Smoking out derivatives succession
Financial Times: It was only a matter of time before credit derivatives elbowed their way into companies' financing decisions. Reynolds American's debt exchange with cigarette maker subsidiary RJR aims to sidestep default ...

When Debt Is Good
Motley Fool: Mortgage good, credit card debt bad. It's similar with companies.

Student Loan Debt Has a Huge Impact On Financial Stability
Many people start their adult lives saddled with thousands of dollars in student loan debt that they will have to pay off. Add in a graduate or professional degree,...

Student Loan Consolidation: Waiting Means Paying More (Evening Times)
(ARA) - In the current rising interest rate environment, July 1 is the ultimate deadline for student loan borrowers. Interest rates on Federal Student Loans have been at historical lows for the past few years, but that is about to change.

Where to turn if you need legitimate credit counseling
Marketwatch: NEW YORK -- When you're in debt and need help negotiating your way out -- and staying out in the future -- consumer credit counseling sounds like a godsend. But it can also be a nightmare.

Betting on the bust when times are good
International Herald Tribune: Teams of bankers and traders who specialize in distressed debt, the bonds and loans of troubled or bankrupt companies, are springing up even as stock and commodity prices extend three-year gains. They ...

Customized Credit Card for Pet Lovers
BofA has launched it’s “PetRewards Visa” which will allow cardholders to display a pictures of theirs pet on the card by submitting a digital photo to www.mypetonmycard.com. The card will...