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Credit and Debt
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Libor floors stripped from U.S. leveraged loans
ReutersNEW YORK (Reuters) - Massive demand from investors has pushed yields on U.S. leveraged loans to 2004 levels and aggressive market conditions continue to strip protection from new deals, including removing Libor floors that guarantee minimum yields for...Tags: Lehman Brothers Holdings Inc., Mutual Funds, Loan Market, Marketing, Financial Markets
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Michigan raises FY 2013 revenue estimate by $483 million
ReutersMay 15 (Reuters) - Michigan officials on Wednesday raised their revenue estimate for the current fiscal year by $483 million, citing an improving state economy. General fund revenue for the fiscal year that began Oct. 1 is projected at nearly $9.2...Tags: Petroleum Industry, Moody's Corporation, European Debt Crisis, Standard & Poor's Financial Services LLC, U.S. Department of the Treasury
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Baltimore Teachers Union supports call to halt Common Core consequences
The Baltimore Teacher's Union has called for the district hold off on attaching penalties to schools' performance on the the new Common Core assessments, citing insufficient professional development and resources to implement the new high-stakes...Tags: American Federation of Teachers, Teaching and Learning, Adult Education, Teachers, Standardized Testing
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Quebec seeks fracking moratorium in shale gas rich area
Reuters* Moratorium would last a maximum of five years * Government had promised a ban, citing public concerns OTTAWA, May 15 (Reuters) - The Canadian province of Quebec, citing public concerns, unveiled a bill on Wednesday to impose a moratorium on...Tags: Petroleum Industry, Energy Resources, Talisman Energy Incorporated
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NU Refreshes Its Debt With $750M In Notes
Northeast Utilities is borrowing $750 million in order to pay down other senior debt obligations as well as some of the company's more than $1 billion in short-term debt, according to filings with the Securities and Exchange Commission. After...Tags: Citigroup Incorporated, Northeast Utilities, Berlin, Goldman Sachs Group, Inc., Finance
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BLOM issues new specialty credit cards for local merchants
The Lebanon Daily StarCredit card operations are set to remain a significant area of growth as banks tap innovative products after catching up on basic offerings, the deputy general manager of BLOM bank said in an interview. "In Lebanon banks were a bit late in offering...Tags: Beirut (Lebanon), Lebanon, Marketing, New Products
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Senate Unanimously Strengthens Racial Profiling Law
The Hartford CourantThe state Senate voted unanimously Wednesday to expand the state's racial profiling law to include more police departments. The measure comes one year after another bill had strengthened the law in other ways and was passed by large majorities in both...Tags: Minority Groups, Government, Justice System, Glastonbury, Crime, Law and Justice
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RATEGRAM'S BEST CREDIT CARD DEALS, For immediate release
The Credit Card ChartThese are nationally available credit cards offering the lowest interest rates on purchases as of May. 15. If you typically pay off the entire balance monthly, look for a zero-annual fee card that allows the most interest-free or grace days. Some cards...Tags: Comerica Inc., Personal Data Collection, Politics, Finance, Interior Policy
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Northbrook, Glenview police blotter: May15
The following items were taken from Northbrook and Glenview police records. •On May 12, a 29-year-old Glenview man was arrested at Dundee and Portwine roads and charged with driving under the influence and without insurance. The man was also...
Tags: Crimes, Apple iPhone, Vehicles, Theft, Criminals
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Wilmette, Winnetka, Kenilworth police blotter: May 15
The following items were taken from police reports. Wilmette •On May 12, a man tried to force his way into his ex-girlfriend's residence in the 200 block of Oak Circle after following her home from work. The offender was gone when the officers...
Tags: Health and Medical Professionals, Police Arrests
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After ATM heist, India's IT sector again in unwelcome spotlight
ReutersMUMBAI/BANGALORE (Reuters) - A breach of security at two payment card processing companies in India that led to heists at cash machines around the world has reopened questions on the risks of outsourcing sensitive financial services to the Asian nation....Tags: Government, Justice System, HSBC Holdings plc, Germany, Pune (India)
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Manatee Realtor Mike Carleton faces federal inquiry, civil suit
Bradenton HeraldA Manatee County real estate agent accused of bilking vacation renters and home buyers is now facing a federal investigation. The U.S. Postal Inspection Service and the U.S. Department of Justice are investigating Michael Carleton after more the 60...Tags: Condos and Houses, Justice System, Vacation and Timeshares, Trials, Real Estate Agents
May 16, 2013
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|Story| Hartford Courant
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|Story| Chicago Tribune
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|Story| Chicago Tribune
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|Story| Reuters
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|Story| McClatchy-Tribune
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Credit and Debt Photos
Email attachment sent to people targeted in credit card...
(May 1, 2013)
A payday lending shop in Van Nuys advertises short-term...
(April 26, 2013)
Homer Township Public Library Director Sheree Kozel-La...
(April 12, 2013)
