All Posts Tagged With: "pension"
America’s Big Banks, America’s Financial Vietnam
Three years ago the most-powerful instutitions in America were the nation’s largest banks and brokerages, Wall Street for short. While millions of people were losing their homes, their jobs and their savings, the nation’s elite extracted a $700 billion line-of-credit from Uncle Sam. Now Wall Street is our financial Vietnam. It’s broken. The old cures [...]
3Oct2011 | Peter G. Miller | 0 comments | Continued
$624 Million Settlement Doesn’t Mean A Dime For Mortgage Borrowers
According to the State of New York it has now achieved a $624 million preliminary settlement from Countrywide Financial Corporation and its accounting firm, KPMG. The arrangement must be approved by a California judge, perhaps in September It is alleged that “Countrywide, one of the country Technorati Tags: borrower, Countrywide, KPMG, loan, mortgage, new york, [...]
20May2010 | Peter G. Miller | 0 comments | Continued
Unpaid 401K Loans
Question: What happens if I do not repay my 401k loan? Answer: Not re-paying a 401K loan raises two major problems. First, there is less money available for your retirement. This should be regarded as a serious matter. Second, while you can borrow against many 401K programs, if money is simply withdrawn there is typically [...]
31Aug2008 | Peter G. Miller | 0 comments | Continued
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