Homemade video trying to show why it is not a problem that China owns part of the U.S. government’s debt. Scroll 3 minutes into the video and you can see how he used low-tech paper to explain what would happen if we pay down the debt. …
Investor Icahn offers to buy CIT Group debt if bondholders agree …
Billionaire investor Carl Icahn offered Tuesday to buy bonds from CIT Group Inc.’s smaller bondholders at a discount as he tries to thwart a restructuring plan by the commercial lender.
Consider risks, benefits before you add to debt | Spokesman.com …
Spokesman.com: Over the past several decades, consumer culture has been built largely on debt and encouraged borrowing to help individuals fund lifestyles beyond their means. The numbers are sobering. Approximately one in every eight …
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