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U.S. says people need financial ed

Andrew S. Garib, METRO New York | Link | Lower Manhattan. In an atmosphere of job losses and a souring economy, the U.S. Department of Labor held its annual conference promoting financial literacy yesterday. But one panelist said much of America’s recent economic woes could have been avoided with a little financial know-how.

“We don’t think the whole mortgage crisis would exist if everybody learned financial planning,” Thelma Thompson, the president of the University of Maryland Eastern Shore said yesterday at the conference promoting Wi$eUp, a free financial literacy curriculum. End.


 

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Created: 05.12.04 | Last Updated: 10.03.03 | RSS | Under Creative Commons Licence | About Whis Website