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Basics of Investments
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Wed, 10 Mar 2010 13:20:45 +0000
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Many first time investors usually follow the crowd and invest in the first thing they find being discussed among people. Investing may not be a complex art but it still requires some degree of skill. Unfortunately some people think otherwise. They feel that investing is just putting your money for ...
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Home loan demand nudges higher in latest week
(Reuters)
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Wed, 10 Mar 2010 13:20:45 +0000
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Reuters - U.S. mortgage applications nudged higher last week, reflecting increased demand for home purchase loans even as interest rates trekked higher, data from an industry group showed on Wednesday.
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Nationalized UK bank Northern Rock back in profit
(AP)
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Wed, 10 Mar 2010 13:20:45 +0000
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AP - Nationalized mortgage lender Northern Rock said Wednesday that it returned to profit in the second half of 2009 as interest income rose and losses on loans fell.
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One Congressman’s Solution for Boosting Small Businesses Loans
(The Motley Fool)
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Wed, 10 Mar 2010 13:20:45 +0000
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The Motley Fool - The first Friday of every month brings the all-important employment report. February's numbers were better than anticipated. The United States lost only 36,000 jobs, versus the 68,000 that experts expected. This compares with 651,000 jobs lost in February 2009. Still, the unemployment rate held steady at ...
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Commercial delinquency lower than other mortgages
(AP)
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Wed, 10 Mar 2010 13:20:45 +0000
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AP - Commercial mortgages were among the best-performing loans and leases held by banks and thrifts in the fourth quarter of last year, the Mortgage Bankers Association said Tuesday.
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Management Education on the Fly
(BusinessWeek)
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Wed, 10 Mar 2010 13:20:45 +0000
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BusinessWeek - Who got us into this mess? It's not just greedy mortgage lenders and irresponsible economists who are responsible for the current financial crisis. Leaders, so called, have played a role too, by not managing their companies and so being detached from what was going on in them. And ...
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Summary Box: AIG’s $15.5B Alico sale to MetLife
(AP)
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Wed, 10 Mar 2010 13:20:45 +0000
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AP - THE SALE: American International Group Inc. sold its American Life Insurance Co. division, or Alico, to MetLife Inc. for $15.5 billion. The deal is AIG's second big asset sale in two weeks. On March 1, it said it would sell its AIA Group unit to Prudential PLC for ...
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AIG sells Alico unit to MetLife for $15.5 billion
(AP)
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Wed, 10 Mar 2010 13:20:45 +0000
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AP - American International Group Inc. said Monday that it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset sale in two weeks, will give the insurer more cash to repay the billions of bailout dollars it still ...
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MetLife seals Alico deal after two-year quest
(Reuters)
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Wed, 10 Mar 2010 13:20:45 +0000
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Reuters - MetLife Inc pursued AIG's foreign life insurance business for two years before finally clinching a $15.5 billion purchase that will give it beachheads in 47 nations from Peru to Bangladesh.
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Is Bank of America a Buy?
(The Motley Fool)
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Wed, 10 Mar 2010 13:20:45 +0000
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The Motley Fool - With the recent auction of Treasury's Bank of America (NYSE: BAC - News) warrants, the big bank joins Goldman Sachs (NYSE: GS - News), Morgan Stanley (NYSE: MS - News), and several other banks in completing its exit from TARP. But, is it a buy?
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