Student Loan Debt
How advisors can help clients understand the burden of student loan debt and the best ways to reduce, eliminate or manage the debt load.
February 16, 2012
European Concerns Dominate Senate Banking HearingThe Senate Committee on Banking, Housing and Current Affairs heard testimony from three experts on the state of the financial situation in Europe on Thursday, and sought answers to additional questions as members explored how the U.S. might be exposed to the eurozone debt crisis.
February 10, 2012
Long-Lost Insurance Policy Returns to Bite CoupleIs there any harm in walking away from a policy without receiving confirmation that the policy was canceled by the carrier?
January 30, 2012
What We Worry About When We Worry About Greek DebtA second week of talks in Athens ended Friday with no deal between the country, the European Union and private holders of Greek bonds.
January 26, 2012
Greek Debt Talks Resume Amid BickeringTalks to resolve the Greek debt crisis were to continue on Thursday, amid ongoing disagreements among private creditors, the European Central Bank and other parties about which degree of losses might be considered acceptable and who might have to be included in those losses.
January 25, 2012
Greece Likely to Be Rated in Default: S&PWhatever debt swap arrangement Greece can work out with its creditors will likely still leave it with a default rating, according to John Chambers of Standard & Poors.
January 17, 2012
Q4 Earnings: Wells Fargo Beats Estimates, Boosts Advisor HeadcountWells Fargo beats earnings estimates, adds financial advisors, while improving its wealth-management net income.
January 17, 2012
Q4 Earnings: Citi Misses Earnings on Lower ResultsAt Citigroup, loans improved, but sales and profitsincluding those from its Morgan Stanley Smith Barney joint venturedeclined year over year.
January 16, 2012
Downgrades Hit Europe; PIMCO’s Gross Sees Greek DefaultFriday the 13th turned out to be very unlucky indeed for the euro zone, as Standard & Poor's downgraded nine countries in the bloc, including triple-A rated France and Austria, and put 14 of the 17 countries on negative outlook.
January 13, 2012
Europe Hit by Downgrade Speculation (Washington Post)The euro hit its lowest mark in over a year Friday on fears of a widespread European downgrade, in a sour end to what had been one of Europes brightest weeks since the debt crisis intensified.