Cash Advance News Sep 2008

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Payday lenders exceed number of signatures needed for vote
A new state payday-lending law hailed by consumer advocates as one of the best in the nation takes effect Monday, but lenders in Ohio can pretty much ignore it for now. (Mon, 01 Sep 2008 01:13:45 GMT)

Clumsy Robber Becomes Unmasked Leaving Scene
DEERFIELD BEACH, FL -- Police in Florida are searching for a man who robbed seven Broward County businesses. (Mon, 01 Sep 2008 03:40:02 GMT)

Jankovic, Dementieva Advance At U.S. Open
Second-seeded Jelena Jankovic of Serbia rallied to defeat Danish upstart Caroline Wozniacki in three sets, while fifth-seeded Elena Dementieva cruised to a straight-set victory in her fourth-round matchup Sunday at the U.S. Open. (Mon, 01 Sep 2008 06:13:10 GMT)

Even simple policies can be screwed up
The subprime lending crisis that is still roiling financial markets was caused in part by excessive complexity. The securitization of mortgage loans was so complicated that it flummoxed regulators and rating agencies. But bad policy can happen even when things are simple. Payday lending is a perfect example. (Mon, 01 Sep 2008 06:39:27 GMT)

Payday lenders file far more signatures than needed for vote
A new state payday-lending law hailed by consumer advocates as one of the best in the nation takes effect today, but lenders in Ohio can pretty much ignore it for now. (Mon, 01 Sep 2008 11:44:05 GMT)

Shionogi to Buy Sciele Pharma to Get U.S. Sales Staff (Update3)
Sept. 1 (Bloomberg) -- Shionogi & Co. , the Japanese maker of the Crestor cholesterol pill, agreed to buy Sciele Pharma Inc. for $1.4 billion to gain its own sales force in the U.S. (Mon, 01 Sep 2008 11:55:47 GMT)

Payday lenders turn in signatures for Ohio ballot
COLUMBUS -- Payday lenders turned in 422,000 petition signatures on Sunday in an attempt to repeal part of a lending law that is one of the strictest of its kind in the nation. (Mon, 01 Sep 2008 12:10:13 GMT)

Germany's DAX Index Declines; Henkel, Commerzbank Lead Retreat
Sept. 1 (Bloomberg) -- German stocks fell for the first time in three days as a drop in retail sales weighed on consumer shares, overshadowing a drop in oil prices. (Mon, 01 Sep 2008 13:54:21 GMT)

Reverse Mortgage
Jerri Compton has been a financial planner for the past three years with Creative Financial Solutions LLC. You’ve seen the commercials. Need extra money. Own your home. Getting the cash can be as easy as signing on the proverbial dotted line. (Mon, 01 Sep 2008 15:48:20 GMT)

In Shadows of 19th Hole, Murder in the Hamptons
The murder of an off-duty correction officer by a caddy who worked at an exclusive golf club in the Hamptons has pitted two disparate Long Island communities against each other. (Tue, 02 Sep 2008 01:39:53 GMT)

Marcial: Wal-Mart Rolls Ahead
(Tue, 02 Sep 2008 03:35:57 GMT)

Taking the Waste out of Wastewater
(Tue, 02 Sep 2008 03:36:09 GMT)

Most German Stocks Advance; Daimler, TUI, Lufthansa Lead Gain
Sept. 1 (Bloomberg) -- Most German stocks rose as crude oil fell to its lowest in more than four months, lifting the earnings outlook for automakers and airlines. (Tue, 02 Sep 2008 04:24:18 GMT)

Asian Stocks Advance, Led by Korea Electric, Qantas; BHP Drops
Sept. 2 (Bloomberg) -- Asian stocks gained after a slump in the prices of metals and crude oil boosted utilities and airlines, countering losses in raw-materials suppliers. (Tue, 02 Sep 2008 04:31:07 GMT)

Playing Poker by Daniel Negreanu : Cash-game, tournament skills differ
There's plenty of discussion on Internet poker forums about the differences between tournament and cash-game players. The general consensus is that cash-game players are superior. And while I do believe there is some truth to that sentiment, it is important to recognize that the skills required for each format are vastly different. (Tue, 02 Sep 2008 07:18:50 GMT)

Making the switch to cash games
There's plenty of discussion on internet poker forums about the differences between tournament and cash game players. The general consensus is that cash game players are superior. (Tue, 02 Sep 2008 08:53:51 GMT)

Military battles predatory lending
When Air Force Tech. Sgt. Larry Kight was a young recruit eight years ago, he got his first taste of an enemy he hadn't reckoned with: money. Just 18 and flush with his first full-time paycheck, Kight said he immediately went shopping for a used car. (Tue, 02 Sep 2008 09:08:43 GMT)

How to Shop Around for the One Purchase Everyone Must Make
(ARA) - The origin of money may be lost to antiquity, but it's a pretty sure bet that shortly after someone invented cash, someone else came up with the idea of shopping around to get the best deal for their money. (Tue, 02 Sep 2008 12:55:14 GMT)

Education Calendar: 09/02/2008
The Education calendar is published weekly. To submit information email awidmer@record-eagle.com ; fax (231) 946-8632; or mail to 120 W. Front St., P.O. Box 632, Traverse City, MI 49685-0632. Items should be received at least two weeks in advance. (Tue, 02 Sep 2008 13:43:02 GMT)

Bluegreen Corporation Completes $75.0 Million Timeshare Receivables Facility
Bluegreen Corporation (NYSE: BXG) ("Bluegreen"), a leading provider of Colorful Places to Live and Play(R), today announced that on August 27, 2008 it entered into a new $75.0 million revolving timeshare receivables hypothecation facility with a syndicate of lenders led by Liberty Bank and assembled by Wellington Financial. The facility provides for a 90% advance on eligible receivables pledged ... (Tue, 02 Sep 2008 13:59:57 GMT)

$20m in advance for myki
THE cost has blown out by $350 million, it will be at least three years late, but the disastrous myki ticketing system has earned a $20 million payment from the State Government. (Tue, 02 Sep 2008 14:00:00 GMT)

Business Robbed At Gunpoint
Cash Advance on Versailles Road, near Forbes Road, was held up Tuesday morning. (Tue, 02 Sep 2008 16:37:22 GMT)

Keep payday loans as credit option
A payday loan. If you're like most Arizona voters, you have never had one, don't really know how they work and might even have a less-than-positive feeling about them. And who could blame you? (Wed, 03 Sep 2008 07:27:57 GMT)

Payday lender joins Borrow Smart Alabama
Easy Money, a short-term lender that makes loans commonly known as payday loans, announced it is joining Borrow Smart Alabama, a industry group that promotes a code for its members. (Thu, 04 Sep 2008 09:04:18 GMT)

Easy Money payday lender joins Borrow Smart Alabama campaign
Easy Money, a payday lender with stores in Birmingham and Tuscaloosa, recently joined Borrow Smart Alabama – a TV ad campaign aimed at encouraging borrowers to use loans wisely. (Thu, 04 Sep 2008 15:21:31 GMT)

Experts See Rise In Payday Loans
A local financial planning agency in Rockford is seeing a trend-- more people taking out payday loans. "They're struggling to pay the necessities of life, pay utility bills, buy groceries," says Letitia McEastland of Family Credit Counseling. (Fri, 05 Sep 2008 20:23:28 GMT)

Out-of-state payday loans must adhere to state rules
The Commerce Department made its ruling as the volume of short-term loans has 'exploded' on the Internet. (Sat, 06 Sep 2008 02:24:45 GMT)

Top tips : What directors should do when the cash runs out
Mike Whale and Mark Lowndes, of Lowndes Associates' insolvency and restructuring team, advise what directors should do when the cash runs out. If a company can't pay its bills on time, are the directors personally liable? (Sat, 06 Sep 2008 18:37:27 GMT)

How you spend affects how much you spend: Non-cash purchases found to be higher than cash buys
( American Psychological Association ) There is fresh evidence that people spend less when paying cash than using credit, cash-equivalent scrip or gift certificates. They also spend less when they have to estimate expenses in detail. (Sun, 07 Sep 2008 04:25:55 GMT)

WNBA Notebook | Swin Cash determined to block out back pain
Sitting in a broadcast studio in New York, forward Swin Cash spotted her pick for who would use the Olympic momentum to play well in the... (Sun, 07 Sep 2008 07:21:13 GMT)

(AFX UK Focus) 2008-09-07 14:58 Alitalia suppliers seek advance payments - report
CERNOBBIO, Italy, Sept 7 (Reuters) - Alitalia's suppliers have begun seeking deposits and payments in advance and the bankrupt airline is doing its best to continue payments, the administrator overseeing the carrier's bankruptcy said. In an interview with Il Sole 24 newspaper, Augusto Fantozzi said the airline had between 30 and 50 million euros in cash, less than the 70 million needed to ... (Sun, 07 Sep 2008 14:27:38 GMT)

Some States Set Caps to Control Payday Loans
Lawmakers in some states are looking to sharply reduce the caps on annual interest rates for payday lenders, as the industry is attempting to put the issue on the ballot. (Sun, 07 Sep 2008 23:20:39 GMT)

State budget standoff harms California's most vulnerable residents
Lottery winners are still cashing in and judges haven't missed a payday, but California's record-breaking failure to pass a state budget is now hitting thousands of others hard. Vote: Is California's state budget impasse affecting you directly? (Mon, 08 Sep 2008 03:01:33 GMT)

Adult social calendar
To have an event listed in this calendar, e-mail the details at least two weeks in advance of the event or registration deadline to nbrcalendar@dailyherald.com. Please put "Adult social" in the subject line. (Mon, 08 Sep 2008 05:10:13 GMT)

Shopping centers scrambling for tenants
Even in booming parts of the county, some shopping centers struggle to find tenants. (Mon, 08 Sep 2008 05:46:17 GMT)

Johnson's finances see shift
The last time Sen. Tim Johnson ran for re-election, some of his biggest campaign contributors worked for big banks such as Citigroup and Goldman Sachs, but all that has changed during the 2007-08 campaign cycle, Federal Election Commission records show. (Mon, 08 Sep 2008 06:56:37 GMT)

Departing Hargrove contemptuous of Tory cash
TORONTO - Outgoing CAW President Buzz Hargrove literally flipped Prime Minister Stephen Harper the bird as he left office, extending his middle finger on Saturday to "show him what we think of him" after Harper gave the auto industry more than $80 million in aid last week. (Mon, 08 Sep 2008 09:42:41 GMT)

Voters likely to see 5 statewide issues
Ohioans won't vote on mandatory paid sick days on Nov. 4, but they will decide the fate of a payday-lenders law, a proposed casino near Wilmington and continuation of the "Clean Ohio" environmental and conservation program. (Mon, 08 Sep 2008 11:29:06 GMT)

Indian call rates end steady as cash supply eases
(Updates to close) (Mon, 08 Sep 2008 11:59:58 GMT)

The Psychology Of Spending: How You Spend Affects How Much You Spend
There is fresh evidence that people spend less when paying cash than using credit, cash-equivalent scrip or gift certificates. They also spend less when they have to estimate expenses in detail. These findings appear in the September issue of the Journal of Experimental Psychology: Applied, published by the American Psychological Association. (Mon, 08 Sep 2008 12:12:35 GMT)

Emerging-Market Bonds Advance After Freddie, Fannie Seizure
Sept. 8 (Bloomberg) -- Emerging-market bonds rallied, with yields relative to Treasuries narrowing the most since March, after the U.S. government's seizure of mortgage finance companies Fannie Mae and Freddie Mac boosted investor demand. (Mon, 08 Sep 2008 14:22:04 GMT)

Volunteers further science, earn cash
Looking to make fast cash in the name of science? By volunteering in medical experiments you can help advance medical knowledge, or better yet pick up some well-earned cash. (Mon, 08 Sep 2008 15:14:57 GMT)

Some States Set Caps to Control Payday Loans
To aid borrowers, Ohio lawmakers push for new regulations capping payday loans. (Mon, 08 Sep 2008 15:35:42 GMT)

Competing First Calgary bid is considered unlikely
CALGARY — — Italian oil firm ENI S.p.A. has agreed to takeover First Calgary Petroleums Ltd. in a $923-million cash deal, bringing the Calgary-based company's turbulent recent history to a close. (Mon, 08 Sep 2008 16:51:58 GMT)

Armed Man Robs Cash-Advance business
Police are looking for a man armed with a handgun who robbed an area cash-advance business. (Mon, 08 Sep 2008 17:33:23 GMT)

Fall council season gets under way
Scottsdale City Council members may take on payday loan stores on Tuesday. (Mon, 08 Sep 2008 18:47:53 GMT)

Suspect In Cash Advance Robbery ID'd
Terms of Use: We welcome your participation in our community. Please keep your comments civil and on point. You must be at least 13 years of age to post comments. (Mon, 08 Sep 2008 18:56:19 GMT)

Emerging-Market Bonds Advance After Freddie, Fannie Seizure
Sept. 8 (Bloomberg) -- Emerging-market bonds rose, with yields relative to Treasuries narrowing the most since in four weeks, after the U.S. government's seizure of mortgage finance companies Fannie Mae and Freddie Mac boosted demand for higher- yielding securities. (Mon, 08 Sep 2008 19:35:36 GMT)

US Cash Grain Review: Basis Bounces On Flat Farm Sales
CENTRAL CITY, Neb. (Dow Jones)--Cash basis improved at nearly all levels of the U.S. grain market Monday, despite slack export demand, as harvest delays and unpalatable prices restricted selling by farmers. Grain futures ended mixed. (Mon, 08 Sep 2008 20:07:51 GMT)

Cash Advance Robbery Suspect ID'd
Who will be our next President? Police have identified a suspect in last week's armed robbery of a check cashing business. Police have issued a warrant for the arrest of 61 year old Edward Jacobsen. (Mon, 08 Sep 2008 20:29:45 GMT)

Emerging-Market Bonds Advance After Freddie, Fannie Seizure
Sept. 8 (Bloomberg) -- Emerging-market bonds rose, with yields relative to Treasuries narrowing for the first time in more than a week, after the U.S. government's seizure of Fannie Mae and Freddie Mac boosted investor demand. (Mon, 08 Sep 2008 20:35:39 GMT)

Police Identify Robbery Suspect
Police identify the man they think is responsible for holding up the Cash Advance on Versailles Road in Lexington last week. (Mon, 08 Sep 2008 22:37:16 GMT)

Man at Large Robs Check-Into-Cash with Shot Gun
He entered the store pulled out the gun and took an undisclosed amount of money. (Tue, 09 Sep 2008 00:21:38 GMT)

Japan's Bonds Advance After 5-Year Auction Demand Increases
Sept. 9 (Bloomberg) -- Japan's five-year notes advanced after demand increased at today's auction of 1.9 trillion yen ($17.6 billion) in the securities with a 1.1 percent coupon. (Tue, 09 Sep 2008 04:32:05 GMT)

Council to discuss payday loan stores
Scottsdale will consider Tuesday whether it wants to pursue placing new restrictions on payday loan stores, which could include mandating a minimum distance between them. (Tue, 09 Sep 2008 04:33:27 GMT)

U.K. Stocks Gain for Second Day; HSBC, Royal Bank Lead Advance
Sept. 9 (Bloomberg) -- U.K. stocks rose, extending the FTSE 100 Index's steepest rally in eight months, led by banks as the Times reported the U.K. government may take steps to shore up the home-loan market. (Tue, 09 Sep 2008 10:08:16 GMT)

QUICK POLL
LAS VEGAS-A nightclub and 11 pawnshops here are shifting to Texas-based owners. (Tue, 09 Sep 2008 10:33:48 GMT)

Indian call rates end down as cash supplies improve
(Upates to close) (Tue, 09 Sep 2008 11:56:29 GMT)

Can the Rally Last?
News of the government takeover of Fannie Mae and Freddie Mac sent stocks soaring, but it's not enough to bring back a bull market. (Tue, 09 Sep 2008 13:03:29 GMT)

Radwanski used travel cash to pay credit card: expert
George Radwanski's fraud trial has been told the former privacy commissioner took out a $15,000 travel advance in 2002 to pay his government credit-card expenses instead of travel. (Tue, 09 Sep 2008 19:08:32 GMT)

Global eTelecom, Inc. Teams With Professional Merchant Advance Capital, LLC (ProMAC) to Offer Check-Based Merchant ...
Global eTelecom, Inc. announced today a new partnership with ProMAC that will aid merchant businesses in their efforts to raise capital for business expansion. ProMAC's innovative new electronic payment advance product enables merchants to use business and consumer check processing receipts as a repayment stream for merchant advance transactions. (Tue, 09 Sep 2008 19:17:00 GMT)

Payday loan checks not in place?
It's one area of the credit industry where there's no crunch. Payday loans are marketed as a short term financial fix. A loan of under £1000 to be repaid in 30 days. (Tue, 09 Sep 2008 19:27:54 GMT)

Did Apple advance music discovery?
Everybody knows what it's like to hear really good songs back-to-back only to lose that good vibe when the next tune is a dud. (Wed, 10 Sep 2008 00:33:00 GMT)

Bail-out hands Pimco $1.7bn payday
The Bill Gross-managed Pimco Total Return fund reaped a $1.7bn payday following the US government takeover of home loan giants Fannie Mae and Freddie Mac. (Wed, 10 Sep 2008 01:20:41 GMT)

Private lenders prey on uninformed students
Some bad financial decisions made in college could follow you the rest of your life, but who is to blame: predatory lenders or irrational borrowers? According Dennis Petruska, economics professor, it might be the latter. (Wed, 10 Sep 2008 01:57:37 GMT)

Grants advance improvements in Tremont
TREMONT — The borough can cash two checks totaling $35,000. (Wed, 10 Sep 2008 08:28:26 GMT)

Indian cash rates end higher ahead of t-bill outflows
(Updates to close) (Wed, 10 Sep 2008 12:12:58 GMT)

Man faces 25 years in prison on robbery charges
A Merrill man pleaded no contest Tuesday to six felony charges, including armed robbery, and faces up to 25 years in prison, according to court records. (Wed, 10 Sep 2008 13:16:25 GMT)

US Cash Cattle Pre-Open: Watching Futures For Direction
KANSAS CITY (Dow Jones)--Cattle feeders, brokers and market analysts in the Plains states Wednesday said they expected to spend the day watching futures markets to gain a sense of price direction. (Wed, 10 Sep 2008 13:38:51 GMT)

US Cash Grain Outlook: Slow Country Movement Supporting Basis
CENTRAL CITY, Neb. (Dow Jones)--Seasonally slow country movement, partially produced by hurricane rains, was supporting spot basis bids for nearly all types of U.S. cash grain at midweek. (Wed, 10 Sep 2008 14:24:54 GMT)

Merrill teen pleads no contest to 6 felonies
Associated Press - September 10, 2008 10:45 AM ET WAUSAU, Wis. (AP) - A Merrill teen faces up to 25 years in prison after pleading no contest to six felonies, including armed robbery. (Wed, 10 Sep 2008 14:53:31 GMT)

Associations look to cash advance for help
Two years ago, Captiva Lakes Villas in suburban Miami was struggling to pay its water and garbage collection bills, and its condo association was mired in a $60,000 budget shortfall. Like other homeowner associations around the country, Captiva Lakes Villas saw many members, some with unmanageable mortgages, stop paying fees amid a slowing economy. Cash-strapped associations took out loans, ... (Wed, 10 Sep 2008 20:35:01 GMT)

City zeroes in on payday-loan stores
Scottsdale made the first moves this week to crack down on what Mayor Mary Manross called a ''proliferation'' of payday loan businesses. (Wed, 10 Sep 2008 21:47:43 GMT)

"Hoodie Bandit" Pleads No Contest Faces 25 Years
19-year old Aaron Smith, nicknamed "The Hoodie Bandit" for the jacket he wore during the armed robberies he's now convicted of committing, is scheduled to be sentenced in December. He pleaded no contest to armed robbery and burglary Tuesday. (Wed, 10 Sep 2008 22:03:25 GMT)

Lenny the Loanshark ad pans payday loan proposition
An organization trying cap interest payments levied by payday loan providers in Arizona will debut an ad on YouTube Thursday, mocking the industry's hidden fees. (Wed, 10 Sep 2008 22:26:36 GMT)

Grants advance improvements in Tremont
TREMONT — The borough can cash two checks totaling $35,000. (Thu, 11 Sep 2008 02:23:30 GMT)

Whatever Happened To...Millionaire poker champ keeps playing
Whatever happened to Aaron Kanter? Elk Grove resident Aaron Kanter won $2 million by placing fourth in the 2005 World Series of Poker. He's still playing online and in tournaments. (Thu, 11 Sep 2008 07:14:36 GMT)

Game on at Shanda Interactive
The number-one online-game purveyor in China offers investors here a chance to advance to a new level. (Thu, 11 Sep 2008 10:17:07 GMT)

Living Paycheck to Paycheck On $100,000
Some 21 percent of those with salaries of $100,000 or more say they are living paycheck to paycheck, according to a recent survey conducted by CareerBuilder.com. So, if you're counting the days to your next payday, here are some tips to break out of the paycheck-to-paycheck syndrome. (Thu, 11 Sep 2008 15:25:48 GMT)

US Cash Grain Review:Squeeze On CIF Supply Pops Soy,SRW Basis
CENTRAL CITY, Neb. (Dow Jones)--Tightening pipeline supplies sparked an explosion in CIF basis for some classes of cash grain at ports in the Louisiana Gulf market Thursday. (Thu, 11 Sep 2008 20:21:17 GMT)

RM100,000 reward awaits
KUCHING: The Customs Department wants to curb smuggling by targeting illegal warehouses nationwide. It is willing to offer a cash reward of up to RM100,000 for information on contraband stored at such warehouses. (Fri, 12 Sep 2008 00:14:01 GMT)

Loan demand from tour operators dips
Demand for credit by tourist operators has fallen as a result of the country's political crisis, according to Kannikar Chalitaporn, the president of Siam Commercial Bank. (Fri, 12 Sep 2008 00:24:15 GMT)

Police Reports
Massillon An employee at National Cash Advance, 2454 Lincoln Way E., was taking out the trash when she discovered a commercial trash dumpster had been stolen, according to a police report filed Wednesday. The dumpster was valued at $1,000. (Fri, 12 Sep 2008 01:40:58 GMT)

Brunner may toss signatures on payday-lending ballot issue
Secretary of State Jennifer Brunner said yesterday she will appoint a hearing officer to help determine if a number of signatures submitted by payday lenders should be tossed out because a form was not properly filed. (Fri, 12 Sep 2008 04:17:27 GMT)

Aldermen may rein in payday lenders
Payday lenders would face tighter restrictions than sexual predators under a proposed change to Springfield’s zoning code. (Fri, 12 Sep 2008 04:51:47 GMT)

Serial Robber’s Surprise
When Robert Smith picked a payday loan store for his third hold-up in two weeks, he didn't know an undercover deputy was standing inside. More (Fri, 12 Sep 2008 05:41:16 GMT)

Indian cash rates lower as demand for funds slips
MUMBAI, Sept 12 (Reuters) - Indian overnight cash rates fell on Friday on lower demand for funds on the last day of the repotrting period as banks completed their borrowing to fund reserve requirements for the fortnight. (Fri, 12 Sep 2008 09:29:10 GMT)

U.K. Stocks Rise, Led by Mining Stocks; Barclays, RBS Advance
Sept. 12 (Bloomberg) -- U.K. stocks climbed for the first time in four days, led by commodity and financial shares, as a surge in metals prices boosted the earnings outlook for mining companies and speculation grew Lehman Brothers Holdings Inc. will be bought. (Fri, 12 Sep 2008 10:42:31 GMT)

Indian cash rates end lower on reporting day
(Updates to close) (Fri, 12 Sep 2008 12:37:59 GMT)

Petition opposing payday lending law is questioned
Updated at 7 p.m. Friday COLUMBUS -- A group campaigning to keep a new payday lending law intact will get another opportunity to try to get an industry-backed referendum booted from the November ballot. Secretary of State Jennifer Brunner said... (Fri, 12 Sep 2008 17:54:18 GMT)

GameStop Expo shows off holiday merchandise
LAS VEGAS – GameStop Corp. hopes that what happens in Vegas definitely doesn't stay in Vegas. The Grapevine-based video game retailer camped out in the desert for the past week to train and motivate about 5,000 store managers in advance of the critical holiday shopping season. (Sat, 13 Sep 2008 04:06:36 GMT)

Kenneth Harney: Understanding the details of cash advances
Second of two parts. (Sat, 13 Sep 2008 07:21:49 GMT)

Brunner faces GOP suit, payday-lending dispute
Secretary of State Jennifer Brunner is addressing disputes surrounding a payday-lending issue proposed for the Nov. 4 ballot and applications for absentee ballots mailed to voters by Republican John McCain's presidential campaign. (Sat, 13 Sep 2008 11:33:08 GMT)

Hearing officer to consider payday loan signatures
COLUMBUS — Ohio’s elections chief says supporters of a recently signed law that would restrict payday lenders will get another chance to boot from the November ballot an initiative that would overturn part of the law. (Sat, 13 Sep 2008 18:45:10 GMT)

How greedy diva Mucca set out to cash in on BRAND HEATHER but always blew it
TWO-FACED Heather Mills always vowed publicly she was no greedy money-grabber—but in private her constant catchprase was: “How much they gonna pay us?” (Sat, 13 Sep 2008 22:21:16 GMT)

Scottsdale toughens rules on payday loan stores
The Scottsdale City Council has agreed to impose tougher regulations on payday loan stores with hopes of reducing their numbers throughout the city. (Sun, 14 Sep 2008 00:23:26 GMT)

Weighing An Olympic Win
Besides bringing pride to their country, Olympic winners also fatten their paychecks with more endorsements. There is more to winning or losing an Olympic gold medal than pride—as the cash rewards from marketing athletes suggest. (Sun, 14 Sep 2008 04:07:01 GMT)

Offer of cash for a share in future equity growth carries risks for homeowners
Second of two parts (Sun, 14 Sep 2008 07:04:02 GMT)

Cash now, equity later entices homeowners
Real estate news from Washington (Sun, 14 Sep 2008 07:23:35 GMT)

Homeowners could pay lots for up-front cash
Second of two parts When an investor offers you $50,000 or $100,000 in exchange for 30 to 50 percent of your home's future appreciation, is it a good deal? That's what a new breed of investment firms is promoting as an alternative to traditional home... (Sun, 14 Sep 2008 07:29:27 GMT)

Reunions
Send reunions at least three weeks in advance to Robin D. Payne by fax at 313-222-5985, by e-mail to events@freepress.com or by mail to Detroit Free Press, 615 W. Lafayette, Detroit 48226. For complete listings, go to www.freep.com/reunions. 150th Anniversary Gala: (Sun, 14 Sep 2008 07:37:46 GMT)

Exercise caution before signing on for new cash loans
Second of two parts. When an investor offers you $50,000 or $100,000 in exchange for 30 percent to 50 percent of your home's future appreciation, is it a good deal? (Sun, 14 Sep 2008 07:53:46 GMT)

Niagara County events
Following is Niagara Sunday's weekly listing of upcoming public events held around Niagara County. If you would like your event included, send the information two weeks in advance to: Niagara Community Calendar, c/o The Buffalo News, 8353 Niagara Falls Blvd., Niagara Falls, NY 14304, fax to: 283-1691 or e-mail to: niagaranews@buffnews.com. (Sun, 14 Sep 2008 11:03:55 GMT)

Payday loan signatures to be reviewed
COLUMBUS (AP) - Supporters of a recently signed law that would restrict payday lenders will get another chance to boot from the November ballot an initiative that would overturn part of the law, Ohio's elections chief said. (Sun, 14 Sep 2008 11:41:05 GMT)

Schools scramble to find funding
As state leaders continue fighting over a budget, schools in San Luis Obispo County are preparing to navigate through a looming cash crisis by tapping into reserves, taking out loans and clamping down on expenses. It’s the latest effect of California’s budget stalemate, the longest in state history, which has resulted in scaled-back hours at local Department of Motor Vehicles offices and ... (Sun, 14 Sep 2008 13:50:07 GMT)

Hearing officer to consider payday loan signatures
COLUMBUS, Ohio (AP) — Supporters of a recently signed law that would restrict payday lenders will get another chance to boot from the November ballot an initiative that would overturn part of the law, Ohio’s elections chief said. (Sun, 14 Sep 2008 18:44:30 GMT)

Indian bond yields ease on lower oil
MUMBAI, Sept 15 (Reuters) - Indian federal bond yields nudged lower on Monday, as a drop of oil prices below $100 a barrel calmed inflation fears, but concerns over cash squeeze curbed a further drop. (Mon, 15 Sep 2008 03:49:57 GMT)

SPCA Column
Who is the fairest of them all? Find out at our 4th Annual Pet-A-Palooza on Saturday, Sept. 27, from 10 a.m. to 4 p.m. when the winners of the pet photo contest will be announced. To gain entry, present either a cash donation or canned cat and dog food at the gate. Kids and pets are free. (Mon, 15 Sep 2008 04:26:34 GMT)

How to pay advance tax? Here's help
As the name suggests, advance tax is nothing but tax paid in advance during the financial year. Any income that has not undergone tax deduction at source is liable for taxes under advance tax. Advance tax normally arises when there is income through capital gains, interest earned, winnings from lotteries, income from house property or income from business. (Mon, 15 Sep 2008 08:29:07 GMT)

A Good Rummage Sale Brings in Extra Cash
(ARA) - As the dog days of summer pass and cooler weather begins to settle in, you may begin to notice a lot of unwanted items around your house. (Mon, 15 Sep 2008 10:01:31 GMT)

Major advance
APused to be for the high school elite. Some educators are trying to change that. (Mon, 15 Sep 2008 11:17:52 GMT)

Dalrada to Provide PayDay Advance Services
Dalrada Financial Corporation: announced today that it has entered into an agreement to provide client employees with advances on their paychecks through a Payday Loan program. Employers who select this benefit give their workers the freedom to use their money for family emergencies, unexpected repairs, overdrafts, or other personal expenses, at a lower rate than traditional payday loan ... (Mon, 15 Sep 2008 13:30:00 GMT)

Wabtec to acquire Chicago rail supplier for $300M
Train parts manufacturer Wabtec Corp. said Monday it will buy a Chicago-area rail equipment supplier for $300 million in cash. (WAB) (Mon, 15 Sep 2008 15:48:51 GMT)

How Safe Is Your Brokerage Account?
Bear and Lehman are gone and E*Trade is bleeding. Here's what you need to know about brokerage safety. (Mon, 15 Sep 2008 16:21:00 GMT)

US Cash Hogs Midday: Bids Flat-Weaker On Sufficient Supplies
KANSAS CITY (Dow Jones)--Packer bids for hogs in the Midwest are reported flat to weaker on sufficient supplies of slaughter-ready animals. (Mon, 15 Sep 2008 17:06:36 GMT)

Call hits 12% on cash crunch
Call rates hardened today to touch a high of 12.5 per cent as liquidity in the money market came under strain due to outflows towards payment for advance tax and debt auction. (Mon, 15 Sep 2008 18:52:11 GMT)

Payday lenders spending big in bid to stay open
Payday lenders funneled another nearly $2.4 million into their campaign Monday in an effort to persuade voters to let them stay in business. (Tue, 16 Sep 2008 03:06:28 GMT)

Bishop Commons nearly ready
The shopping center under construction located at the southeast corner of Missouri Route 72 and U.S. Highway 63 is “close to being done,” said Kevin Guffey of American Reality. Guffey, developer for the project, expects the first tenants to open within two weeks. “Some of the first tenants could include GameStop, a video game retailer, or Easycorp, a payday loan company,” Guffy said Monday. (Tue, 16 Sep 2008 05:59:14 GMT)

Payday loan group beefs up campaign
PHOENIX — Payday lenders funneled another nearly $2.4 million into their campaign Monday in an effort to persuade voters to let them stay in business. (Tue, 16 Sep 2008 07:18:10 GMT)

Money N Advance Store Now Open
A new business has opened on Main Street. Money N Advance is a check cashing and payday loan company. The firm was started by two sisters, Alice Christian and Sharon Venable. (Tue, 16 Sep 2008 08:24:52 GMT)

Avoid cash advances
Avoid taking a cash advance on your credit card. Taking a cash advance on your credit card will result in your paying high interest rates on the cash you withdraw and fees, and interest on those fees, for the remaining years on your larger credit card balance. (Tue, 16 Sep 2008 08:38:15 GMT)

Is investing in paluwagan safe?
I just started my first job last June at a trading company in Manila. My co-workers have been inviting me to join them in the paluwagan at the office. From what I understand, those who join the paluwagan will contribute a small amount every payday. -- Maya (Tue, 16 Sep 2008 10:02:08 GMT)

Contracts bring cash to airport authority
Two new contracts could generate as much as $500,000 a year for the local airport authority. The Fort Wayne-Allen County Airport Authority board on Monday approved a new farming contract and a new parking lot contract. (Tue, 16 Sep 2008 10:10:47 GMT)

Indian cash rates at 17-mo highs on tight liquidity
(Updates with quotes, prices and repo results) (Tue, 16 Sep 2008 10:44:32 GMT)

Education Calendar: 09/16/2008
The Education calendar is published weekly. To submit information email awidmer@record-eagle.com ; fax (231) 946-8632; or mail to 120 W. Front St., P.O. Box 632, Traverse City, MI 49685-0632. Items should be received at least two weeks in advance. (Tue, 16 Sep 2008 13:40:40 GMT)

Aiken armed robber on the loose
Aiken Public Safety officers say a man stole cash and a car from the Cash Advance on Richland Avenue. (Tue, 16 Sep 2008 15:35:35 GMT)

Prepared remarks of Senator Barack Obama in Golden
Remarks of Senator Barack Obama—as prepared for delivery (Tue, 16 Sep 2008 16:32:00 GMT)

Advance tax numbers: dont read much
It's that time of the year when advance tax numbers come in and the analysts scurry to their spreadsheets to rework their earnings estimates. (Tue, 16 Sep 2008 20:29:26 GMT)

Morgan Stanley tries to restore 'sanity' to market
Morgan Stanley offered up some much-needed good news late Tuesday, reporting better-than-expected quarterly results a day in advance. (Tue, 16 Sep 2008 21:11:24 GMT)

Man hired to transport cash to be detained until trial
CEDAR RAPIDS --- A man who was hired to move bundles of cash from Waterloo to Arizona will remain behind bars until his trial. (Tue, 16 Sep 2008 22:35:13 GMT)

Goddard opposes raising payday loan rates
Attorney General Terry Goddard said he usually steers clear of publicly picking sides on a ballot measure, but he's changing course when it comes to a proposition pushed by payday lenders. (Tue, 16 Sep 2008 23:31:06 GMT)

Goddard decries payday loans; urges voters to reject Prop. 200
Attorney General Terry Goddard said Tuesday that payday loans need to be outlawed because most Arizonans who use them don't know when - or how - to stop. (Wed, 17 Sep 2008 01:38:36 GMT)

Rogers Schools To Get Cash Loan For November Payroll
ROGERS -- The Rogers School District will need an $8 million cash flow loan to make November payroll before property tax money comes into the coffers. (Wed, 17 Sep 2008 01:47:59 GMT)

Clegg vows to put 'cash in pockets'
Nick Clegg is making a direct appeal to credit crunch-hit voters, telling them only the Liberal Democrats will put cash back in their pockets through tax cuts to help make ends meet. (Wed, 17 Sep 2008 02:44:44 GMT)

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