I have always been interested in the stock market and how it works, and I believe that I am not old enough and mature enough to invest. I have had a $8 an hour job for about a year now, so i have a ...
i cant invest huge amount so i want to start with low investmen
what is the lowest investments
what is the technique of investing
how to make a smart investment and how to get aware of ...
My Investment teacher wants me to find rate of income growth for a stock and rate of revenue for the stock. What's the difference between income and revenue?...
Why would people sell a stock @ a losing price unless they NEEDED the money at the moment? I can understand if the business is about to close but yeah? How hard is it to sell a high stock!?!? I know ...
hi i am new to mutual funds can any body tell me what are all different charges made when we invest in mutual funds...please provide me the details of all the ...
I have been left £100 in a will from my great step-grandmother, but I never really knew her, so it doesn't feel ethical accepting her money. I thought about donating it to a charity, but which ...
Iam currently collecting 5.05% In a Savings account.
I don't need this money very much at this time and I am willing not use it for a 6 month plus period....
Is it because they delete our questions for no good reason and we are complaining to sponsors? Is it because they have some outdated aol rules? Is it because their searches are not as good as G...
i think the government should offer the bankers the same deal that the bank offers the homeowners!!!
yknothavefun2
We cannot have banks going out of business and taking our deposited money with them. Anyone who chose to buy a home with an ARM, I say tough luck. I locked my home in at 7.5% (first time homebuyer), was happy to get a house, payment and interest in my price range. I do think they need to review the failed loans, was a mortgage broker involved? If they falsified income to get loan approved THEY should personally be held responsible.
The govt needs to be freezing these companies accounts. If you run a company into the ground, cost investors millions, severence pay should NOT be allowed....use that to relieve the debts.
betmoneyonit
You should probably take this to politics. Your understanding of economics is too limited to comprehend the situation if that is your take on it.
PENWESTERN
If we allow our banks to fail then credit stops and everyone is affected. I do not want to see a great depression.
Is it fair? No, but necessary for the good of all.
Is it fair that CEOs of failing companies make gazillions of dollars while laying off the workforce and/or freezing wages? Nope. It is what has been happening for the past few years at least.
exactduke
The last time the govt decided not to save the precious NY bankers, we had the great depression. A minor quibble I know. Homeowners survived that quite well (didn't they??).
muncie birder
Who do you think give the larger campaign contributions and allows the congressmen to use their airplanes and vacation homes gratis?
annalyzedgourds
Never under any circumstances should the government put banks before homeowners but alas that is just what they have been doing and will continue to do. Such is life:(
Rabbit
I don't think so. But then, part of the problem is a political thing that government caused. Still, business ran with gusto the new customer base (previously ineligible customers) and did often stretch the truth (ARMs are traditionally benign finance tools, but some of the interest rates rose much too fast and much too high compared to what was described in the sales pitches).
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