If you want to follow the news about the investment banks and any new losses being reported just check one of three websites. 1 charges and the other two are more or less free.ft.com - Financial Timeswsj.com - Wall Street Journalnytimes.com - New York TimesCurrent financial news and good commentary as to the facts and meaning vs. the spin sometimes found in the more local press which is too far away from the investment banking business.

I also think everyone is just spinning their wheels here, and am just going to close the thread down.

The realtor is trying to drum up business and like the NAR frequently does is putting an extremely optimistic spin on things.

Why step right up, spin the wheel and pick a winner."

It was 3 years of wheel spinning while he increased his portfolio by about 5 million dollars and another $30,000 in monthly rental income but it was my own fault.

(no pun intended) I mean, would anyone be able to "spin" this dilemma as an advantage or even irrelevant?

Since the same article placed on multiple sites eventually makes all articles less valuable to search engines, many people now "spin" articles.

You can read between the lines with many posters as they spin answers off into their area of business or expertise suggesting you do something, like finding certain vendors, often you'll see them as being one of those vendors.

Spinning my wheels, networking with as many investors as possible, searching for the real deals, just basically putting in work and realizing it doesn't happen over night...For all the major players, the true investors: if you would please,enlighten me and all the newbies out there, what your typical day or week is spent doing...

Well I wish you would have posted here BEFORE closing them out.Length of credit history in good standing DOES affect your credit scores.If you have other credit that has a long history it shouldn't affect you that much.If however closing the 3 credit cards with 7 years of history you know only have a few credit lines with only 1 year or 2 of being open that is not great.In the end it shouldn't hurt you too much.When they made the new credit card rules last year or was it the year before credit card companies raised interest rates and annual fees from no fees.So what happened is the great credit people lost benefits because Obama wanted people with bad credit to not be taken advantage of.The credit companies simply restructured to make the same money.So A law passed that had good intentions but was misguided.The government believes when they pass a law people or companies will just take the loss but it never happens.So in the end these laws are just spinning wheels and not doing anything.I know many people who have closed their accounts once interest rates go up or annual fees are imposed.The downside is people want to maintain credit but some credit companies have been closing accounts if you don't use enough and they make a certain amount of interest off of you.It is getting rediculuos.