based on your credit worthiness ... . Having bad credit reduces the opportunities of these things. You may get approved for a loan ... score is very important in today’s world. However, what do you do if you happen to have a bad credit [more...]

Date: 2008-12-24 13:04:29

Real Estate investing and bad credit reports

by Doc Schmyz Creditors and bankers approve or disapprove loans based on your credit worthiness ... . You will be able to pay your bills on time. Having bad credit reduces the opportunities of these things. You may get approved for a loan or for a credit card but with a higher interest rate [more...]

Date: 2008-12-25 10:33:44

Banks -- can't live with 'em, can't live without 'em

... That initial recapitalization was necessary. Without that government-financed capital, many more banks would have been insolvent, ... getting worse by the day, other assets, like commercial real estate and credit card loans, are going ... with the bad assets, once and for all. They need to be properly valued and they need to be isolated [more...]

Date: 2009-01-17 12:55:18

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