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Friday, August 01, 2008
This Weeks Articles:
DCS 2008 RECOMMENDED DRESS CODE
It's California you know, and we're thinking Black Tie and Flip Flops. You can wear your flip flops or sandals, or bring them for wearing later in the evening, or on the dance floor. It's a fun event, a time to remember, recognize, reward and give back. We hope to see you there!!!

For more information on the dress code go to
http://www.dcs2008.com/index.html

THE CREDIT CRISIS TURNS ONE
Happy birthday, credit crisis. It was a year ago August that the world began to suspect the economy was heading into something worse than a slump. Now as another August heaves into view, the credit crisis is a year bigger and -- like many 1-year-olds -- indiscriminate about where it makes its messes. The real concern is how much bigger it will get.
read more

DEBT CONNECTION SYMPOSIUM & EXPO® 2008 ROOM BLOCK ENDS AUGUST 9TH!
There are still rooms available for those attending or considering attending the Debt Connection Symposium & Expo® 2008. For reservations, call 800-228-9290 and mention Debt Connection Symposium and Expo® 2008 or DCS2008. The conference rate is $229 for Single or Double.

Reservations must be made on or before August 9, 2008 to guarantee group room rate, subject to availability.
(Rates outside our block will usually be higher. The hotel block is for registered DCS2008 attendees only.)

To reserve your room today please go to
http://cwp.marriott.com/sandt/dcs/.

For more information please go to http://www.dcs2008.com/

UNEMPLOYMENT RATE HITS 4-YEAR HIGH AS JOB LOSSES CONTINUE
Employers cut jobs in July for the seventh straight month, while the unemployment rate hit a four-year high, according to a government report released Friday.
read more

GM POSTS $15.5 BILLION LOSS
NEW YORK - General Motors reported a huge second-quarter net loss Friday of $15.5 billion, after restructuring and other charges, as the automaker's run of troubles continued.
read more

ACXIOM® ANNOUNCES FIRST QUARTER FISCAL 2009 RESULTS
LITTLE ROCK, Ark. - Acxiom® Corporation (Nasdaq: ACXM) today announced financial results for the first quarter of fiscal year 2009 ended June 30, 2008. Acxiom will hold a conference call at 4:30 p.m. CDT today to further discuss this information. Interested parties are invited to listen to the call, which will be broadcast via the Internet at www.acxiom.com.
read more

GMAC POSTS $2.5-BILLION LOSS IN 2ND QUARTER
NEW YORK - GMAC Financial Services says it swung to a steep second-quarter loss as slumping vehicle sales and a weak credit and consumer environment weighed on its results.
read more

FEDERAL TRADE COMMISSION CREATES INFORMATION LINE FOR CUSTOMERS SERVICED BY EXPRESS CONSOLIDATION, INC.
The Federal Trade Commission has created an information line for customers who purchased debt-consolidation services from Express Consolidation, Inc., Randall L. Leshin, and Debt Management Counseling Center (also known as Randall L. Leshin, P.A.).
read more

FORECLOSURES LINKED TO SUBPRIME FRAUD- REPORT
NEW YORK - Mortgage scammers took advantage of loopholes in New York State lending laws to defraud homeowners and lending institutions all over the state, according to a new report released Thursday.
read more

HIDDEN CREDIT CARD FEES ARE COSTING YOU
NEW YORK (CNNMoney.com) -- Swiping your credit card at the register may save you time, but it certainly won't save you money.
read more

MASTERCARD INCORPORATED REPORTS SECOND-QUARTER 2008 FINANCIAL RESULTS
Purchase, NY - MasterCard Incorporated (NYSE:MA) today announced financial results for the second quarter of 2008.
read more

VISA INC. REPORTS FISCAL THIRD QUARTER 2008 EARNINGS RESULTS
SAN FRANCISCO - Visa Inc. (NYSE: V) today announced financial results for the Company's fiscal third quarter ended June 30, 2008. GAAP net income for the quarter was $422 million, or $0.51 per diluted class A common share. GAAP diluted class A common shares outstanding were 776 million.
read more

BANK OF AMERICA ANNOUNCES INVESTMENT IN GREEN TECHNOLOGY
Innovative heating and cooling service technologies expected to reduce bank's energy costs and carbon footprint by 50% more than traditional service methods.
read more

DEBT CONNECTION SYMPOSIUM & EXPO® 2008 GOLF TOURNAMENT
There is still time for DCS 2008 attendees to sign up for the Debt Connection Symposium & Expo® 2008 Golf Tournament, planned for Tuesday afternoon, September 2, 2008 at the Riverwalk Golf Club.

San Diego's most convenient and centrally located golf course, Riverwalk Golf Club in Mission Valley promises a fun day of golf. Riverwalk Golf Club offers a classic golfing experience like no other. Steeped in a rich tradition of golf legends past, Riverwalk Golf Course entertained a myriad of golf's legends while hosting the PGA tour during the 50s and 60s. This San Diego golf course, formerly known as the Stardust Country Club, has been completely redesigned by Ted Robinson Sr. and son Ted Jr., who used more than half a million cubic yards of soil to turn the formerly flat golf course into 27 holes of undulating fairways, stunning waterfalls, and well-protected bentgrass greens.

The San Diego River is a prominent feature of Riverwalk's layout, contributing to the beauty and challenge of this San Diego golf course. Water comes into play on 13 of the 27 holes with a spectacular waterfall surrounding the green of the signature hole.

The price of $160 includes Greens Fee, Golf Cart, Range Balls and Box Lunch

Sign up today to play. For more information on the Golf Tournament please go to http://www.dcs2008.com/golf.html.

read more

CAR LEASING CHAOS: WHAT'S RIGHT FOR YOU
NEW YORK - With so many auto financing companies getting out of the leasing business, you might think they don't want you to lease anymore.
read more

DCS 2008 TO ONCE AGAIN PRESENT THE GREAT DEBATES
Quality presentations and experienced, knowledge speakers will once again highlight the Debt Connection Symposium and Expo 2008. Whether you are an industry veteran or exploring a new direction for your company or career, there will be something here for you, insight into an evolving challenge, a new strategy or tool, or a different take on a common issue.
read more

BUYER / SELLER 101 SEPTEMBER AND NOVEMBER 2008 CLASSES ARE AVAILABLE
Classes are available now for September 25 – 26, 2008 and November 13 – 14, 2008. Register today for your seat!

The Debt Marketplace, Inc. is committed to providing comprehensive industry resources for maximizing returns and controlling risk, announces that seats are open for its Buyer / Seller 101 course. This two-day class, targeting new market participants and those who are considering it for improving their overall results with debt buying and selling, reviews:

- Overview of the Industry
- Compliance
- Due Diligence
- Pricing
- Negotiations
- Collection Strategies
- Measuring Success
- Marketing Strategies

If you are a first time buyer or veteran, this class can benefit you! Starting with the basics, you develop skills under the insightful instruction of Dennis Hammond, a leader in the Debt Buying / Debt Selling industry.

About Us
Formed in 1994, The Debt Marketplace educates buyers and sellers on all aspects of marketing delinquent receivable portfolios. To help participants succeed in this evolving market, we provide buyers and sellers with expert resources for:

- Maximizing profit potential for all parties.
- Reducing business risk.
- Increasing understanding of market factors.
- Managing post sale issues.

The Debt Marketplace answers the industry's demand for an efficient, reliable and equitable method for portfolio marketing. Our firm focuses on thorough due diligence for all parties to achieve positive result prior to, and following, the transaction.

read more

BUSH SIGNS HOUSING RESCUE LAW
NEW YORK - President Bush on Wednesday signed into law a sweeping housing bill that aims to boost the struggling housing market and bolster mortgage finance giants Fannie Mae and Freddie Mac.
read more

WELLS FARGO CUSTOMERS IN 18 STATES AND GREATER SACRAMENTO ARE FIRST IN THE COUNTRY TO USE WELLS FARGO VSAFESM – PERSONAL ONLINE SAFE
Safeguarding and organizing copies of important documents has just gotten easier for Wells Fargo & Company (NYSE: WFC) customers in 18 states – Arizona, Idaho, Illinois, Indiana, Iowa, Michigan, Minnesota, Montana, Nebraska, Nevada, New Mexico, North Dakota, Ohio, South Dakota, Texas, Utah, Wisconsin, Wyoming – and the Greater Sacramento area. Now with the new Wells Fargo vSafe service, customers can protect and easily access electronic copies of financial, legal and personal files, such as loan and tax documents, wills, passports, medical records, photographs and more, in a safe online location.
read more

GE MONEY AND BROOKS BROTHERS EXTEND SUCCESSFUL, LONG-TERM CREDIT CARD PROGRAM PARTNERSHIP
STAMFORD, Conn. - GE Money, the consumer lending unit of General Electric Company (NYSE:GE), today announced a multi-year renewal of the Brooks Brothers private label card and Dual Card credit programs for the company's 209 stores located throughout the United States and on its web site.
read more

PORTFOLIO RECOVERY ASSOCIATES REPORTS SECOND QUARTER 2008 RESULTS
NORFOLK, VA - Portfolio Recovery Associates, Inc. (NASDAQ: PRAA), a company that purchases, collects and manages portfolios of defaulted consumer receivables and provides a broad range of accounts receivable management services, today reported net income of $11.4 million, or $0.75 per diluted share, for the quarter ended June 30, 2008.
read more

CREDIT CARD GRIPES FLOOD FED
Consumers are filing a record number of comments - mostly complaints - about credit cards with the Federal Reserve, adding momentum to efforts to reform the industry.
read more

MORE FORECLOSURE GLOOM
As foreclosures continue to soar, 220,000 homes were lost to bank repossessions in the second quarter, according to a housing market report Friday issued by RealtyTrac.
read more

BANK OF AMERICA, CITI, JPMORGAN CHASE AND WELLS FARGO & COMPANY ANNOUNCE SUPPORT FOR COVERED BOND STATEMENTS FROM FDIC AND U.S. TREASURY DEPARTMENT
In a joint statement today, Bank of America, Citi, JPMorgan Chase and Wells Fargo announced their support for two recent regulatory efforts taken to promote the development of a U.S. covered bond market.
read more

ONTARIO SYSTEMS INTEGRATES IP-BASED TELEPHONY PLATFORM
Ontario Systems has fully integrated Guaranteed Contacts IP, the market-leading VoIP telephony platform, into its collection applications.
read more

DebtConnection.com is a searchable database of collection products and services.
The following Updates and New Entries occured since the last At A Glance was sent:
Portfolios For Sale
$2,179,832.00     Consumer Loans
Argonaut Financial, LLC
http://www.debtconnection.com/portfolio.asp?575  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?1826  

$323,909.00     Checks
MATTIA & ASSOCIATES
http://www.debtconnection.com/portfolio.asp?573  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2999  

$169,195.00     Consumer Loans
MATTIA & ASSOCIATES
http://www.debtconnection.com/portfolio.asp?572  
More information about this company can be found here:
http://www.debtconnection.com/moreinfo.asp?2999  

Agency
PEAK CREDIT SERVICES, LLC
877-586-1477

CRSI
866-502-2774

Attorney
FREDERICK J. HANNA & ASSOCIATES, P.C.
770-988-9055

Debt Buyers
THE JUDGMENT GROUP
Susan Wilson
410-643-3310
More Information

CUMMINGS, MLCOREY, DAVIS & ACHO
734-261-2400

PEAK CREDIT SERVICES, LLC
877-586-1477

CAROUSEL & ASSOCIATES, LLC
716-909-4386

RELIANCE DEBT RELIEF
386-585-3226

BOULDER CREDIT SERVICES
248-434-5114

Debt Sellers
WORLDWIDE DEBT EXCHANGE
Mandy L. Silva
866-332-8648
More Information

Legal Networks/Services
CRSI
866-502-2774

Industry Events
2008 COHEAO Mid-Year Conference
COHEAO
Westin Tabor Center
Denver, CO
August 2 - 5, 2008
More Information

Consumer Lending Institute
The Independent Community Bankers of America
Embassy Suites Hotel Bloomington
Minneapolis, MN
August 3 - 6, 2008
More Information

10th Annual Conference - Blazing New Trails
African-American Credit Union Coalition
Hyatt Regency Hotel
Houston, TX
August 6 - 10, 2008
More Information

THE PRIVACY SYMPOSIUM - SUMMER 2008: PRIVACY IN TRANSITION
THE PRIVACY SYMPOSIUM
Charles Hotel Harvard University
Cambridge, MA
August 18 - 21, 2008
More Information

Advertisement
This report is sponsored by The Debt Marketplace. Our firm specializes in assisting buyers and sellers in all aspects of the transaction process, including...
  • Marketing your portfolio.
  • Due Diligence for Buyers and Sellers.
  • Evaluating the viability of a sale.
  • Addressing pricing, contract and negotiation considerations.
  • Attaining the most efficient transition possible, while minimizing post-sale issues.
Our consulting projects are customized to provide the level of involvement and information that best meets our clients' needs.
Check us out at: http://www.debtmarketplace.com/

Copyright 2001 - 2008 THE DEBT MARKETPLACE, INC. 562-903-7220
THE DEBT MARKETPLACE, INC., 10440 Pioneer Blvd., Suite 2, Santa Fe Springs, CA 90670-8235

At A Glance reports can be expected weekly or biweekly, depending on quantity of news and information to report. You may send this report, in its entirety, to others who may have interest.
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At A Glance Archive 2007 20062005
At A Glance - Wednesday, August 27, 2008
At A Glance - Friday, August 22, 2008
At A Glance - Wednesday, August 20, 2008
At A Glance - Friday, August 15, 2008
At A Glance - Wednesday, August 13, 2008
At A Glance - Friday, August 08, 2008
At A Glance - Wednesday, August 06, 2008
At A Glance - Friday, August 01, 2008
At A Glance - Wednesday, July 30, 2008
At A Glance - Friday, July 25, 2008
At A Glance - Wednesday, July 23, 2008
At A Glance - Friday, July 18, 2008
At A Glance - Wednesday, July 16, 2008
At A Glance - Friday, July 11, 2008
At A Glance - Wednesday, July 09, 2008
At A Glance - Wednesday, July 02, 2008
At A Glance - Friday, June 27, 2008
At A Glance - Wednesday, June 25, 2008
At A Glance - Friday, June 20, 2008
At A Glance - Wednesday, June 18, 2008
At A Glance - Friday, June 13, 2008
At A Glance - Wednesday, June 11, 2008
At A Glance - Friday, June 06, 2008
At A Glance - Wednesday, June 04, 2008
At A Glance - Friday, May 30, 2008
At A Glance - Wednesday, May 28, 2008
At A Glance - Friday, May 23, 2008
At A Glance - Wednesday, May 21, 2008
At A Glance - Friday, May 16, 2008
At A Glance - Wednesday, May 14, 2008
At A Glance - Friday, May 09, 2008
At A Glance - Wednesday, May 07, 2008
At A Glance - Friday, May 02, 2008
At A Glance - Wednesday, April 30, 2008
At A Glance - Friday, April 25, 2008
At A Glance - Wednesday, April 23, 2008
At A Glance - Friday, April 18, 2008
At A Glance - Wednesday, April 16, 2008
At A Glance - Friday, April 11, 2008
At A Glance - Wednesday, April 09, 2008
At A Glance - Friday, April 04, 2008
At A Glance - Wednesday, April 02, 2008
At A Glance - Friday, March 28, 2008
At A Glance - Wednesday, March 26, 2008
At A Glance - Friday, March 21, 2008
At A Glance - Wednesday, March 19, 2008
At A Glance - Friday, March 14, 2008
At A Glance - Wednesday, March 12, 2008
At A Glance - Friday, March 07, 2008
At A Glance - Wednesday, March 05, 2008
At A Glance - Friday, February 29, 2008
At A Glance - Wednesday, February 27, 2008
At A Glance - Friday, February 22, 2008
At A Glance - Wednesday, February 20, 2008
At A Glance - Friday, February 15, 2008
At A Glance - Wednesday, February 13, 2008
At A Glance - Friday, February 08, 2008
At A Glance - Wednesday, February 06, 2008
At A Glance - Wednesday, January 30, 2008
At A Glance - Friday, January 25, 2008
At A Glance - Tuesday, January 22, 2008
At A Glance - Friday, January 18, 2008
At A Glance - Wednesday, January 16, 2008
At A Glance - Friday, January 11, 2008
At A Glance - Wednesday, January 09, 2008

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