It’s bonus time again at AIG. America’s favorite charity, to which we gleefully contributed $180 billion, is set to hand out bonuses to 40 of their best go-getters. Unlike the gargantuan payouts of a few months ago, this is a paltry $2.4 million in bonus money. It doesn’t seem like all that much, unless you consider that $2.4 million divided by just 40 employees means that these guys will be taking home a cool sixty grand a piece, on top of their regular salary. $60,000 is more than a lot of people make in a year. Let me take it one...

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Every time I check the news, I get bombarded with analysts that are terrified about the economy.  There are one thousand Chicken Littles running around sparking fear.  Let's get them back into the hen house. For starters, no one is certain about what will happen to the economy, and that is scary. Change and the unknown are very scary, and that is why suspense movies make you jump out of your seat. Currently, we are in one of these movies without a script. Why should we not be afraid? The economy moves in natural cycles. The "Roaring Twenties" was capitalizing on the stock market. People were making...

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With real estate markets in a downward spiral and many Americans having upside down mortgages (owing more than their homes are worth), a recent study by Forbes seems appropriate. Forbes studied the 150 largest housing markets in America, and using data from the US Census and the National Association of Realtors, they created a list of the 50 communities with the highest amount of homeowner debt.  For this study, they looked at the median house price, percent the house value changed since 2007,  number of outstanding mortgages, houses that had second mortgages or home equity loans, and houses that had both...

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With all of those mortgage deals that just keep getting "better and better", you never know what companies to trust! Are these offers a version of false advertising? Thrifty Mortgages can help you decide what companies to trust or invest in. At Thrifty Mortgages, you can compare the latest mortgage and remortgage offers in the UK. On their homepage, Thrifty Mortgages provides articles about the new offers on the market. There are articles about good mortgage companies and also some that warn against companies. For instance, there is an article about how the IVA Council...

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Recently, I went through a divorce. Part of my divorce proceedings was that I had to refinance the mortgage on my house and make an equity payment to my ex-wife. The biggest pain of this process was finding the correct loan and the correct mortgage company to work with. Looking online left me with a stream of options and all of it seemed very confused. That is when I found LoanNetwork.com LoanNetwork.com is a resource site for home-owners and home-shoppers to help them navigate the confusing world of mortgages. They have a resource area...

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