Finance Questions

Archive for July, 2007

Question: How many of these crooks will go free as the market tumbles?

(R) Chris Cox; Chair–Securities and Exchange Commission (SEC)
(R) Henry Paulson; Secretary of the Treasury
(D) Barney Frank; Chair–House Finance Committee
(D) Chris Dodd; Chair–Senate Banking Committee
(D) Richard Syron; CEO–Freddie Mac.
(D) Frank Raines; CEO–Fanny Mae
(D) Kerry Killinger; CEO–Washington Mutual
(D) Maurice Greenberg; CEO–AIG
(D) Richard Fuld Jr. CEO–Leman Brother

How low will the stock market go and how many of these crooks will get off?

http://news.yahoo.com/s/ap/20081010/ap_on_bi_ge/world_markets

Answer: they are in the good ole party they have the control they are untouchable, the only way to get them out is impeachment and they will not do that to themselves

Financials to Watch: Lehman Brothers, Washington Mutual, Merrill Lynch

Question: Does Congress have the testicles necessary to save the auto industry?

I’m thinking not. I also think that they need to consider the cost to suppliers and financial markets if they fail to act, and bankruptcy is forced on GM and Chrysler. If we are going to burn money, it seems like it’s more important to give these companies a shot than burning it in Iraq or in Finance Companies that are still not doing what they were supposed to under the bailout package.

Answer: If they don’t, and the companies fail, Congress will have shown itself to be as craven and idiotic and self-destructive as the Congress of Hoover’s day.

Chrysler Financial Getting $1.5 Billion Loan from Treasury

Question: Is it possible to exchange a vehicle which is currently on finance for another can with finance?

I have an Audi A4 2.0 TDI which i purchased on a finance package. Can i part exchange the audi and take a new finance deal with the car of my choice…? can i swap finance deals?

Answer: you never can swap. The existing one gets added to the new one.

The New Vauxhall Meriva 2010 – Prelaunch Embrace

Question: Should I save and buy the car cash or Finance/Lease it?

I can pay the car off ($20,000) in half a year, at most, 1 year. Or should I just save and buy it cash (in the same time frame)?

I’m 18. No credit. Secure Job. Make more then enough. Don’t have bills and the only thing i own is a 03 Galant.

Any advice, ect would be appreciated.

Would a dealership even finance me?
I’m want a certified pre-owner 06 luxury car.

Answer: You would probably have to put down a large chunk of cash to finance it since you are young, and don’t have a co signer they will probably hit you with a high interest rate and it will take you longer than expected to pay it off.

The best bet is to just wait and to pay it with cash so you don’t have to pay any interest rate.

Tax Deduction Tips & Advice : How to Use Car Lease Payments as a Tax Deduction

Question: what job category is sales associate under?

like if i wanted to work at a place like target doing whatever there was to do….

accounting and financing
administration and office support
agriculture and environment
computers and technology
construction
costumer service and call center
education
food and restaurant
government and military
healthcare
hotel and hospitality
installation and repair
law enforcement and security
legal
maintenance and janitorial
management
media and entertainment
no industry experience
personal care and services
retail
sales and marketing
social services
transportation
warehouse and production
work at home
other

i know some of these dont make sense but they were an option so i put them there anyway.
cool thanks

Answer: Retail

New York Financial Advisor Bradford Pine