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American General Finance

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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 ...

Michael Bradfield, lawyer and key aide to Paul Volcker, dies at 83

Michael Bradfield, an international lawyer who helped bring the U.S. dollar off the gold standard, curtailed the lending practices of big banks following the 2008 financial crisis, and restored to their descendants the Swiss bank accounts of Jews who perished in the Holocaust, died July 26 at a hospital in New York City. He was 83.

The cause was acute leukemia, said a son, Andrew Bradfield.

Bradfield held several high posts in federal agencies — including general counsel to the Federal Reserve Board and the Federal Deposit Insurance Corp. — and he was a partner in private law firms, including Jones Day as well as Cole, Corette & Bradfield. He was widely known in the upper echelons of law and finance, but he did most of his work out of the public spotlight.

In government service and the private sector, Bradfield was an official and unofficial protege of Paul Volcker, a top U.S. economist who was chairman of the Federal Reserve Board from 1979 to 1987.

Blockchain tokens may be the future of finance — if regulators allow it

When Stewart Dennis was looking to raise a new round of equity financing for his company BitBounce this year, he found himself in what many entrepreneurs would call an enviable position.

He was meeting with Sequoia Capital and other top-tier venture capital firms, and a prior investor, the billionaire Tim Draper, had already agreed to take part.

Then he met Arthur and Kathleen Breitman, the creators of Tezos, a new blockchain network that recently raised a staggering $232 million ahead of its upcoming launch. They got to talking, and a new option presented itself.

On July 26, when Dennis began raising funds for his cryptocurrency-powered solution to email spam, he bypassed Silicon Valley — except for Draper — and turned instead to the crowdfunding method Tezos used: an initial coin offering. His goal is to raise $20 million by selling blockchain tokens over the internet to an untold number of investors.

Crazy as that sounds, he isn't the only entrepreneur cherishing such hopes. Dozens of so-called ICOs have been completed already this year, and dozens more are on the horizon.

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.