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Offshore Tax Havens: A State-By-State Breakdown Of The Cost To Taxpayers

A Senate report estimated in 2008 that the United States loses up to $100 billion a year in tax revenue to offshore tax havens (PDF). In a report rel[...] read more »
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Senator Burr Encourages Run On Banks

Thanks to deposit insurance, there's no actual need for people to be worried. But Senator Burr's effort to whip people into a panic could lead to r[...] read more »
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Banks Slow to Twitter

You might think that the Twitter social networking tool would be an ideal way for banks to update the world about their banking deals, promotions, an[...] read more »
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Will Bank Failures Skyrocket?

The 21 bank failures in the first quarter of 2009 marked more bank failures than the United States saw from the years 2000 to 2007 combined. Yet thi[...] read more »
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U.S. institute names 99 top ethical companies

This year's group features 22 first-time recipients including Dell Inc, Thomson Reuters Corp, Best Buy Co Inc and T-Mobile International AG & Co KG.[...] read more »
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Jock Tax: Pro-Athletes Must Pay If They Play (SLIDESHOW)

That tax bill was the start of what's now dubbed the jock tax. The Los Angeles Times reports that 20 of the 24 states with professional sports teams[...] read more »
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Goldman To Pay Back TARP, Posts Profit

Goldman Sachs, in another sign that banks may be turning around, beat Wall Street's earnings expectations as it reported a profit of $1.66 billion f[...] read more »
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What to Do When Your Investment Tanks

Before the last closing bell of the year, shares in WaMu, Lehman, and dozens of other closed companies fell to zero. Whether you're rebuilding your [...] read more »
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Has Glenn Beck Gone Insane?

Has Glenn Beck gone insane? Not all, but most of his tirade centers around the state of the economy. What he does on his show is beyond inflammatory[...] read more »
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Daily Mortgage Rates and Lock Recommendations (Liz Freeman on ShopRate)

Yesterday pricing on bonds and mortgage-backed securities opened strong and stayed healthy (good for mortgage rates) making it possible for top-drawe[...] read more »
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The President as Mortgage Broker - washingtonpost.com

When last we heard from the salesman-in-chief, 10 days ago, he was pitching General Motors and Chrysler cars so aggressively that he did everything b[...] read more »
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Madoff Trustee Files First ‘claw back’ Suit

The trustee liquidating Bernard Madoff’s business filed a lawsuit on Thursday seeking to “claw back” $150m paid out to one of his investors, marking [...] read more »
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To Save 300,000 Jobs, Chase Bank Boycott Launched in Michigan

Chase carries a large part of Chrysler’s debt, and the bank is refusing to negotiate with Chrysler on its debt, threatening to force the auto company[...] read more »
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YouTube - The Crisis of Credit Visualized - Part 1

This is a great video to share with friends who are less financially savvy. The Short and Simple Story of the Credit Crisis by Jonathan Jarvis of Cr[...] read more »
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Compound Interest: The Eighth Wonder of the World

Average household in the U.S has over $12,000 in credit card debt. By just making the minimum payment on the balance, it could take over ten years to[...] read more »
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