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The American General Financial Corp. has made loans to individuals and corporations since the 1920s, and they are a great option for getting car ...

Koch brothers key to funding assault on campaign finance regulation

This story was originally published by The Center for Public Integrity , a nonprofit, nonpartisan investigative news organization in Washington, D.C.

WASHINGTON — Billionaire industrialists Charles and David Koch are well-known for pumping tens of millions of dollars into so-called dark money nonprofits — groups that actively promote or criticize candidates for office but are not required to reveal their donors.

Not so well known is the duo's role in underwriting and sculpting the legal landscape that led to the court decisions that made possible these and other groups such as super PACs.

The Center for Public Integrity investigated an array of organizations that have participated in legal challenges dating back 40 years that have resulted in a system allowing unlimited sums to be pumped into modern elections. It's a system that both Republicans and Democrats now fully rely upon ahead of 2018 midterm elections that could reaffirm — or torpedo — President Donald Trump's congressional majority.

Why GE shares could be a value trap for years to come

McKinney said he'll continue to watch GE for a re-entry point, but thinks that could be a few years away.

"Even on the lowered earnings guidance, it's still not terribly cheap," he said. "Turning around GE is going to be like turning around a massive ship. If they're successful at it, they could be another Microsoft . If that's going to be a multi-year turnaround, there's absolutely no reason to be the first ones in."

Indeed, GE cut its guidance to $1 to $1.07 a share from the $1.60 to $1.70 the company had indicated following its second-quarter earnings release. Though it lowered the bar, the company still faces a share price that looks at least fully valued and probably a little overvalued even by standard metrics.

Even after another share plunge Tuesday, the stock still traded at nearly 21 times earnings. That's above the S&P 500 's 18.4 times P/E and just ahead of the 19.3 P/E that the industrial sector is carrying.

Investors now also have to factor in that dividend cut , which will see the quarterly payout slashed in half to 12 cents a share. The dividend yield will still be considerably above its peers.

Does American General Finance help to rebuild bad credit?

I have really bad credit from the past, but I am now paying off my old debt and trying to start new and build up my credit. A coworker told me that American General Finance can help me to rebuild my credit. Is this true?


i am currently paying off a loan from american general. this business is not really to build up your credit. it is a loan company. the best way to build up credit is to get a secure credit card through your bank.

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