SAN FRANCISCO — The U.S. Department of Labor today announced that it obtained a consent order requiring the fiduciaries of the Parrot Cellular Employee Stock Ownership Plan to pay $4,181,818 to the plan. The settlement resolves a suit filed in April 2012 after an investigation by the department’s Employee Benefits Security Administration found violations of […]
The U.S. Department of Education today announced the official FY 2011 two-year and official FY 2010 three-year federal student loan cohort default rates (CDR). The national two-year cohort default rate rose from 9.1 percent for FY 2010 to 10 percent for FY 2011. The three-year cohort default rate rose from 13.4 percent for FY 2009 […]
Earlier this week, Secretary Lew attended a Making Home Affordable (MHA) Help for Homeowners event in Landover, Maryland. While there, the Secretary met with homeowners affected by the financial crisis and participated in a roundtable discussion with the DC metropolitan area’s housing leaders to discuss local and national approaches to foreclosure prevention. Nearly 900 homeowners […]
A decade ago, the rate at which new businesses failed has started to change. According to industry analysts, the chances for a new business to succeed today is far more greater than ten years ago.
Democrats and Republicans in congress are at each others throats when it comes to the debt ceiling and budgetary revisions. The balance of power is having a significant effect on the ability of the President to maintain considerable bargaining power to advance his agenda.
Buying insurance policy these days is a very serious endeavor. It has maybe a twist if have had a previous policy attached to your name or if you have multiple forms of insurance policies that are still current.
New Rules are affecting the way banking is conducted in the tri-state area of New York.
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