December 17, 2008

Trusts and wealth transfer solutions

Nawaz urges India to share evidence in Mumbai attacks - Daily Times
ISLAMABAD: Pakistan Muslim League-Nawaz (PML-N) chief Nawaz Sharif on Tuesday urged India to share with Pakistan all available evidence concerning the Mumbai terrorist attacks and accept Pakistani government's offer of co-operation. He said this
Source: www.dailytimes.com.pk

UPDATE: DTCC: $27.95 Tln Credit Derivatives Outstanding Dec 12 - Wall Street Journal
NEW YORK (Dow Jones)–The tally of credit derivatives worldwide fell further in the week to Dec. 12 to $27.95 trillion, according to the latest data from the Depository Trust and Clearing Corp. The gross notional amount of CDS outstanding fell around
Source: online.wsj.com

Are You Drowning in Credit Card Debt? - ABC News
Millions of Americans are carrying thousands of dollars in credit card debt and making only the minimum payment every month. Meanwhile, credit card companies have increasingly started raising their interest rates. Are you affected by these hikes? ABC
Source: www.abcnews.go.com

Credit Card Squeeze Is Pushing Consumers Toward Foreclosure - Consumerist.com
USAToday says that panic by the credit card industry is squeezing customers who ordinarily would be able to pay their bills pushing them toward financial ruin and foreclosure. Credit card defaults are rising quickly, and the banks are rushing to
Source: consumerist.com

Fed cuts target for key rate to record low - WTOP Radio
Federal Reserve Chairman Ben Bernanke speaks in this Thursday, Dec. 4, 2008 file photo, at the Federal Reserve in Washington. Credit card companies could no longer boost interest rates on existing account balances if the Federal Reserve adopts new
Source: www.wtopnews.com

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