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Overseas Earnings

In 2002, it seemed as though investors couldn’t find a safe spot on Earth to invest their money. By Dec. 11, the Standard & Poor’s 500 index was down more...

And The Children Will Teach

At age 15, Ionnie McNeill is a shrewd investor. Before she was old enough to talk, Ionnie tagged along with her mother, Ann McNeill, to weekly investment meetings given by...

Going The Extra Mile

Cheryl Hudson-Jackson believes many women dread buying intimate apparel, particularly those with full-figured bodies. A curvaceous size 18 herself, the president and co-founder of Schaumburg, Illinois-based Rubynesque has made a...

Robert Johnson Creates Lending Facility for Mortgage Servicers

Through Urban Trust Bank, Robert L. Johnson created a new entity, Homeowners First Bank. Homeowners First is an advanced lending facility or a bank designed specifically to provide temporary, advance funding to mortgage servicers. Mortgage servicers are the middlemen, who may or may not be the same company as the lender, but who retrieve money from borrowers on behalf of lenders.

Scam Artists Adapt to Economic Crisis

While scams are always a concern of law enforcement, experts are warning that the tough economic climate may lead even more people than usual to fall victim to the sweet-sounding promises of scam artists. “In tough times people are likely to be looking for attractive solutions to their problems, whether it is money-making schemes or bogus claims to save them from foreclosure,” says Frank Dorman, a spokesman for the Federal Trade Commission.

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