Published 04/02/2016 | 02:30 (Stock image) International ratings agency Moody’s has controversially suggested large numbers of mortgage holders have stopped making repayments in a bid to get debts written off. Share Go To Banks have in the past suggested that a large number of those in arrears are so-called strategic defaulters – those who make…
National Greyhound Form PTY LTD has been placed into administration with many people in the industry left out of pocket after the abrupt disappearance of Hotdogs.com.au and print publication National Greyhound Form. Paid-up subscribers have flooded social media sites and greyhound forums with complaints after the popular website was taken offline at the end of…
Published 04/02/2016 | 02:30 (Stock image) International ratings agency Moody’s has controversially suggested large numbers of mortgage holders have stopped making repayments in a bid to get debts written off. Share Go To Banks have in the past suggested that a large number of those in arrears are so-called strategic defaulters – those who make…
Matt Barrie, CEO of Freelancer.com, has taken a massive swing at the New South Wales government and Sydneys lockout laws, arguing they have destroyed the soul of the nations biggest city. In a colossal 8,400 word post on LinkedIn which is now going viral Barrie slams the government for its Orwellian nomenclature which replaced a…
A Donegal county councillor has told a court he is facing bankruptcy as a result of failed business dealings and does not have money to pay compensation to a woman he drove over 16 years ago. Independent Cllr John ODonnell was at the centre of controversy last December when he featured on an RTÉ Investigates…
With more than half of American consumers classified as having subprime credit scores,1 it is no surprise that subprime lending is once again on the rise. Making expensive loans to the underemployed and overextended may help fuel economic growth2; however, it is neither just nor sustainable. Dependence on higher-risk subprime loans to boost spending seems…
In Better Bankers, Better Banks: Promoting Good Business through Contractual Commitment, Claire A. Hill and Richard W. Painter provide an account of the changes to banking that encouraged the risk-taking that became a factor in the global financial crisis, and propose a solution: covenant banking. The authors suggestion of binding bankers to contracts that encourage accountability…
Dr Banchong Mahaisavariya, vice president of Mahidol University, speaks of the controversial scholarship defaulter at a press conference at the university in Nakhon Pathom province on Tuesday. (Photo by Chanat Katanyu) Related Stories Mahidol University will try to have a former lecturer who defaulted on a 10-million-baht state scholarship in the US declared bankrupt in…
February 02, 2016, 14:12, (Property Xpress) – Vesta company filed an insolvency request with the Moscow Arbitration Court against Eastward Capital at the en … This article contains 322 words. The rest of this article is for Property Xpress users, subscribed to the Russian market only. Please sign in using the login form in the…
.@ArchCoals management hopes to use bankruptcy protection to shed $4.5 billion in debt. In case you somehow missed the news, Arch Coal, North Americas second largest coal company, filed for bankruptcy a few weeks back. Archs management hopes to use bankruptcy protection to shed $4.5 billion in debtmoney that Arch borrowed from investors near the peak of the coal…