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Repo Auto Auction

    << First quarter financial measures compared to the same period a year ago: – Earnings per share (diluted) of $1.07 compared to $0.91 – Net income of $1,174 million, versus $988 million – Return on equity of 18.7%, compared to 17.4% – Productivity ratio of 54.5%, versus 50.5% – Quarterly dividend increased to [...]

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    I had a car repossessed by Chase in Sept of ’08. It sold at auction for 6,000 less than it was worth. On my credit reports it shows that I owe chase nothing, only that it was a repo and charged off. They didn’t sue me either. I haven’t had anyone contact me [...]

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Mumbai: Even as banks raise deposit rates, short-term money became more expensive over last week with corporations trying to beat the base rate system. They are instead opting to borrow through commercial papers (CPs). Yields on three-month CPs moved to 7.29%, up from 7.12% the previous week. The one-year CP rate too was higher at [...]

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August 11, 2010, 12:00 pm The Public Debt Department of the Central Bank reissued maturing Treasury bills amounting to Rs. 11 billion yesterday for which commercial bank bids amounted to Rs. 29.5 billion of which Rs. 12.2 billion was accepted. “The banking system continues to be highly liquid with excess rupee positions amounting to Rs. [...]

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A friend of mine informed me of an auto auction she heard of taking place sometime in the near future at 13th st. and camelback. The premise of the auction was to be repossessed cars and their remaining payments – There will be a lot with a wide variety of repo cars with payments written [...]

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