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When used wisely, credit cards can be the cornerstone of a sound financial strategy. A solid credit history makes you a good credit risk and that in turn allows you to purchase the necessities of life. But credit cards can also be a slippery slope.
Last month, the credit rating agency Standard & Poor’s lowered its outlook on U.S. debt to “negative,” suggesting that the United States’ top-flight “AAA” credit rating is vulnerable to a downgrade, which could send interest rates up, make it hard for businesses to get capital, and put the brakes on economic recovery.
The largest section, Classic Financial and Corporate Scandals, in the collection of links above, includes the best known cases of recent years, e.g. Parmalat, Enron, Barings Bank, BCCI, BRE-X, etc. and some other very large ones that have received less publicity.
October - December 2008 When the financial crisis erupted at the end of September 2008, there was an unusual sense of incredible panic among banking executives and government officials. These two establishment groups are known for their conservative, understated approach and, above all, their stiff upper lip.
Focus has pulled together an infographic on the most disruptive companies in tech.