Report: Former ADP CEO arrested before retirement
November 15, 2011 by Jackson Beirne · Leave a Comment
The Wall Street Journal is reporting that former ADP CEO Gary Butler was arrested on a criminal domestic violence charge a few days before the payroll processor announced his retirement earlier this month.
Butler and ADP did not immediately return calls from The Associated Press seeking comment.
Automatic Data Processing Inc. said Nov. 9 that the 65-year-old executive had retired after 37 years with the company. The Roseland, N.J., company named President and Chief Operating Officer Carlos A. Rodriquez to replace him under a succession plan that had been established by its board.
The Journal says ADP said Thursday that Butler chose to resign for personal reasons.
The newspaper reports that Butler was arrested Nov.
Debt Management “Scams”
November 12, 2011 by Alexandra Kerr · Leave a Comment
Like millions of people, I have more debt than I can handle. While I was scraping by with timely payments, my loss of income in the last three months set me back by, well, three months. As a freelance writer, I managed to secure a new client, but not before I started getting the dreaded collection calls. In my desperation, I looked into one of those credit counseling companies. Big mistake.
The company I signed up with was a private organization. In exchange for a fee, they promised that my debts could be settled at a lower amount. In fact, my savings were to be around $5,000. The person I spoke to was courteous and seemed dedicated. Unfortunately, that’s a talent you need if you want to screw people over for a living.
To be fair, the program wasn’t a “scam” in the literal sense.
Libor rises to level last seen in mid-2009
November 10, 2011 by Annabelle Rowan · Leave a Comment
The key measure of financial stress in the British banking system has hit its highest level for more than two years.
The three-month London Inter-Bank Offered Rate (Libor) – the interest rate that reflects banks’ willingness to lend to each other – reached 1% for the first time since July 2009 on Wednesday. It means that banks are now charging each other almost twice as much as the Bank of England’s base rate of 0.5% to borrow money. In normal conditions, the gap between base rate and Libor is typically 0.15-0.2%; the rise to 0.5% indicates growing alarm about the safety of the financial system.
The bad news for consumers is that Libor is one of the key elements in mortgage pricing, and a sustained rise in Libor soon feeds through to higher mortgage rates. Ray
A Quick Guide for Starting a Doggie Daycare Business
November 10, 2011 by Jackson Beirne · Leave a Comment
If you have an interest in pet care and would like to start a business of your own, you may want to think about opening your own doggie daycare. Doggie daycares are becoming increasingly popularand with the growing demand for this type of service, it can be a very rewarding one to get into. Here are the steps you need to take as well as some important things to consider if you think this might be the right business for you.
In order to operate a doggie daycare business, you must be a dog-lover and possess certain personality traits that are suitable for pet-care. Patience, kindness, and confidence are important characteristics for a person to have when dealing with different doggie personalitiesif this doesn’t sound like you, it might not be the right business to get into.
In addition to a passion for animals and their care, it helps if you have some previous animal care experience. P
Use your own skills to consolidate your debts and live debt free
November 9, 2011 by Admin · Leave a Comment
With a little bit of financial education and planning, it is easily possible to repay your debts on your own and live a debt free life. But how many among us take the extra effort to do this? Well, practically the number is almost 0. Most of us are ready to pay debt counselors with the extra money but are not ready to take the required steps on our own that can help us save dollars. The question is why will you pay professional debt consolidation firms for a service that can be done on your own? Isn’t this just wastage of your dollars? If you realize this situation, you must try your best to repay your debts on your own by taking a few strict steps. R Read more…