Got Debt? Atlanta Explores Debt Relief Solutions

Got Debt? Explore Debt Relief Solutions. "We came to you deeply in debt. I can honestly say that you saved our financial life," says Brian from Atlanta, GA. And client Adelita Moreno says, ...
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Fears of foreclosure keep credit counselors busy. She was carrying a huge amount of credit card and mortgage debt and could not pay all her bills. In addition to her home, she owned two
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FDIC Seeks in Excess of $200 Million Against Credit Card Company

FDIC Seeks in Excess of $200 Million Against Credit Card Company ...7thSpace Interactive. The Federal Deposit Insurance Corporation (FDIC) issued enforcement actions today against CompuCredit Corporation, Atlanta, Georgia, and two FDIC-supervised ...
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As Economy Struggles, Debt Consolidation Helps Thousands. We came to you deeply in debt. I can honestly say that you saved our financial life," says Brian from Atlanta, GA. And client Adelita Moreno says, ...Read more

Why Athletes Go Broke

... is playing the real life game of Deal Or No Deal. It has been reported that his $10 million estate in suburban Atlanta is under foreclosure, the mother of one of his children is suing for unpaid child support, and a Utah consulting company has gone to ... of his second year of a three-year, $8.7 million contract with Boston; he listed $6.7 million in debts. Jack was a master of financial
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FAA makes new flight routes to save fuel, cut delays

The Federal Aviation Administration is creating new East Coast routes from New York to the Caribbean over the ocean, effective Thursday, to help airlines save fuel and reduce delays. Atlanta-based Delta Air Lines is among the airlines to benefit from the change but is also interested in more improvements. With the change this week, authorized airlines and planes will be able to fly closer together over the Atlantic. Planes will be laterally separated by only
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Union urges shareholders to oppose Delta-Northwest merger

A union said it has sent letters to large shareholders of Northwest Airlines and Delta Air Lines urging them to oppose the proposed merger of the two airlines. The International Association of Machinists, a union that represents Northwest Airlines' baggage handlers, ticket and reservations agents, clerical employees and other workers, said it sent letters to the largest 60 percent of Delta and Northwest's shareholders. In the letters dated May 29, the union says the combined
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Wachovia board forces out CEO

Wachovia's board of directors has asked Chief Executive Ken Thompson to retire. Thompson will be replaced on an interim basis by Lanty Smith. Smith currently serves as chairman of Charlotte, N.C.-based Wachovia Corp. Smith has been chairman since early May, when the national bank decided to separate the chairman and chief executive positions.
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Alternative fuel becomes more practical this week with the opening of a dozen
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Auction Rate Losses Costing Public Companies Over $1.8 Billion

ARSs. Google marked down debt by about 4 percent. While Google's auction-rate securities "are primarily student loans, which are substantially guaranteed by the U.S. government," they "do not have a readily determinable value and are not liquid," the California-based company said in SEC filings. Google spokesman Andrew Pederson affirmed in an e-mail that the ARS securities it holds are of "very high credit quality [and they] represent a small percentage of [the company's] overall portfolio."
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More than 3,000 sign up for Delta's buyout plans

With more than 3,000 employees signing up to voluntarily leave their jobs, Delta Air Lines has flexibility to match the size of its work force to flight capacity, Delta spokesman Kent Landers said Friday. Delta may hire additional employees if needed, but "as we continue to face rising fuel prices we want to be in a position to be a first mover" to adjust to market conditions — particularly when the airline industry enters the
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Ex-Home Depot manager to plead guilty in kickback case

A former Home Depot manager plans to plead guilty to wire fraud and other charges in an international scheme to make money by connecting foreign flooring suppliers with buyers who chose products for the giant retailer, his lawyer said Thursday. Anthony Tesvich, 42, will plead guilty in the case as early as Thursday afternoon but likely at a later date, said Brian Steel, one of his attorneys. Tesvich appeared briefly Thursday before U.S. Magistrate Gerrilyn
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Delta flight attendants vote not to join union

Delta Air Lines flight attendants chose to remain non-union in a vote that concluded Wednesday. In the vote on whether to join the Association of Flight Attendants-CWA union, 5,253 of 13,380 eligible voters cast "yes" ballots, well short of the majority required, the National Mediation Board said. Employees who don't vote are counted as "no" votes. A total of 5,306 ballots were cast. It was the second time in this decade that a flight attendant
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