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Maggie Toussaint

Posted by James Breen at 8 July 2008 11:57

Mortgage Company has earned our attention. It always keeps us current on things.

I should also introduce my friends to take a look at of this:

Teaser: Pasadena, Calif. -- IndyMac Bancorp of Pasadena, Calif. announced Monday it will substantially cut back its home mortgage lending and slash its workforce of 7,200 by about half. Story: The savings and loan said it was taking the steps after federal regulators removed it from a listing of well-capitalized banks, the Los Angeles Times reported. IndyMac reported a $184 million loss in the first quarter of 2008 and said it would report a bigger loss in the second quarter. The bank ..read more.

You would be amazed at this. Moreover, you should be surprised to learn.

If you're a Wall Street analyst, you might note that year over year, Starbucks' valuation has slipped about 40%. If you're one of several thousand Starbucks employees you may soon find a pink slip in your pay envelop, as the company moves to close 600 stores, eliminating some 12,000 jobs. If you're an independent coffee house owner, you may be sitting there with your jaw hanging slack, just trying to wrap your head around the idea that, when Starbucks closes 600 frickin' coffee shops, the ..>>.

Everyday if all of us who can make the same choice, it will be amazing. Yeah, I like to read this:

When I found myself adrift in a corporate sea longing for a distant shore of creativity, I telegraphed that silent plea for rescue to the universe. Due to my attention to detail, I became increasingly isolated in mundane work. The rough waters of health insurance, mortgage payments, and college funds kept me tethered to a job that banished my muse. Periodically in a glimmer of calm, I'd scribble out a short story or dream of writing a book. I endured because that's what responsible, .. read the rest.

Thanks the insightful explain Here!

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People file for bankruptcy because they're in debt. The more debt there is, the more bankruptcies there are. Well, duh! It really is that simple. When compared to the level of borrowing, the rate of bankruptcy has remained fairly steady. In 1977, 74 bankruptcies were filed for every $100 million of consumer debt. In 1997, 73 bankruptcies were filed for every $100 million of consumer debt. Bankruptcy isn't the cause of debt but rather is the result. And it isn't the disease but rather is one of the cures. Restricting access to bankruptcy court won't solve the problem of debt any more than closing the hospitals will cure a plague.


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