FED CUTS RATES 75 BASIS POINTS IN EMERGENCY MOVE
Hoping to halt a market meltdown and prevent a recession, the Federal Reserve lowered its overnight lending rate by three quarters of a percentage point to 3.50% on Tuesday in a rare move between formal meetings.
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NATIONAL CITY CORPORATION LOWERS PRIME RATE TO 6.50 PERCENT
National City Corporation today announced on behalf of its subsidiary banks that it has lowered its prime rate to 6.50 percent from 7.25 percent, effective immediately. The rate was last changed on December 11, 2007, when National City lowered its prime rate to 7.25 percent from 7.50 percent.
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CALIFORNIA TAX BREAKS COSTLY, BUT POPULAR
DEMOCRATIC legislators in California want to raise taxes to close a whopping state budget deficit, but as they denounce Gov. Arnold Schwarzenegger's initial proposal to slash spending, they're shying away from directly calling for general tax increases.
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SALLIE MAE LAYING OFF WORKERS AMID FINANCIAL SQUEEZE
WASHINGTON - A $25 billion collapsed buyout offer and higher borrowing costs have prompted Sallie Mae, the nation's largest student lender, to lay off about 3 percent of its work force nationwide.
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BERMAN HOLDINGS TO ACQUIRE CARD PAYMENT PROCESSOR MERCHANT PROCESSING
Berman Holdings, Inc. (Pink Sheets:BRMN) today announced it has entered a letter of intent to acquire 100% of Merchant Processing International, Inc.
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PAULSON SEES COOPERATION ON STIMULUS PLAN
NEW YORK (CNNMoney.com) -- Treasury Secretary Henry Paulson said Tuesday he is confident the administration and Congress can work out a plan to stimulate the economy and expressed support for the Federal Reserve's decision to cut interest rates.
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FAIR ISAAC INTRODUCES DECISION TOOL KITS FOR LENDERS
Fair Isaac Corp. a provider of analytics and decision management technology, recently announced a new forward-looking decision tool kit for lenders.
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BANK OF AMERICA, WACHOVIA PROFITS NEARLY WIPED OUT
Bank of America Corp and Wachovia Corp , the second- and fourth-largest U.S. banks, on Tuesday said quarterly profits were nearly wiped out by more than $10 billion of credit losses and write-downs.
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U.S. BANCORP LOWERS PRIME LENDING RATE
U.S. Bancorp announced it will lower its prime lending rate to 6.50 percent from 7.25 percent, effective after the close of business today, January 22, 2008, at all U.S. Bank locations.
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CONSUMERS CAN STILL FILE FOR BANKRUPTCY, BUT IT'S HARDER NOW
A little over two years since the enactment of a landmark bankruptcy reform law, debt-strapped consumers are finding it tougher to wipe out their bills.
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EMPLOYERS PAY MORE TO RELOCATE WORKERS
In what some analysts are calling the worst housing slump since the Great Depression, employers are paying more to get reluctant employees and new hires to sell their homes and relocate for work.
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A DEPLETED FED PLUGS AWAY
WASHINGTON — Federal Reserve policymakers are in one of their most critical periods in years as they work to prevent the economy from slipping into a deep downturn. And they are doing so short-staffed.
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TOUCHSTAR EARNS TWO MORE CALL CENTER TECHNOLOGY PRODUCT OF THE YEAR AWARDS
Denver, CO (PRWEB) January 18, 2008 – TouchStar, a rapidly growing call center technology provider, announced today that it received two more Product of the Year Awards. The awards were presented by Customer Interaction Solutions magazine and Internet Telephony magazine. TouchStar is recognized by both magazines for outstanding quality and innovation in its call center technology.
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| DebtConnection.com is a searchable database of collection products and services.
The following Updates and New Entries occured since the last At A Glance was sent: | | | Portfolios For Sale | $2,144,000.00 Consumer Loans
MATTIA & ASSOCIATES
http://www.debtconnection.com/portfolio.asp?464
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2999
$3,175,885.00 Credit Cards
International Credit Services, LLC
http://www.debtconnection.com/portfolio.asp?463
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2773
$1,848,594.00 Credit Cards
Argonaut Financial, LLC
http://www.debtconnection.com/portfolio.asp?458
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1826
$2,896,787.00 Credit Cards
Argonaut Financial, LLC
http://www.debtconnection.com/portfolio.asp?455
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1826
$1,502,697.00 Credit Cards
L & L FINANCIAL SERVICES
http://www.debtconnection.com/portfolio.asp?453
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2728
$1,093,364.00 Credit Cards
L & L FINANCIAL SERVICES
http://www.debtconnection.com/portfolio.asp?452
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2728
| | Attorney | UNDERWOOD LAW FIRM
314-621-4940
| | Debt Registry | GLOBAL DEBT REGISTRY, LLC
Gregory S. Ousley
866-660-2341
More Information
| | Legal Networks/Services | CAPITOL LEGAL SUPPORT
817-320-4740
| | Skip Tracing | APEX DATA NETWORK INC
DENISE LEE
877-629-2739
More Information
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Industry Events
|
Consumer Bankruptcy in Practice: A Webinar Series
American Bankruptcy Institute
Nashville, Tennessee
January 28, 2008
(703) 739-0800
More Information
DBA International 11th Annual Conference
DBA International
Mirage Hotel and Casino
Las Vegas, Nevada
February 5 - 7, 2008
(703) 610-0224
More Information
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| At A Glance - Tuesday, January 22, 2008 |
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| At A Glance - Friday, January 11, 2008 |
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