BLACK ONLINE NEWS NETWORK  www.blackfinancialtimes.com | Tuesday, Mar. 9, 2010  
Breaking News  
Conference Call Services & Price
ATT and Verizon are conference call providers, web conference call, audio outbound conference call
Commercial delinquency lower than other mortgages (AP)
AP - Commercial mortgages were among the best-performing loans and leases held by banks and thrifts in the fourth quarter of last year, the Mortgage Bankers Association said Tuesday.
Management Education on the Fly (BusinessWeek)
BusinessWeek - Who got us into this mess? It's not just greedy mortgage lenders and irresponsible economists who are responsible for the current financial crisis. Leaders, so called, have played a role too, by not managing their companies and so being detached from what was going on in them. And behind much of this has been an educational process that encouraged such detachment. As I've argued at length in my book, Managers not MBAs, the MBA is fine education -- but in the functions of business, not the exercise of managing. ...
Summary Box: AIG's $15.5B Alico sale to MetLife (AP)
AP - THE SALE: American International Group Inc. sold its American Life Insurance Co. division, or Alico, to MetLife Inc. for $15.5 billion. The deal is AIG's second big asset sale in two weeks. On March 1, it said it would sell its AIA Group unit to Prudential PLC for $35.5 billion.
AIG sells Alico unit to MetLife for $15.5 billion (AP)
AP - American International Group Inc. said Monday that it will sell its American Life Insurance Co. division for $15.5 billion to MetLife Inc. The government-approved deal, AIG's second big asset sale in two weeks, will give the insurer more cash to repay the billions of bailout dollars it still owes the government.
MetLife seals Alico deal after two-year quest (Reuters)
Reuters - MetLife Inc pursued AIG's foreign life insurance business for two years before finally clinching a $15.5 billion purchase that will give it beachheads in 47 nations from Peru to Bangladesh.
Is Bank of America a Buy? (The Motley Fool)
The Motley Fool - With the recent auction of Treasury's Bank of America (NYSE: BAC - News) warrants, the big bank joins Goldman Sachs (NYSE: GS - News), Morgan Stanley (NYSE: MS - News), and several other banks in completing its exit from TARP. But, is it a buy?
Make a Garbage Can Compost Bin

Itching to get back out in the yard again? While you wait for the warm weather to arrive, why not make yourself a new compost bin? All it takes is a spare garbage can and about 30 minutes of work: Garbage Can Compost Bin Instructions Photo &copy Erin Huffstetler Related Reading: Make a Soaker Hose Homemade Fertilizer Plan a Victory GardenMake a Garbage Can Compost Bin originally appeared on About.com Frugal Living on Tuesday, March 9th, 2010 at 12:47:32.Permalink | Comment | Email this

The Weekend Frugalite

I'm frugal seven days a week, but the weekend is when I have to most time to devote to my money-saving endeavors. It's when I cook up big batches of dried beans; when I hit the thrift stores in search of bargains; and when I get rebate forms filled out and in the mail. It is hands-down when I am at my frugal best. How do you use your weekends to save money all week long? Related Reading: View Weekly Sales Ads Online How to Repair Anything Make Your Own BreadThe Weekend Frugalite originally appeared on About.com Frugal Living on Monday, March 8th, 2010 at 11:30:17.Permalink | Comment | Email this

The Great Mushroom Adventure: Part IV

Well, another week has gone by, and still no mushroom sightings. Rats. I guess the good news is that mushroom season is almost here. I'll let you know if anything changes with the kit; but in the meantime, joining a mushroom club is starting to look like the way to go. Related Reading: Monthly Foraging GuideThe Great Mushroom Adventure: Part IV originally appeared on About.com Frugal Living on Friday, March 5th, 2010 at 09:00:27.Permalink | Comment | Email this

Save like the rich and famous

In a down economy, how are the wealthy protecting their money? Let the same advice they are receiving guide you through these hazardous financial times.

Lessons of a $618,616 death

Two years after her husband's death and almost 10 years after his cancer diagnosis, a woman examines the wrenching emotional and financial costs of keeping him alive.

Credit card debt: How to cut a deal

More than ever, credit card companies are ready to negotiate with borrowers who are in over their heads. But know your options before you commit.

Does your car insurer hate you?

Insurance companies won't randomly decide to drop you or raise your rates. But many things could put you on your insurer's bad side.

Time to dump the housing tax credit?

Government support that artificially props up home values is forestalling a real recovery for the housing market.

Financial Headlines

Long-Term Care Insurance: You Have Options

Let Us Buy More I Bonds

Political Litmus Test: Bluest States Spilling The Most Red Ink

Concierge Health Care: The Pros And Cons Of Having A Doctor On Call

Can You Live A Debt-Free Life?

Trillion-Dollar Pension Gap Just Beginning Of States' Fiscal Woes

Latest Financial News

Amassing Billions On Your Own Steam

How To Make $1 Million Before You Graduate

Top 10 Sources Of Funding For Start-ups

The 10 Dumbest Things Businesses Buy

How The Best Small Businesses Spend Money

The Biggest Small Business Competitions

   

Saving & Spending

Watch for 'cash for clunkers' scams

'Official' owner wants cash for a clunker

Home equity can be used to buy car

How to spend extra money smartly

When a HELOC is used for a business

Credit

The Fed Proposes a Rules to Limit Credit Card Fees

Watch Out for Unauthorized Charges From iTunes

Are Some Creditors Trying to Hide the True Cost of Credit?

Beware Credit Card Skimming

5 Ways to Spend Your Tax Refund

How to Share a Credit Card

   

More Financial News

The Fed Proposes a Rules to Limit Credit Card Fees

Watch Out for Unauthorized Charges From iTunes

Are Some Creditors Trying to Hide the True Cost of Credit?

Beware Credit Card Skimming

5 Ways to Spend Your Tax Refund

How to Share a Credit Card

Other Financial News

Switch Banks for Better Savings Rates?

Be a Contributing Writer at About.com

Bulldozed Foreclosure and Business Debts

Don't Want to Pay? Beware the Tax Levy

Subprime Explained

FDIC: Problem Banks a Growing Problem

 

EXPRESSIONS

GIRL TALK
Girl.............the tabloids watch Oprah's weight more than she does........If I had Oprah's money I would tell the tabloids that they can go and kiss my collard greens


Special Edition



  BLACK ONLINE NEWS NETWORK VIDEO
  BENJAMIN'S NEWS
Eat out for less

Here are 10 strategies to save money and still have a satisfying meal out.


When a HELOC is used for a business

A couple wonders if interest on a HELOC is tax-deductible if the loan is used for an LLC.


MetLife near billion deal for AIG unit (Reuters)

Reuters - A tax question holding up American International Group Inc's sale of its foreign life insurance unit to MetLife Inc is expected to be resolved favorably, clearing the way for a roughly billion deal, sources familiar with the matter said on Thursday.

Stock up on staples for pennies

This month's Frugal Sense winner spends mere pennies to stock up on staples like toothpaste.

Surviving Armageddon on a budget

Americans should prepare to be self-sufficient for at least 3 days in case of a disaster, federal officials say. But getting ready doesn't have to cost a lot.

Leaving your job? Don't forget your 401(k)

Question: I'm in my 30's and have a 401(k) from a previous job, 75% of which is invested in a variety of stock portfolios. Although my stock holdings have recovered a bit recently, I'm still down about ,000 from my peak balance. I'm planning to roll over this old 401(k) into either the 401(k) at my new job or into an IRA account, but I'm wondering whether I should do the rollover now while stocks are still cheap or wait until the market has recovered and then do it. What do think? --Todd Gerecke, Lynden, Washington

  Top Stories

- Entertainment: Howard Stern: Gabourey Sidibe Is 'Enormous,' Will Never Work Again

- Why Obama Will Ultimately Win With Health Care

- Lil Wayne Sentenced To A Year In Prison

- Mo’Nique Wins Oscar For Best Supporting Actress

- Officials Step Up Enforcement of Rights Laws in Education

- Campbell's driver regrets calling police on model

- Closing of Ebony Fashion Fair means end of an era

- Michelle Obama donates inaugural dress to Smithsonian

- IRS Has .3 Billion in Unclaimed Tax Refunds for People Who Didn't File Tax Returns

- Tawanna Iverson Files for Divorce

- USGA and PGA of America create African American golf repository

- The Black Factor: LEGAL BRIEF: Big Lots to Pay 0000 for Race ...

- Ludacris, Foxx target black youth in social media push on HIV

- NASCAR To Commemorate Wendell Scott In Atlanta

- AIG Units Settle Discrimination Case

- Annette John-Hall: Some stumbling after step show

- Men filing more sexual harassment complaints

- Flurry of Racist Incidents on School Campuses Raises Concerns

- Author: Hospitals must learn from errors, prevent infections

- Obama focuses on school dropouts

- Study links violent video games to violent thought, action

- Tobacco Company Marketing To African Americans

- Alcohol use lower among blacks

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- Race Gap in Treatment of Heart Condition

- Obama Marks Importance of the Nation's Historically Black Universities

- Judge Mathis Calls Prison System Modern-Day Slavery

- White House Social Secretary To Resign

- Tyler Perry's off-screen performances are worthy of NAACP honor

- Obama outwits GOP on health care, now it's Senate Dems' turn

- Step show prize to be shared after controversy over white sorority's win

- Panel Finds Rangel Broke House Rules With Caribbean Trip

- Paterson to Drop Out of Campaign

- Now On To Passing The Health Care Bill

- Court Considers Time Limits on Employment Discrimination Suits

- Boyfriend of Al Sharpton's Daughter Arrested for Punching Her in the Face

- What You Need to Know About Today's Credit Card Rule Changes

- Obama Details Plan to Expand Health Care to Uninsured

- 2 Bronx Communities Are Accused of Preventing Blacks From Buying Homes

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- 2009 films mostly ignored African-Americans

- Lawmaker wants cell phone radiation labels

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- Parents angry at 'American Idol' contestant

- Doctors: Choke-proof hot dogs

- Rajaan Bennett, Vanderbilt University Recruit, Killed in Murder-Suicide

- Obama unveils mortgage plan to help California, 4 other states

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- Tiger's been tamed, now leave him alone

- Speedskater Davis shows how it's done

- 'Soldier of Love' was a long time coming for reclusive Sade

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EXPRESSIONS

YES I CAN
I will no longer feed the cravings of high blood pressure, diabetes and kidney failure............I will feed the desires of a healthy body

SCHOOLING DIVALEESHA
Divaleesha.............your self esteem should come from the inside and not the outside which is your designer labled clothes and bags........self esteem cannot be bought it must be taught !

THE ACTIVIST
In 1986, before mandatory minimums for crack offenses became effective, the average federal drug offense sentence for blacks was 11% higher than for whites. Four years later following the implementation of harsher drug sentencing laws, the average federal drug offense sentence was 49% higher for blacks.

REV. TELL IT LIKE IT IS
Sisters......... don't call a good man a dead beat dad when he is financially supporting his children and wants to be an important part of their lives but the woman is making it hard for him because he no longer wants to be in a relationship with her........And Brothers.........don't give up on a relationship with your children just because the woman is making it hard for you to do so.......Your children are worth more than your child support!

THE MYSTERY OF BLACK HISTORY
George Washington Carver developed 300 derivative products from peanuts among them cheese, milk, coffee, flour, ink, dyes, plastics, wood stains, soap, linoleum, medicinal oils and cosmetics.

THE KNOWLEDGE NUT
Did you know that........ no matter how ticklish you may be, you can't tickle yourself.................... This is because your brain keeps your senses focused on what's happening in the world; important signals aren't drowned out in the endless buzz of sensations caused by your actions. For instance, we are unaware of the feel of a chair and the texture of our socks, yet we immediately notice a tap on our shoulder.

DOCTOR KNOW
35% of African Americans have hypertension, which accounts for 20% of the African American deaths in the United States - twice the percentage of deaths among whites from hypertension.

GIRL TALK
Girl.............the tabloids watch Oprah's weight more than she does........If I had Oprah's money I would tell the tabloids that they can go and kiss my collard greens

 

 
     
       
 

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