Possible Credit Downgrades

Some of Wall Street’s biggest banks are bracing for fallout from a possible cut in their credit ratings. Moody’s Investors Service, one of the two big ratings agencies, has said it will decide in mid-May whether to lower its ratings for 17 global financial companies. Morgan Stanley, which was hit hard in the financial crisis, Read more about Possible Credit Downgrades[…]

Money And Federal Reserve

They can not have access to the armed forces, but it is often argued that the Federal Reserve chairman has a level of world power and influence that rivals that of President of the United States. While most investors know the name of the current Fed chief Ben Bernanke how her decision impacts your money Read more about Money And Federal Reserve[…]

Time to Refinance?

Mark Sass and his wife decided to refinance the mortgage on their Cincinnati, Ohio, home on Friday, just days before the Federal Reserve pledged to keep rates near their historic lows during the first half of 2012 . “I knew that the statement by the Fed would come out and rates dropped to historically low Read more about Time to Refinance?[…]

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