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.
German Cabinet Approves Bigger Rescue Fund
By Marlene Y. SatterThe members of German Chancellor Angela Merkels Cabinet gritted their teeth and passed a measure on Wednesday that would provide for a larger rescue fund in response to the euro zone debt crisis.
August 22, 2011
China to Be Hurt by ‘Black Death’ of Europe’s Debt Crisis: CommentaryA commentary appearing in the overseas edition of the People's Daily, the chief newspaper of the Chinese Communist Party, said that the euro zone debt issue was spreading like the Black Death and would harm China itself.
August 17, 2011
ACLI to NAIC: Some Asset-Backed Securities are Different from OthersThe American Council of Life Insurers wants insurance regulators to distinguish between different types of non-mortgage asset-based securities when rating ABS assets.
August 16, 2011
Fitch Reaffirms Triple-A U.S. Debt RatingFitch Ratings affirmed the United States Triple-A debt rating Tuesday and called the countrys outlook 'stable.'
August 12, 2011
5 Best Quotes From Wild Market Month—So FarAs investors suffered market whiplash in August, Bill Gross, Jeremy Grantham and others made insightful, if not depressing, comments about the economic implications stemming from the debt ceiling debacle and the S&P downgrade.
August 10, 2011
Commerzbank Profits Fall 93% on Greece WoesAn indication of how much the debt woes of other countries may affect banks came on Wednesday as Commerzbank AG of Germany said its quarterly profit fell 93% once it had written down the value of its Greek holdings.
August 10, 2011
Nine Are Named to Crucial Deficit PanelSenate Majority Leader Harry Reid was the first of the four congressional leaders to make his three selections for the Joint Select Committee on Deficit Reduction, with Speaker John Boehner and Sen. Mitch McConnell following Wednesday, and Rep. Nancy Pelosi yet to make her picks.
August 08, 2011
Is the Latest Greek Bailout Just Delaying the Inevitable?The latest Greek bailout is just a bandage for its ever-increasing debt.