Debt May Not Always Be Such a Bad Thing

BOSTON (TheStreet) -- Debt has become a four-letter word. Americans, shocked and shamed into a new frugality, are paying off credit cards and shunning new financing.

This well-intentioned trend may not be as prudent as it seems, says Morrison Creech, head of private banking and executive vice president for Wells Fargo Private Bank.

...

Click to view a price quote on WFC.

Click to research the Banking industry.

Similar bookmarks

Private Equity Group to Buy Del Monte feeds.thestreet.com
SAN FRANCISCO (TheStreet) -- Del Monte Foods has agreed to be acquired for $4 billion in cash by a group of private equity investors including Kohlberg Kravis Roberts.The purchasing group, which... See More
By admin posted about 1 year ago
Filings 0 | Comments 0 | Views 64
Global Stocks Feel Europe Debt Pressures feeds.thestreet.com
Updated from 3:43 a.m. ESTLONDON -- Stock markets and the euro were back under pressure Friday as investors fretted over a report suggesting Portugal's partners in the European Union were urging... See More
By admin posted about 1 year ago
Filings 0 | Comments 0 | Views 61
Stocks Set for Much Weaker Open feeds.thestreet.com
NEW YORK (TheStreet) -- Stock futures pointed to a much weaker open Friday as eurozone contagion fears heightened and markets focused on Portugal's sovereign debt situation.Futures for the Dow... See More
By admin posted about 1 year ago
Filings 0 | Comments 0 | Views 63

Comments

No comment at the moment.

Advertise
Here

most: recently added