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The shipping and delivery market is not doing well right now. Companies are facing bigger losses and have to do something about it because they simply cannot lay off any more people.
So now, these companies are going to start raising rates and it’s going to …

AIG “borrowed” $182 billion from the United States government from the bailout program. On Monday September 21st, a watchdog group sent out a warning to the American public that AIG would likely never be able to pay back the loan.
The Government Accountability Office said that …

A report on the CNBC website states that the stock market could surge on March 12th after the House financial services subcommittee re-examines mark-to-market accounting rules that are blamed for making banks write off billions of dollars.
Jon Najarian is expecting an “explosion” in the financial …

The Federal Reserve has granted GMAC, a major lender to GM dealers, the status of a bank holding company. This decision effectively gives GMAC access to the bailout funds for the financial sector.
This also came out today:
“While GMAC has not quantified its capital injection request …

This year we’ve seen the government try to make up for policies and practices used by greedy lenders and firms that have made poor decisions by throwing money at it, passing bits and pieces of legislation, and even giving a “stimulus” to U.S. tax payers…
But …