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Catch Me If You Can – They Did, After Three Years

Back in 1990 when the property market fell, the bank base of interest was 23%. I was stuck with three properties. I had 30% of my money in each property, and 70% from a bank loan. See more here: Catch Me If You Can – They Did, After Three Years Read more from the original source: Catch Me If You Can – They Did, After Three Years Call or visit our website to speak to a bankruptcy attorney or learn more about filing for bankruptcy . Baxter & Baxter, LLP 8835 SW Canyon Lane, Suite 130 Portland, Oregon 97225 (503) 297-9031 Portland Oregon Bankruptcy Baxter & Baxter, LLP 1101 Broadway Street, Suite 213 Vancouver, Washington 98660 (360) 574-5239 Vancouver WA Bankruptcy

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Is Your Bank in Immediate Danger of Failure?

The economy still has a long road toward recovery, so we’ve used a highly accurate metric to tell you whether the money in your bank is at risk. Check to see if your bank is one of the 10 institutions that made our list, and if you have friends or loved ones who may also be exposed, pass this information along to them without delay. See original here: Is Your Bank in Immediate Danger of Failure? Read this article: Is Your Bank in Immediate Danger of Failure?

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Homeowner Wants To Walk, Despite New Loan Terms

Thad Salter’s home is now worth less than half of its 2006 purchase price of $300,000. Even after his bank modified his mortgage, Salter wondered whether it would be better to walk away from the loan. At least one law professor says he should do just that. » E-Mail This      » Add to Del.icio.us

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Morgan CEO could get $8.1M stock bonus for 2009 (AP)

AP – Morgan Stanley CEO James Gorman could receive a stock bonus currently valued at $8.1 million for 2009 if he meets certain performance targets, the bank said Friday. Read this article: Morgan CEO could get $8.1M stock bonus for 2009 (AP)

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Goldman Sachs Reports Higher Profits, Bonuses

Goldman Sachs Group Inc. said it earned $4.79 billion in the fourth quarter as the bank’s trading business again outdistanced the rest of the financial industry. The company rewarded its employees with $16.2 billion in salaries and bonuses for 2009, up 47 percent from the previous year but still …

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Citigroup Loses $7.6 Billion As It Repays Bailout

Citigroup said it lost $7.58 billion during the final three months of 2009 as consumers still struggled to repay loans and the bank repaid its government bailout money. Citigroup said most of the loss was tied to paying back $20 billion in money it received from the government. Continued …

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Citi hires former Morgan Stanley Asia CEO

HONG KONG (Reuters) – Citigroup said on Monday it appointed Alasdair Morrison as an Asia senior adviser, a new role for the bank meant to support its expansion across the region. Go here to read the rest: Citi hires former Morgan Stanley Asia CEO

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Dollar rises ahead of economic reports

The dollar firmed against rival currencies Wednesday as investors await reports on retail sales and the job market, as well as a policy statement from the European Central Bank. Continue reading here: Dollar rises ahead of economic reports

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$24 billion lawsuit filed against Credit Suisse

BOISE, Idaho – (AP) Property owners at four struggling and bankrupt resorts in Idaho, Montana, Nevada and the Bahamas have filed a $24 billion federal lawsuit against Credit Suisse, saying the bank gave predatory loans to the resorts’ investors as part of a scheme to take over the properties. See more …

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Lloyds agrees to settlement on financial sanctions

WASHINGTON – (AP) The Treasury Department says Lloyds TSB Bank PLC has agreed to a $217 million settlement stemming from claims the bank manipulated money transfers to allow customers to skirt U.S. Excerpt from: Lloyds agrees to settlement on financial sanctions

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