German Bank SachsenLB to Be Taken Over (AP via Yahoo! Finance)
The truth is that the Fair-Isaacs Company and the major credit repositories do not divulge how the scoring model works. Due to the level of erroneous reporting to peoples' credit files, there has been pressure on Congress lately to make the credit repositories more accountable for the accuracy of the information they report AND to divulge what goes into the scoring models, so that people can know what to do to improve their scores.
German Bank SachsenLB to Be Taken Over (AP via Yahoo! Finance)
Germany's Landesbank Baden-Wuerttemberg will take over SachsenLB, a smaller public-sector bank that has been buffeted by its exposure to the U.S. subprime credit crisis, a German state governor said Sunday.
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
Bank's erroneous 1099 gets the IRS on my back (Miami Herald)
Q: About a month ago, I received a notification from the IRS in reference to my 2005 income taxes. It said they were charging me penalties for nonpayment of tax because of a 1099 form that Bank of America sent the IRS regarding a $5,000 cancellation of debt on a credit card.
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
German bank SachsenLB to be taken over (York Daily Record)
STUTTGART, Germany—Germany's Landesbank Baden-Wuerttemberg will take over SachsenLB, a smaller public-sector bank that has been buffeted by its exposure to the U.S. subprime credit crisis, a German state governor said Sunday.
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
German bank SachsenLB to be taken over (Lexington Herald-Leader)
Germany's Landesbank Baden-Wuerttemberg will take over SachsenLB, a smaller public-sector bank that has been buffeted by its exposure to the U.S. subprime credit crisis, a German state governor said Sunday. LBBW will pay 250 million euros ($342 million) to troubled wholesale bank SachsenLB as an initial measure, said Guenther Oettinger, the governor of Baden-Wuerttemberg. He did not immediately ...
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
Reshuffle displaces Iran bank governor (FT.com via Yahoo! News)
Ebrahim Sheibani, Iran's central bank governor, resigned on Sunday as part of a continuing cabinet reshuffle that has included the oil and industry portfolios.
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
Infusion by Bank of America buys time, stability for Countrywide (Madera Tribune)
LOS ANGELES - The infusion of $2 billion from Bank of America Corp. should help shore up sagging Countrywide Financial Corp. as it tries to outlast the credit crunch squeezing Wall Street and the mortgage industry, analysts said Thursday.
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
Landesbank Baden-Wuerttemberg to Buy SachsenLB (Update2) (Bloomberg.com)
Aug. 26 (Bloomberg) -- Landesbank Baden-Wuerttemberg, the largest German state-owned bank, agreed to buy Landesbank Sachsen Girozentrale for at least 300 million euros ($410 million) to rescue the public lender roiled by the global credit crunch.
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
Yes Bank sets up cell for SMEs (The Telegraph)
Calcutta, Aug. 26 : Yes Bank has created a business banking financial advisory division to arrange for private equity and debt syndication for small and medium enterprises. The division will also take up merger and acquisition mandates, both inbound and outbound.
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
China Construction Bank Profit Up (AP via Yahoo! Finance)
China Construction Bank Corp., one of China's top state-owned banks, said Sunday that its first-half net profit rose 47.5 percent from a year earlier thanks to higher interest and fee-based income.
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
Landesbank Baden-Wuerttemberg to Buy SachsenLB (Update1) (Bloomberg.com)
Aug. 26 (Bloomberg) -- Landesbank Baden-Wuerttemberg, the largest German state-owned bank, agreed to buy Landesbank Sachsen Girozentrale and will immediately provide 250 million euros ($342 million) to the public lender roiled by the global credit crunch.
Read full post here. Copyright (c) 2004 Yahoo! Inc. All rights reserved.
German Bank SachsenLB to Be Taken Over (AP via Yahoo! Finance)
Your Six Basic Rights under The Fair Credit Reporting Act
Related keywords: after bankruptcy credit fix, auto bad credit financing, credit card repair
More articles:
Getting a credit card after bankruptcy
MINT - Welcome to MINT Credit Cards, Loans and Insurance
SUSAN TOMPOR: Please take a seat, students; this is Debit Card Usage 101 (Detroit Free Press)
Love and Credit Don't Mix (The Motley Fool via Yahoo! News)
What's new in your school? (The Record)