On April 23, I interviewed Kevin Walker, the Founder and CEO of SimpleTuition.com, a website that helps students and families navigate the complex world of student loans. We discussed how the...
In a move co-ordinated with three European central banks and the Bank of Canada, the Federal Reserve expanded its securities lending to enable bond dealers to brrow upto $200 billion of treasurys...
The site prosper.com provides investors (lenders) and entrepreneurs (borrowers) a marketplace to be matched. By eliminating the banks or lending company from the equation a lot of fees are reduced...
S&P and Moody's those venerable rating institutions totally missed the coming storm on the sub-prime market. Until June sub-prime bonds were rated AAA. Most are now junk.
So much for the experts.
It's starting in Massachusetts but watch out, it will be coming to a city near you. Big bailouts of borrowers to overextended themselves. I should have done the same to get a government hand-out....
Jacqueline Novogratz, Stanford MBA '91 has combined her business experience with a desire to help the poor in developing countries. The Acumen Fund provides loans to businesses that sell products...
Good summary of the social lending, or P2P lending market. In it, site's enable users to lend to each other, bypassing banks altogether. It's nascent but has potential.
BestCashCow provides information on the best CD (certificates of deposit) rates, the best money market rates, the best savings rates, and more - as well as financial information that can help you make better decisions with your money.