Lastest News in Credit Card Debt – Sep 15, 2008

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See today’s average credit card rates across the country. – MSNBC

12 Sep 2008 at 4:45am
Foreclosure filings in August increased 27 percent compared to the same month a year ago, a significantly slower pace than in previous months, according to data released Thursday. Nationwide, 303,800 homes received at least one foreclosure-related …

Former SIUC employee pleads guilty to theft – Chicago Tribune

11 Sep 2008 at 7:30am
CARBONDALE, Ill. – A former employee at Southern Illinois University has pleaded guilty to charges that accused her of using an SIU credit card to buy thousands of dollars worth of items for herself. Forty-one-year-old Rhonda Musgrove of Anna was …

Lehman rescue fails, BofA buys Merrill for $50B – Miami Herald

14 Sep 2008 at 9:17pm
A failed plan to rescue Lehman Brothers was followed Sunday by more seismic shocks from Wall Street, including a government-brokered takeover of Merrill Lynch by the Bank of America for $50 billion. A forced restructuring of the world’s largest …

Bank of America Will Buy Merrill to Gain Brokerage (Update1) – Bloomberg

14 Sep 2008 at 10:00pm
Sept. 15 (Bloomberg) — Bank of America Corp. cemented its status as the largest U.S. consumer bank by agreeing to acquire Merrill Lynch & Co., the world’s biggest brokerage firm, for about $50 billion. The bank will swap 0.8595 shares of its stock …

Bank of America to buy Merrill – report – News.com.au

14 Sep 2008 at 7:23pm
BANK of America Corp will acquire Merrill Lynch for $US29 a share, a deal that will give the bank the world’s largest brokerage and a sizeable investment bank, the Wall Street Journal reported. The deal comes as bankers and regulators met in New York …

Raiding the 401(k) is an unwise move – New York Daily News

14 Sep 2008 at 5:28pm
With people behind on mortgage payments and credit card bills, and short on cash for basics like gas and food, some are taking desperate measures. Raiding your 401(k), or 403(b), is one way to get quick cash, but in most situations it is a bad idea …

Bank of America in late talks to buy Merrill – MSN UK News

14 Sep 2008 at 5:42pm
NEW YORK (Reuters) – Bank of America on Sunday is in advanced talks to acquire Merrill Lynch & Co , a deal that would give the bank the world’s largest brokerage and a sizable investment bank, according to people briefed in the matter …

Victims of XL collapse face losing £20m – Times Online

14 Sep 2008 at 1:46pm
PEOPLE who have booked holidays with XL Leisure Group, the collapsed travel company, may lose almost £20m because they are ineligible for a refund. Experts believe that about 30,000 customers who booked flights directly with Britain?s third …

Web ad touts tunes, but hits a sour note – New York Daily News

14 Sep 2008 at 5:28pm
June Thompson of Queens paid $34.95 for unlimited music and movie downloads. Instead, she got a lot of silence. The ad that popped up on June Thompson ’s computer last January seemed like a fantastic deal: A service on a Web site dubbed “Feed My iPod …

Cara Wood – dmnews.com

14 Sep 2008 at 10:00pm
If passed, the Credit Card Fair Fee Act of 2008 (HR.5546), introduced by Rep. John Conyers (D-MI), could affect both online and bricks-and-mortar retailers that accept credit or debit card payments. In response to criticism from PETA and other animal …

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September 15 2008 09:01 am | Credit Card Debt News

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