Feb 25 2008

Visa prepares for near-$19B IPO: Great Timing with Credit Crunch

In what has to be a case of the worst timing award, Visa is planning to launch an $18.76 billion IPO. When credit gets tight, go IPO:
NEW YORK (AP) — Visa Inc. said Monday its initial public offering could raise up to $19 billion - making it the largest in U.S. history - even [...]

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Feb 15 2008

Credit Nation: The Back Breaking Debt Problem in the United States.

With so much talk about the credit crisis you would think that many people would realize that not all credit is good for you. So what is the reaction of our central bank leaders? They decide to extend more liquidity to banks but the only problem is the majority of the population is [...]

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