Tag: Credit Crisis
Five Survival Tips for Entrepreneurs
From smSmallBusiness.com
What do you do when sales are down and your credit’s been slashed? You rethink your business. Because of the ongoing credit crisis, banks are becoming even more reluctant to extend lines of credit to small-business owners. And the sluggish conditions aren’t expected to improve any time soon. That means business owners who rely [...]
Posted: October 7th, 2008 under Credit Crisis, Money.
Tags: Accounts Receivables, American Management, Business Capital, Business Consultant, Business Consulting Firm, Business Segments, Credit Crisis, Dramatic Measures, Equipment Purchases, George Cloutier, Orlando Fla, Overdue Accounts, Phone Bills, Small Business Owners, Survival Tips, Time Delivery, Tough Calls, Unprofitable Business, Unsold Inventory, Victor Cheng
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IRS Lets Firms Tap Cash Overseas
The Internal Revenue Service significantly relaxed the rules governing how U.S. corporations can repatriate cash parked overseas, in yet another government move to ease the credit crisis.
The ruling, issued late Friday, allows companies to bring back money for months at a time without incurring the 35% corporate income tax they normally would owe.
The move could [...]
Posted: October 7th, 2008 under Credit Crisis, Tax Breaks, US Economy.
Tags: Advisory Firm, Andrew C, Borrowings, Credit Crisis, Department Spokesman, Desouza, Domestic Operations, Exception To The Rule, Government Move, Internal Revenue Service, International Operations, Irs, Liquidity Constraints, Loan Cash, Multinationals, S Corporations, Small Exception, Specific Companies, Tax Analyst, Taxes Irs, Treasury Department
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Fed to Curb Shady Home-lending Practices
The Federal Reserve will issue new rules next week aimed at protecting future homebuyers from dubious lending practices, its most sweeping response to a housing crisis that has propelled foreclosures to record highs. Fed Chairman Ben Bernanke spoke of the much-awaited rules in a broader speech Tuesday about the challenges confronting policymakers in trying to [...]
Posted: July 9th, 2008 under Federal Reserve, Foreclosures, Loans, Mortgage Lending, Personal Finance, Real Estate.
Tags: Balanced Approach, Ben Bernanke, Board Meeting, Consumer Groups, Credit Crisis, Current Mortgage, Emergency Loan Program, Fed Board, Fed Chairman, Federal Reserve, Foreclosures, Home Loan, Homebuyers, Incomes, Mortgage Bankers Association, Mortgage Lenders, Mortgage Lending, Policymakers, Record Highs, Subprime Borrowers
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Fed Takes New Steps to Ease Crisis
The Federal Reserve announced a series of new steps Sunday to help provide relief to a spreading credit crisis that threatens to plunge the economy into recession.
The central bank approved a cut to its lending rate to financial institutions to 3.25 percent from 3.50 percent, effective immediately, and created another lending facility for big [...]
Posted: March 16th, 2008 under Federal Reserve, US Treasury.
Tags: Bear Stearns, Bear Stearns Cos, Collapse, Credit Crisis, Federal Reserve, Financial Institutions, Henry Paulson, Investment Banks, Jpmorgan Chase, Last Friday, Liquid Assets, Market Liquidity, Market Participants, Orderliness, Orderly Market, Recent Developments, Recession, Short Term Loans, Treasury Secretary Henry Paulson, Unconventional Steps
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