Credit rating agencies hit Seminole tribe for weak casino financial controls

Two top credit rating agencies Wednesday downgraded their ratings on the Seminole Tribe of Florida, citing chronic problems with the tribe’s internal financial controls governing funds associated with their extensive casino gambling operations.

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Credit rating agencies hit Seminole tribe for weak casino financial controls

Canada blocks debt relief as Congo marks jubilee

Canada blocked an $8 billion debt relief deal for Democratic Republic of Congo in a dispute over mining rights, depriving the African nation of a chance to mark the 50th anniversary of its independence on Wednesday with the accord.

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Canada blocks debt relief as Congo marks jubilee

Summary Box: Ford reducing debt

SHEDDING DEBT: Ford Motor Co. cut into its staggering debt, saying it will pay more than $4 billion, mainly to a United Auto Workers trust that pays health care bills for blue-collar retirees. The trust will get $3.8 billion in cash, and is still owed $3.6 billion. Ford also will pay $255 million in dividends on preferred securities that were deferred when it was in financial trouble.

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Summary Box: Ford reducing debt

Credit Suisse Cuts Weighting Of Cyclical Stocks

Credit Suisse Cuts Weighting Of Cyclical Stocks

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Credit Suisse Cuts Weighting Of Cyclical Stocks

Federal debt reaching alarming rate, congressional budget officer warns

The federal debt will reach 62 percent of the nation’s economic output this year – the highest level since shortly after World War II.

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Federal debt reaching alarming rate, congressional budget officer warns

Credit union inside Norfolk grocery store robbed

NORFOLK — A credit union inside a Norfolk grocery store was robbed Wednesday morning. The 11′00 a.m. incident closed The Market at Ghent on 21st Street. Spokesman Chris Amos says police are searching for the suspect, described as a black man wearing a black hat, black sunglasses and red tennis shoes

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Credit union inside Norfolk grocery store robbed

Credit Card Debt Relief: A Personal Bailout Through Consolidation Explained

PORTLAND, OR–(Marketwire – 06/30/10) – Credit card debt relief and how to get it is explored today. Americans who are strapped with credit card debt aren’t likely to get any relief from the government anytime soon. Yet through the use of debt relief programs, people have the opportunity to craft their own bailout. According to the Federal Reserve, U.S. households spend 18% of their disposable …

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Credit Card Debt Relief: A Personal Bailout Through Consolidation Explained

U.S. Debt To Reach 62% Of GDP By Year-end: CBO

U.S. Debt To Reach 62% Of GDP By Year-end: CBO

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U.S. Debt To Reach 62% Of GDP By Year-end: CBO

French public debt reaches near 80.3% of GDP in Q1

French public debt continued to rise in the first quarter of this year, representing approximately 80.3 percent of gross domestic product (GDP), the national statistics bureau Insee announced Wednesday. At the end of March, French gross public debt, amounted to 1,535.5 billion euros (1,877.1 billion U.S. dollars), up by 46.5 billion euros (56.8 billion dollars) from 2009’s last quarter. By ratio …

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French public debt reaches near 80.3% of GDP in Q1

Credit still tight for U.S. construction-survey

* 39 pct say credit harder to obtain

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Credit still tight for U.S. construction-survey

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