Why do we enjoy Greek yogurt and cupcakes?
Q: Cupcakes made the title of your new book. Why? A: There is absolutely nothing far more emblematic of the age of food … The appeal of fondue these days is isolated to the Melting Pot (chain restaurant). But an complete way of socializing was constructed around this meals …
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Tuffail tries his hat on for size at mayor-creating ceremony
Town and district councillor Tuffail, 53, was sworn in at the Aylesbury College occasion on Friday evening, where former mayor Tom Hunter-Watts handed over the chain of workplace and shook his hand. Allison Harrison, town councillor for Oakfield, joined in …
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Query by alicia: how does the present mortgage business operate? ?
Very best answer:
Answer by Chris S
You need to have to be much more certain. Large market-alot of operations! Are you seeking for the loan approval method, securitizations, a job?
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Query by redryan: what trigger the current economic collapse in globe. 2008?
And I like to know why the rest of the globe blames the U.S for this what truly happened? Why did it take place?
Answer by S D
Men and women buying more than they could afford using adjustable rate mortgages. Making use of houses as an ATM. Credit card debt. Flipping homes Generally men and women living way beyond their means when you make $ 5.00 an hour you cannot afford a $ 500,000.00 house along with a new bmw or mercedes Some will say it is all the bankers fault but the people signed their life away and bit off far more than they could chew.
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Question by Water_Resources: Did Socialism or Capitalism bring about America’s current financial demise?
Informed answers appreciated.
Demise; the end of something that used to exist, especially when it happens slowly and predictably.
Answer by birdie
Cute question! I will sit back and enjoy the show!
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Question by Tim6298: doing a paper on the US government role in the current mortgage/housing meltdown?
What points should I try to make? Any good articles, or websites?
Anything that will list policies that were put in place but the governement that led to the current housing crisis, and policies that will get us out of it
Answer by stephen sexton
Accually goverment caused the melt down in the first place. During the Clinton years they said lenders need to lower their regulations so lower income people could get loans for homes. People they wouldn’t have lended to before. Then as time went on more and more lower income people could get bigger and bigger loans and then could’nt pay them back. Now your want goverment to fix the problem they created. Interesting.
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Question by frxa: would the current problems with merryl lynch affect my 401k?
i have a retiment account with merryl and i just keep hearing about all their problems. does anyone know if i will take a hit over that? also should i cash out and get hit with the taxes?
Answer by The Professor
Whatever you do, don’t cash out! That is the worst possible thing you can do. Your assets at ML are probably safe, but if you are really worried….
If you are still working for the employer which has the 401K at ML, there really isn’t anything you can do. You employer determines who manages the 401K plan. However, I suspect you are asking the question because you have an account at ML from a former employer.
In that case, set up a rollover IRA account at Vanguard or Fidelity Investments. You can then rollover the proceeds of your 401K account to the rollover IRA. This is not a taxable transaction so there will be no taxes or penalties. However, make sure ML transfers the money directly to your new account.
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