Cracking Finance
Your only stop for Business, Finance, Jobs and Insurance news.
Gaining a Personal Loan When You Are Unemployed
When you are unemployed, it can seem like everything is an uphill battle. You may feel discouraged because there are few reasonable options for you and your family. One thing you may be considering is a personal loan to get you through this tough time. The obstacle here is finding …
Payday Loans Companies Set to Rise With Economic Ups and Downs
Is it possible for an industry to be both cyclical and counter-cyclical? Companies offering online payday loans might just emerge from the recession just as strong, possibly stronger, than they fared in the downturn.
The popular perception of payday loans companies is they do well when factors …
Groupon goes public, sees 40% increase
The week that just passed finally saw Groupon go public after some intense build up. The coupon company that is now valued at $12.1 billion (insane, right?) saw its stocks jump in value on the very first day.
The shares jumped over 40% to $28.30. While it may seem surprising to …
Why should we worry about US’s AAA rating downgrade?
As you might be fully aware by now, United States of America has, for the first time in history, lost it’s AAA rating. US has held this rating since 1917. Standard and Poor (S&P) reduced US’s rating from AAA to AA+. This move was made by S&P due to concerns …
Investments left you in debt? Consider an IVA
One option for people struggling with unaffordable unsecured debts may be an IVA (Individual Voluntary Arrangement). This is a formal, legally binding debt solution designed to help you repay as much of your unsecured debt as possible, before the rest is written off.
This may sound like an ideal way out …
How to prepare yourself for another recession
While the worst part of the recession may have passed, the truth is that the American economy is still in deep trouble. Thousands lost their jobs, houses, cars and are still struggling to recover financially and economically. However, I wonder how many of them truly learned a lesson. For many, …
Goldman Sach’s CEO gets $13.2 million
The financial crisis might still not be over for most American but it is definitely over for executives such as chief executive of Goldman Sachs, Lloyd C. Bankfein, who recently received whopping $13.2 million for the year 2010.
Goldman Sach’s board of directors found it appropriate to give Bankfein and several …
Ernst & Young blamed for hiding Lehman Bros. ill condition
As we know, the recession in United States of America was mainly triggered when one of the most prestigious investment bank, Lehman Brothers, went bankrupt. So far the government has not been able to clearly blame someone for this.
Recently, Attorney General Andrew Cuomo has accused Ernst & Young, a reputed …
Get your loans from wellsfargofinancial
wellsfargofinancial – Wells Fargo Financial is a very famous financial services company that insurance and loans and credits. Currently, it is also the fourth largest bank according to assets and third largest according to market cap.
Wells Fargo offers services like retail banking, investment banking, commercial banking, mortgages and insurance among …
US banks continue to fail as seven more banks collapse
Did you think that we were completely out of recession? If you did, then don’t get your hopes too high because seven US banks has just collapsed. They have been taken by US regulators. These failures have raised the numbers of banks failed this year to over 100! The news …
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