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« March 31, 2007 | Main | April 2, 2007 »

April 01, 2007

KKR In Talks to Buy First Data Corp.

Tags » First Data Corp., Processors

Dennis K. Berman, Valerie Bauerlein and Robin Sidel report for the Wall St. Journal that Kohlberg Kravis Roberts & Co. is in talks to acquire First Data Corp. Reuters reported this evening that KKR was set to offer $34 per share for FDC - more than a 26% premium compared to FDC's Friday closing stock price. Andrew Ross Sorkin and Michael J. De La Merced report for the New York Times that the deal is expected to be announced tomorrow morning.

Credit Card Advice from James Scurlock - Author of Maxed Out

Tags » Consumer Debt, Credit Card Debt Counseling, Credit Cards

Last Thursday, the Washington Post's Personal Finance columnist Michelle Singletary had an online chat with her readers and James Scurlock, author of "Maxed Out: Hard Times, Easy Credit and the Era of Predatory Lenders" and the feature length documentary movie "Maxed Out".

Become Your Own Bank - Another Look at Prosper.com

Tags » p2p - Person to Person Lending, Prosper

Personal finance columnist Eileen Ambrose writes for the Baltimore Sun about Prosper.com - saying that "with people becoming their own publisher by blogging, or creating their own videos and political commercials on YouTube, it was just a matter of time before they became their own banks."

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