The Next Wave of Bankruptcies

Banks have lost over $680 billion because of the huge wave of foreclosures that has hit the market over the past two years. And losses are beginning to ratchet up somewhere else, too: consumer credit card charge-offs. Charge-offs are debts that a company deems...

Financial Word of the Week: Dividends

It’s nice to own stocks, sure. But do those companies pay you dividends for owning them? A dividend is like a corporate profit split. As the company earns profits, they can choose to pay out a percentage of those profits to their shareholders. Shareholders love...

Financial Word of the Week: Bailout

With all of the turmoil in the financial industry, one word that keeps making the rounds is “bailout.” So here’s what you need to know. A bailout is when the government extends a loan (or takes over) a private company because it is deemed “too large to fail.” Bailouts...