July, 2010
BP planning to take a $ 10 billion tax credit
Facing a $ 17 billion second quarter loss and $ 32 billion in spill cleanup costs, BP has decided to take a $ 10 billion tax credit. This credit is intended as a instant cash loans advance for companies in trouble. It is still argued how legal this tax credit really is. In the end, ...
Auto crash test dummies inducted into Smithsonian
As a part of a larger donation to the Smithsonian museum today, two GM crash test dummies were officially put into the national museum. Also donated were costumes for the two dummies in 1980s ads, Vince and Larry. An auto safety exhibit is to be displayed.
Vince and Larry
The crash dummies costumes for "Vince" and "Larry" ...
Which banks benefited from the bailout?
The financial reform bill that is heading for Obama's desk is designed with Wall Street in mind. We do not want another recession and want to stop helping banks. However, that brings up the issue of which institutions actually were bailed out, or benefited the most. The public should know who was bailed out since ...
Don’t fall for auto loan for bad credit modification scams asking upfront fees
All over the internet are ads for auto loans for bad credit modification scams. Auto loan modification companies promise to negotiate with lenders to get customers lower car payments -- for a hefty upfront fee. But consumer advocates and government regulators explain that most autoloans modifiers promising lower car payments will take your money and ...
Aon Corporation purchases Hewitt Associates, creates Aon Hewitt
In a deal worth almost $ 5 billion, consulting and insurance company Aon Corporation is buying HR outsourcing firm Hewitt Associates. The newly-formed Aon Hewitt division will function much like Hewitt Associates did before the purchase. Estimates say that the companies will save about $ 355 million a year.
The Aon Hewitt purchase
Announced this morning and ...