Posted by @ Thursday, Dec. 31st 2009
A late burst of selling leaves stocks with a hefty loss Thursday as traders take cash off the table at the end of a banner year, highlighted by the biggest annual percentage gain in the Dow Jones Industrial Average in six years.
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Rate worries and low volumes put damper on stocks
Posted by @ Thursday, Dec. 31st 2009
Remember, for a moment, those heady days of late December 2008. The news had been so relentlessly bad for 12 months that 2009 had to be better. A new president! The Columbus Chamber of Commerce predicting that central Ohio would lose only 3,100 jobs! How innocent we were.
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Year’s news awash in money worries
Posted by @ Thursday, Dec. 31st 2009
Zimbabwe is considering mortgaging its mineral wealth to offset the country’s 5.4 billion dollar debt owed to multilateral donor agencies, a government report says.
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Zimbabwe mulls mortgaging minerals to offset debt
Posted by @ Thursday, Dec. 31st 2009
Where’s all our money gone?… Avram Grant is convinced Portsmouth still have what it takes to survive in the Barclays Premier League, despite a resounding 4-1 home defeat to Arsenal and more financial worries.
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We can avoid relegation – Grant
Posted by @ Thursday, Dec. 31st 2009
An NHS helpline for people with money worries has been launched after a successful pilot scheme in the city.
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Bristol Stressline makes help with money worries just a call away
Posted by @ Thursday, Dec. 31st 2009
BORDENTOWN CITY — Mayor James Lynch says he expects 2010 to be a better year for the city, but also is unsure what to anticipate financially.
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BORDENTOWN CITY: Budget worries loom for 2010
Posted by @ Thursday, Dec. 31st 2009
Sellers of default insurance on Aiful Corp. debt may have to pay out about $975 million to settle contracts on Japan’s third-biggest consumer lender, according to CMA DataVision prices.
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Aiful Debt Swap Sellers to Pay $975 Million to Settle Contracts
Posted by @ Wednesday, Dec. 30th 2009
Senate action late last week that increased the limit on the government’s credit card to a record $12.4 trillion gave a significant boost to a proposal to appoint a special commission to make the tough decisions that will be required to dig the nation out of debt.
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Support grows for tackling nation’s debt
Posted by @ Wednesday, Dec. 30th 2009
A class-action suit claims more than 100,000 New Yorkers are victims of a network of debt collectors who used fraudulent documents to surreptitiously win court judgments.
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Lawsuit Charges ‘Sewer Service’ Fraud by New York Debt Collectors
Posted by @ Wednesday, Dec. 30th 2009
Bipartisan support is growing in Congress for action to stabilize the nation’s bulging debt, which is now $12.1 trillion.
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U.S. in fiscal peril with $12.1 trillion debt