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Thursday, January 17, 2008

Activist shareholder says TransAlta should review assets, take on more debt (The Canadian Press via Yahoo! Canada News)

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Corzine warns property tax relief at risk if state debt not cut (phillyburbs.com)


TRENTON, N.J. - New Jersey Gov. Jon S. Corzine on Wednesday said property tax relief and state aid for local governments would be at risk if the state doesn't find some way to cut its mounting debt and fix troubled finances.

Centro NP senior unsecured debt cut to 'B3' on financial woes - Moody's (Sharewatch)


MUMBAI (Thomson Financial) - Moody's Investors Service downgraded the senior unsecured debt ratings of Centro NP LLC -- formerly New Plan Excel Realty Trust Inc -- to 'B3' from 'B1', as the company moves closer to its refinancing deadline and parent Centro Properties Group discloses additional liquidity and accounting issues.

Braskem's Venezuela Plan May Slow Debt Reduction, Fitch Says (Bloomberg.com)


Jan. 16 (Bloomberg) -- A plan by Braskem SA, Latin America's biggest chemicals maker, to carry out a $3.5 billion investment program in Venezuela may harm the company's effort to reduce debt, according to Fitch Ratings.

Activist shareholder says TransAlta should review assets, take on more debt (The Canadian Press via Yahoo! Canada News)


CALGARY - Power generation company TransAlta Corp. (TSX:TA) said it is reviewing a five-point manifesto from its largest shareholder on ways it can increase its value - including adding more debt to its balance sheet and possible asset sales.

WCI gets new lifeline as lenders relax debt agreements (Market Watch)

Jan. 16 (Bloomberg) -- Braskem SA, Latin America's biggest chemicals maker, risks hampering a debt reduction plan with a $3.5 billion joint venture in Venezuela, according to a report by Fitch Ratings.

TransAlta Needs to Cut Debt Cost, Sell Assets, Shareholder Says (Bloomberg.com)


Jan. 16 (Bloomberg) -- TransAlta Corp., Canada's biggest publicly owned power producer, needs to reduce debt costs and should consider selling assets including non-core properties in Mexico and Australia, a shareholder group led by Luminus Management LLC said.

Emerging debt-Spreads tighten as Wall St ends lower (Reuters via Yahoo! Singapore News)


NEW YORK, Jan 16 - Emerging sovereign debt prices were stable while risk spreads tightened on Wednesday, as Wall Street cut early losses despite lingering U.S. recession fears.
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Corzine: State debt jeopardizing tax relief (WPVI-TV Philadelphia)


N.J. Governor Corzine says property tax relief and state aid will be at risk if state debt is not reduced.
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WCI gets new lifeline as lenders relax debt agreements (Market Watch)


SAN FRANCISCO (MarketWatch) - WCI Communities Inc. said late Wednesday that its lenders agreed to relax some debt agreements, giving the luxury home builder more time to try to recover from the housing bust.

Friday, January 11, 2008

National debt load is immoral

The Federal Reserve Board reported yesterday that credit card debt rose at an 11.3 percent annual rate in November after rising at an 8.5 percent rate in October. By comparison, credit card debt rose at a rate between 2 percent and 4 ...more



A 'crushing block of debt'


The chip on our shoulders since at least 1979, when President Jimmy Carter suggested austerity as a way to conserve precious resources and live within or means, has become an unbearable burden, a block of debt. ...more



Debt Consolidation Loan - Is it really what you need?


The only real way that a debt consolidation loan can be beneficial to you now and in the future is if you take the time to look at your spending habits, and reevaluate the way you look at money.

Debt of education


For years, we hear that Americans as a whole save very little, and it's no wonder given the culture of debt in America. But one way to encourage savings would be to let credit be tied to an individual's savings account. ...more



National debt load is immoral


The level of debt in America is astronomical and spiraling out of control. If we truly love our children, we will act immediately to curtail this injustice and put an end to the federal deficit. Organizations such as Dave Ramsey, ...more

The Best Selling Credit Repair Package.

Not all debts are considered dreadful. Some debts can actually improve your credit score and your worthiness as a borrower. Let’s discuss the differences between good debts and bad debts and hopefully, by the end of this article you’ll ...more



Debt Consolidation Loans - What you need to know


The first step to take when looking into debt consolidation loans is to crunch the numbers on your existing debt. You need to know exactly how much you owe, how much interest you pay, how much that debt will cost you five years from now ...more



Free Consumer Information!


So, the first thing you have to do if you want to repair your credit score is to start paying off your debt. Usually, people who acquire bad credit rating are caused by credit card debts. It is important that you should first pay of ...more



The Best Selling Credit Repair Package.


No one ever wants to be in debt but it happens and at that point bill consolidation is the answer. It can help take back control of your finances and stop letting that debt the quality of your daily life. Debt can occur through ...more