Tempted to borrow more money?

by Bill Newton
Posted 7/04/15, 08:33 am

A married couple sat down with me for financial counseling and asked, “The television ad said we could qualify for a mortgage of 100 percent of the value of our home, so should we refinance, pay off some of our credit card bills, and have some extra money for a nice vacation?”

This is a common question I hear from couples of all ages. Most are surprised when I respond, “I don’t know.”

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Associated Press/Photo by Matt Rourke, file

Dollars and Sense: Economy, markets continue dispensing good news

by Warren Cole Smith
Posted 6/29/15, 11:15 am

Healthy jumps. The U.S. Supreme Court ruling upholding a key provision of the Affordable Care Act and lots of merger and acquisition (M&A) news in the healthcare sector caused it to surge last week. Cigna, Anthem, Humana, and Aetna are among the healthcare companies in the midst of merger and acquisition talks.

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Associated Press/Photo by Shizuo Kambayashi

Rescue rebuke

Money | Court agrees the government went too far in its 2008 AIG bailout
by David Skeel
Posted 6/26/15, 01:00 am

A federal judge recently handed down a very odd ruling in one of the few serious legal challenges to the massive bailouts of 2008 and 2009. Shareholders of AIG, the giant insurance company that collapsed in September 2008, sued the U.S. government, arguing the government illegally took control of the company when it bailed out AIG. Judge Thomas C. Wheeler of the U.S. Court of Federal Claims agreed but said the shareholders were not entitled to recover any damages.

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