Luxist Web Search

  1. Results From The WOW.Com Content Network
  2. External debt of Haiti - Wikipedia

    en.wikipedia.org/wiki/External_debt_of_Haiti

    Loans incurred during this period alone were estimated to account for approximately 40% of Haiti's debt in 2000, before debt relief was granted. These funds were used to strengthen the Duvaliers' control over Haiti and for various fraudulent schemes. Large amounts were simply stolen by the Duvaliers.

  3. Finance - Wikipedia

    en.wikipedia.org/wiki/Finance

    Personal finance is defined as "the mindful planning of monetary spending and saving, while also considering the possibility of future risk". Personal finance may involve paying for education, financing durable goods such as real estate and cars, buying insurance, investing, and saving for retirement.

  4. Securitization - Wikipedia

    en.wikipedia.org/wiki/Securitization

    Securitization is the financial practice of pooling various types of contractual debt such as residential mortgages, commercial mortgages, auto loans or credit card debt obligations (or other non-debt assets which generate receivables) and selling their related cash flows to third party investors as securities, which may be described as bonds, pass-through securities, or collateralized debt ...

  5. Southeast Bank Limited - Wikipedia

    en.wikipedia.org/wiki/Southeast_Bank_Limited

    Southeast Bank Foundation initiated a scholarship program for poor and meritorious student in 2009. The Foundation has, so far, distributed 827 scholarships to the secondary level students, while the number of scholarships to higher secondary level students stood at 1263. [13]

  6. Wells Fargo - Wikipedia

    en.wikipedia.org/wiki/Wells_Fargo

    Wells Fargo Home Mortgage is the second largest retail mortgage originator in the United States, originating one out of every four home loans. Wells Fargo services $1.8 trillion in home mortgages, the one of the largest servicing portfolios in the US.

  7. Subprime crisis background information - Wikipedia

    en.wikipedia.org/wiki/Subprime_crisis_background...

    The value of U.S. subprime mortgages was estimated at $1.3 trillion as of March 2007, with over 7.5 million first-lien subprime mortgages outstanding. Approximately 16% of subprime loans with adjustable rate mortgages (ARM) were 90-days delinquent or in foreclosure proceedings as of October 2007, roughly triple the rate of 2005.

  8. Bank of America - Wikipedia

    en.wikipedia.org/wiki/Bank_of_America

    BankAmerica experienced huge losses in 1986 and 1987 due to the placement of a series of bad loans in the Third World, particularly in Latin America. [citation needed] The company fired its CEO, Sam Armacost in 1986. Though Armacost blamed the problems on his predecessor, A.W. (Tom) Clausen, Clausen was appointed to replace Armacost.

  9. Gramm–Leach–Bliley Act - Wikipedia

    en.wikipedia.org/wiki/Gramm–Leach–Bliley_Act

    Things culminated in 1998 when Citibank merged with The Travelers Companies, creating Citigroup. The merger violated the Bank Holding Company Act (BHCA), but Citibank was given a two-year forbearance that was based on an assumption that they would be able to force a change in the law. The Gramm–Leach–Bliley Act passed in November 1999 ...