Business Owners Given Grant Money With Sandy-Recovery Loans

Business Owners Given Grant Money With Sandy-Recovery Loans
He reached out to nonprofit micro lender Accion, who provided him with a $ 10,000 Sandy Recovery Business Loan, as a part of the lenders' new effort, along with a $ 1,500 grant to build back the momentum he lost during the storm. Paul Quintero, CEO of …
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Three ex-Pierce Commercial Bank loan processors sentenced
Three former employees of Pierce Commercial Bank in Tacoma received prison sentences Wednesday for their roles in a mortgage fraud scheme. Fake loans contributed to loan defaults and a Pierce Commercial Bank loss of more than $ 10 million. The bank …
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Ponzi schemer given stiff sentence

Ponzi schemer given stiff sentence
“It's hard to hear that people feel that bitter.” Mackey then turned to look at some of his victims and … The retired teacher said she had hoped to use the money to pay off her home and help her son with college loans. “That won't be happening now …
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Handle Your Many in a Way That Will Let You Achieve Your Dreams
Spending beyond your means is an addiction. A spending addiction is probably as hard to cure as a drug addiction. It requires changing lifestyles. I've frequently hired a casual laborer. He is excellent at his craft and for 20 years made really excellent money …
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Occupy Distressed Debt: Can We Save The World With Loan Forgiveness?
Instead of a bank just lending money and collecting interest, it sells the rights to that income stream as an Asset Backed Security. By buying up a diverse array of ABS you … than just giving money to poor people"? And I reckon it's hard to answer the …
Read more on Slate Magazine (blog)