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Tag: credit

How To Fix Your Credit Yourself

How To Fix Your Credit Yourself

Credit Repair: How to Help Yourself “Credit problems? No problem!” “We can permanently remove from your file of bankruptcies, judgments, liens and unpaid loans!” “We can erase your bad credit history – 100% guaranteed” “Create a new credit identity legally!” Do yourself a favor, and save some money. In fact, lawyers working at the Federal Trade Commission (FTC), the national consumer protection agency, say they have never seen a legitimate credit repair operation make such statements. The truth is that there…

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Why Did Citigroup Try to Overturn an Overhaul?

Why Did Citigroup Try to Overturn an Overhaul?

Wall Street’s true ambitions are often revealed in mind-numbing minutiae. The latest example is Citigroup’s participation in writing a House of Representatives bill that intends to roll back an arcane part of the Dodd-Frank financial sector overhaul. As The New York Times reported on Friday, Citigroup’s recommendations were reflected in more than 70 lines of the House committee’s 85-line bill. The bank’s involvement was something of a surprise. Since the financial crisis of 2008, Citigroup has not been a vocal…

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Yahoo Is Said to Have Reached a Deal for Tumblr

Yahoo Is Said to Have Reached a Deal for Tumblr

Yahoo’s board has agreed to buy the popular blogging service Tumblr for about $ 1.1 billion in cash, people with knowledge of the agreement said on Sunday, Nick Bilton and Michael J. de la Merced report in The New York Times. It is the biggest acquisition yet under Yahoo’s chief executive, Marissa Mayer. Read more » DealBook

Empire State Building Battle Goes to Court

Empire State Building Battle Goes to Court

On the day it opened in 1931, the Empire State Building carved out a special place on the New York skyline, but it has also been at the center of a succession of battles for control by equally larger-than-life figures, including Donald J. Trump and Leona Helmsley. Now, the 102-story tower is the prize in yet another epic battle, which will play out in court starting on Monday. On one side are the New York real estate barons Peter L….

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The New York Times Holding A Candle For The Triumphant Return Of Tim Geithner

The New York Times Holding A Candle For The Triumphant Return Of Tim Geithner

With just nine months to go in the Beard Era, the time has come for the press to start casting about for a successor. There’s the obvious one: Janet Yellen, Fed vice chairwoman, who has friends and foes, according to the Gray Lady. Apparently, though, she may be a little too worried about getting people jobs, and not worried enough about whipping inflation now. That leaves open the tantalizing possibility that Ben’s retirement may usher in the second (or third…

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Why Apple Is the Next Microsoft

Why Apple Is the Next Microsoft

Microsoft notched a high-water mark for market capitalization of $ 613.26 billion on Dec. 27, 1999, before making a sharp move lower in a matter off months. Apple peaked out at $ 658.05 billion back on Sept. 19. And we know what happened next, with more than $ 160 billion in shareholder value vaporized. Microsoft waited more than three years after its valuation peaked before introducing a dividend on Jan. 16, 2003. Apple’s taken a different tack, trying to proactively…

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