‘they just dont care’ Stephen Kinsella lost his security business and a job as a truck driver in 2008 when the recession hit A MAN who owed 500,000 in loans has said he understands how some people are pushed to suicide by the banks. Stephen Kinsella, 46, lost his security business and a job as…
DetailsU.S. high-end department store chain Neiman Marcus has hired investment bank Lazard Ltd. to explore ways to bolster its balance sheet as it seeks relief from a $4.9 billion debt pile, people familiar with the matter said on Friday. Neiman Marcus is in no immediate risk of bankruptcy, the sources said. However, the move makes…
DetailsChequebook kept in pocket: Transport Minister Shane Ross Picture: Arthur Carron An all-out indefinite strike at Bus Éireann that would have affected 110,000 passengers a day from Monday has been deferred after the company pledged that “funds will be available” for a voluntary severance scheme and it will negotiate with unions on a pay rise.…
DetailsAdam Meyer the South Florida betting expert who called himself “the sports consultant to the stars” was sentenced to prison on Friday for ripping off more than $45 million from one of his clients. Meyer’s bizarre methods included pretending he was other people, adopting a bad fake Chinese accent and making up a story that…
DetailsBus Éireann may sell assets including property to part fund a voluntary redundancy scheme for staff as part of a revised survival plan for the company. Bus Éireann believes the board of its overall parent holding group, CIÉ, will provide it with additional funding in the short term if it produces a viable plan to…
DetailsAction SA: * Court in Cracow announces insolvency of the company’s unit SFK Sp. z o.o. Source text for Eikon: Further company coverage: (Gdynia Newsroom) ‘); $(‘.second-article-divide’).append($(‘.slider.slider-module’)); $(‘.third-article-divide’).append(‘ Also In Technology ‘); var median = (relatedItemsTotal / 2); var $relatedContentGroupOne = $(‘.related-content.group-one ul’); var $relatedContentGroupTwo = $(‘.related-content.group-two ul’); $.each($relatedItems, function(k,v) { if (k + 1…
DetailsStudents in Los Angeles protest the rising costs of student loans for higher education in September 2012. (David McNew/Getty Images) By Ese Olumhense Student loan debt now over $1.3 trillion A bipartisan coalition of legislators is making a move on a bill that would enable companies to offer tax-ree tuition assistance benefits to their employees…
DetailsFeedback from readers has revealed keen interest in ways of reducing the risks involved in helping children achieve home ownership. So crucial is parental support for potential first home buyers that financial institutions are even suggesting funding options to assist home buyers avoid paying costly mortgage insurance attached to purchases with high Loan Valuation Ratios…
DetailsA wheel relief NBRU’s General Secretary Dermot OLeary said ‘in deference to the Workplace Relations Commission’ the work stoppage is now halted AN all-out strike at Bus Eireann due to kick off on Monday has been called off. The NBRU have accepted invitation to talks on the transport companys financial crisis. A Bus Eireann strike…
DetailsDrakes drum This is the biggest story about Europe in the last five years, how the eu had beggared a sovereign country so parents cannot afford to feed their children, couples have to live with parents, while eu officials write grand statements. Nothing will change while the eu still exists. Spain and Italy next. junker…
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