Get the latest news and information regarding bad credit.

Wednesday, December 31, 2008

Gold: So What Changed?

I've never known an entrepreneur who started a business without making a few mistakes. Certainly, you'll be no exception. You'll make them, try to fix them, and then move on. However, some entrepreneurs fall into traps that are bigger than mistakes. They are, in effect, entrepreneurial sins. Some of these sins will harm your personal life; others may irreparably damage your business, and still others will do both. Many entrepreneurs who came before you have committed these acts and, predictably, suffered their consequences. In the interest of saving your entrepreneurial soul, here are the ten cardinal sins that you must never commit:

1. Not learning from your own mistakes. Talk to any entrepreneur and he or she will tell you about crazy, ridiculous mistakes that will have you shaking your head and saying, I just can't believe someone could be that stupid. Well, they can, I can, and so can you. read more

Examining the subprime-lending crisis

STAUNTON - Members of three activist groups carried signs with slogans like Shut Down Payday Lenders as they demonstrated outside of two commercial lenders on Friday.

Representatives from the Virginia Organizing Project, National Association for the Advancement of Colored People and Augusta Coalition for Peace and Justice paced the sidewalks outside of Allied Cash Advance and Fast Payday Loans Inc. on Greenville Avenue.

read more

Default Rates Projected to Soar

Airbus already has plans to outsource half of its new-generation planes such as the A350.

Tom Enders, Airbus chief executive, has called the soaring euro life-threatening. But this can also be seen as a way of preparing the unions to accept even more swingeing job cuts than the 10,000 planned under the Power8 restructuring programme. This was drawn up on the assumption that the euro would remain at about $1.35 and included proposals to sell off eight plants or attract risk-sharing investors such as GKN at Filton, near Bristol. But these have been put on hold because of the rising euro and relatively poor offers, raising fears in the French media that more than 15,000 jobs are at risk in Europe.

Joaquín Almunia, the EU economic and monetary affairs commissioner, has shaved the European commission's eurozone growth forecast for 2008 to close to 2%. read more