How to consolidate credit card debt has become a necessity for many consumers so deep in credit card debt they see no way out. The entire nation is in an “economic recession”, “growth recession”, “business crisis” and all those mighty terms meaning a bad financial economy.
So many consumers have spent lavishly with credit card debt [...]
Taxpayers will lose hundreds of thousands of dollars in bail out money if Citigroup is unable to avoid bankruptcy. Citigroup received bailout funds to help them stay in business through Congress and to help the company avoid filing for bankruptcy.
Citigroup is a very large multiple complex company with over 200 million financial accounts from customers [...]
Reading the whole article will give you more insight.
Banks and credit card companies through lobbyist pushed eight years to get a bankruptcy reform bill passed in congress but who has it benefitted?
They finally got their wish and a new bankruptcy reform bill was passed. The reason behind needing the bill according to its backers was [...]
