Why A Moment Of Excitement Can Cost You A Lifetime Of Debt Lesson 6:  Change is inevitable. “Vacation Glasses” is a good way to explain the euphoric feeling most people feel when they go to a beautiful place away from their daily pressures and routine. They attribute magic to the location and start seeing everything through “vacation glasses”. We have all worn them. I get it when I go to the Florida Keys. I love the water, the beach,...

Detroit recovery plan raises specter of default – Moody's The city’s bondholders face a heightened chance of default or bankruptcy under a plan released by a state-appointed emergency manager running the city, the ratings agency said. TPG Troy bankruptcy, filed by creditors, is nixed by judge In his decision, the federal bankruptcy judge cited litigation over the creditors’ claims on the defunct investment vehicle, calling...

Why A Moment Of Excitement Can Cost You A Lifetime Of Debt Lesson 5:  You will get a lot of icing and a little cake. The biggest icing timeshare sellers heap on the sales pitch is you can transfer it. You can either bank points, trade locations, sell your week, or a multitude of other options that makes it look like your options are endless. Much of this “icing” is crafted to address the issues I am bringing up such as your tastes will...

Ex-Takeda executive deserves ban for insider trading: appeals court A former pharmaceuticals executive has failed to persuade a federal appeals court to overturn a 10-year ban on his serving as an officer or director of a public company, a punishment that was imposed as part of an insider trading settlement. Q&A: Edith Hotchkiss on prepacks, 'vultures' and Chapter 22s By Tom Hals WILMINGTON, Del. Bankruptcy Trustee...