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BEAVERTON, Ore. - (Business Wire) Genesis Financial Solutions, an originator and manager of credit-sensitive unsecured consumer receivables, has successfully converted and assumed management of more than 70,000 performing and nonperforming credit ... Read all

Genesis Financial Solutions Converts Credit Card Portfolio in Record ... - Earthtimes
PITTSBURGH -- With many Americans drowning in debt, credit card companies are suddenly willing to throw some of them a life preserver. But it could be a sign of more struggling times ahead for the struggling economy. When shoppers plan to charge a ... Read all


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The program, initially announced Nov. 25, allows the Fed to spend $500 billion to buy mortgage-backed securities guaranteed by mortgage giants Fannie Mae and Freddie Mac and another $100 billion to directly purchase mortgages held by Fannie, Freddie ... more...

NY Fed begins purchasing mortgage securities - AOL
For most of the 1990s, the euro was the big political question for both Spain and the UK. In Britain, the question was whether to join, while in Spain the concern was whether its economy was robust enough to qualify for membership. As the credit ... more...

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