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Nov 11, 2008
If You’ve Got it, Lend It!

If You’ve Got it, Lend It!

Hoping to thaw the credit freeze that has chilled the economy, the Bush administration sent banks an unmistakable message to put aside fears and open up loan windows for cash-starved businesses and consumers who have pulled back on spending. “What..

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Nov 11, 2008
Banks Still Lending Money

Banks Still Lending Money

Morganton – Some banks have failed, some are buying others and the federal government has bailed out some financial institutions. The Treasury Department and Federal Reserve late Sunday agreed to back $306 billion of Citigroup Inc. assets and invest $20..

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Nov 11, 2008
Taxes Headed Skyward

Taxes Headed Skyward

Sen. Barack Obama has said he’ll raise the tax rate on capital gains and qualified dividends to 20% for taxpayers with an adjusted gross income of $250,000 or more ($200,000 for single filers), ….For those in the higher tax brackets,..

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Nov 11, 2008
SBA-Backed Loans Dry Up, But We Know Who Still Has Money To Loan

SBA-Backed Loans Dry Up, But We Know Who Still Has Money To Loan

WSJ excerpt: When entrepreneurs can’t get conventional loans, they traditionally turn to loans backed by the Small Business Administration. But in recent months — as many banks turned away businesses and slashed credit lines — SBA lending also has dried..

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Oct 10, 2008
Associate Pay Outpaces Inflation

Associate Pay Outpaces Inflation

According to a recent article at www.dvm360.com, Associate wages outpaced inflation between 2005 to 2007.  Associates in California saw the greatest increases in annual salries and hourly wages. The median hourly wage for these doctors in 2007 was $65.39, almost..

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