The Allstate Corporation Bank of America The Coca Cola Company Citigroup Fannie Mae Freddie Mac Ford Motor Company General Motors Corporation MBNA Corporation PepsiCo Foundation The PMI Group, Inc. State Farm Insurance Companies UPS Univision Wal Mart Stores, Inc. Chevron Corporation Lockheed Martin Lucent Technologies Foundation Marathon Oil Corporation Rockwell Automation State Farm Insurance Companies Toyota Motor Corporation Verizon Communications, Inc. The Allstate Corporation Chase Home Finance Countrywide Home Loans, Inc. Eli Lilly and Company Metropolitan Life Novo Nordisk Ogilvy Public Relations Worldwide Pfizer Global Pharmaceuticals PepsiCo Foundation American Express Company The Home Depot, Inc. Exxon Mobil Corporation GEICO Marriott International, Inc. No, because it is not at all clear. Fed want to get this mess cleaned up and behind them so that they can return to a "normal" economy. But yes, it affects you in several ways: 1. It means that getting a loan is harder, which may mean impossible and may mean just much more expensive. And if it doesnt, that is going to have serious long term repercussions around the world. As for your other questions: A. The stocks of other companies that you bought through Merrill Lynch, etc. But this is only if theyve played it straight and havent fiddle the books. The big difference between Bank of America, Citigroup, etc. Lehman Brothers were investment banks. They got their money by borrowing it from other banks rather than from deposits, etc. In those days, investment banks, retail banks, and commercial banks were restricted in what they could do. Investment banks were the least regulated because, so the excuse went, they dealt only with other professionals, etc. After deregulation, the boundaries were blurred and most banks could do most sorts of things.

CitiBank was getting it from ordinary companies and a few small retail opertions; while Lehman Brothers was still using its own money and money it had borrowed. Im sorry, but the information you have gotten so far here is really innacurate. Numbers are simple and they dont lie. First of all, I am a mortgage planner with Chase.

Though I am well trained, I am not a financial planner or a CPA so please double check with a licensed expert to verify what I say here.

You mentioned that its a line of credit, so im going to assume that its a Home Equity Line of Credit. If this is the case, you more than likely get a tax benefit from the interest you pay on it. 2112 on that line of credit.

These facts alone are a good reason not to payoff your line of credit. 10,000 a year to put into retirement. Im going to use a more conservative number. 10,000 to pay down debt, it has to be taxed first. 7500 a year to pay down your credit line. 33 years to pay the account in full. 775 a month that you were paying over the 5 year period to begin applying towards your 401k.

10,000 a year before you taxing it and invested in your 401k and continued to make the minimum payment on your line of credit over the 5 year period. 50,000 in your 401k in 5 years. Lets look at what happens five years after this. 774 a month since you dont have to pay on that loan anymore. 12,384 you can begin to contribute to your 401k. 61,920 you paid to get there. 10,000 a year for the next 5 years to your 401k.

40,000 you still owe on the credit line. Compare this scenario with the scenario where you payoff your debt. Money Behind La Raza he National Council of La Raza, the nations largest and most influential Hispanic chauvinist organization, receives financial backing from some of Americas largest banks and corporations. 41 states that works to shape American government and society to suit its own ideological and cultural interests. Mexico, help countries like Mexico achieve demographic and political leverage in domestic American affairs. Here is a partial list of La Razas corporate financiers.

The Allstate Corporation Bank of America The Coca Cola Company Citigroup Fannie Mae Freddie Mac Ford Motor Company General Motors Corporation MBNA Corporation PepsiCo Foundation The PMI Group, Inc. State Farm Insurance Companies UPS Univision Wal Mart Stores, Inc. Chevron Corporation Lockheed Martin Lucent Technologies Foundation Marathon Oil Corporation Rockwell Automation State Farm Insurance Companies Toyota Motor Corporation Verizon Communications, Inc. The Allstate Corporation Chase Home Finance Countrywide Home Loans, Inc. Eli Lilly and Company Metropolitan Life Novo Nordisk Ogilvy Public Relations Worldwide Pfizer Global Pharmaceuticals PepsiCo Foundation American Express Company The Home Depot, Inc. Exxon Mobil Corporation GEICO Marriott International, Inc.