Stocks Only the Government Could Love - MSN MoneyCentral: While we were all arguing about -- and distracted by -- the government's $700 billion-plus bailout bill, another industry was getting its own handout. General Motors (NYSE: GM), Ford (NYSE: F), and Chrysler's $25 billion low-interest loan from the ...
Site Presented By - Salon: Two weeks ago, the Hong Kong newspaper Ming Pao Daily reported China's government had expressed interest in purchasing "at least" $200 billion worth of new U.S. Treasuries, to be issued soon by Hank Paulson and Co. in order to pay for the ballooning ...
Desperate and Distressed - Washington Post: Resize Clearly, as money gets tight, some people are losing their minds. Why else would you torch your car rather than allow it to be repossessed? What's the worst that can happen with repossession? You end up with a bad credit history. That hardly ...
State to assist Va. banks in loan restructuring - Inrich.com: The Virginia Small Business Financing Authority is prepared to assist banks that restructure existing loans to qualifying businesses in an effort to preserve Virginia jobs. Gov. Timothy M. Kaine, who announced the program this afternoon in response ...
Payday loan campaign a shameful exercise in direct democracy - Arizona Daily Sun: It's not uncommon for an industry to wrap itself in the mantle of reform to try to convince voters it is on their side. But Prop. 200 is a particularly brazen case. Lobbyists for the payday loan industry couldn't convince the Legislature to allow ...
Fresh blow for homeowners as Lloyds becomes latest bank to INCREASE ... - Daily Mail: Lloyds TSB is to increase the cost of its tracker mortgages in a fresh blow for Britain's homeowners, it has been revealed. Lloyds will raise the cost of its mortgages that follow the Bank of England''s base rate by between 0.3 per cent and 0.5 per ...
GM: We'll find you a loan, but maybe not ours - CNN Money: DETROIT (AP) -- With October auto sales expected to fall short of September's 15-year low General Motors. is launching a campaign this week to reach people who have stopped looking for cars out of fear that they can't get a loan. Many banks and ...
EU Eyes Automaker, Industry Loans as Crisis Festers (Update4) - Bloomberg: Oct. 16 (Bloomberg) -- European Union leaders pledged to step up lending to industry, dropping the first hints that they may be forced to stimulate the economy as the banking crisis threatens a continent-wide recession. EU governments will look at ...
Peer-to-peer lending: Weighing benefits, risks - Atlanta Journal Constitution: NEW YORK — When Todd Taylor wanted to borrow $10,000 to pay off his credit card debt, the 32-year-old Detroit resident went to his bank and was told he qualified for a 12.9 percent interest rate. But that didn’t sound like a good deal. Instead ...
Credit Markets Improve, but Interest Rates Still High - FOX News: NEW YORK — Corners of the credit markets are slowly loosening after the government pledged to buy stakes in private banks, but there's still congestion — and investors are also noticing some adverse, unintended consequences from the rescue ...

Fitch Affirms MLMT 2007-C1; Assigns Outlooks - Forbes: Fitch Ratings has affirmed all classes of notes for MLMT Commercial Mortgage Trust 2007-C1 and has assigned Rating Outlook as outlined below: --$48.8 million class A-1 at 'AAA'; Outlook Stable; --$298.9 million class A-2 at 'AAA'; Outlook Stable ...
Nigeria: Global Financial Meltdown - Country Panics - AllAfrica.com: The market fundamentals of the Nigerian capital market are strong with many quoted companies still posting mouthwatering profits. However, Lucky Fiakpa, Adekunle Adekoya, Hector Igbikiowubo, Babajide Komolafe report that the external shocks of the ...
Mortgage Crisis warning came more than 5 years ago - Economic Times: More than five years ago, in April 2003, the attorneys general of two small states traveled to Washington with a stern warning for the nation's top bank regulator. Sitting in the spacious Office of the Comptroller of the Currency, with its panoramic ...
Nigeria: Financial Crisis - EU Leaders Guarantee Interbank Loans - AllAfrica.com: European leaders, yesterday, agreed to guaranty interbank loans across the euro zone countries. French President and current President of the European Union, Mr Nicholas Sarkozy, annouced this at a press conference at the end of an emergency meeting ...
Michael Sharp from Victoria, Canada writes: - Globe and Mail: mynalee johnstone from saltspring island, Canada writes: I have been very impressed with the Bloc during this election. Duceppe was very strong in the debates. They were the only party to present a bill to label Ge foods. Unfortunately there is no ...
Johnny Depp's Pied-a-Terre Won't Save Paris From Property Slump - Bloomberg: Oct. 13 (Bloomberg) -- Faycal Fouad, a real estate agent at Century 21 Chaumont in Paris, says the global credit shortage has finally wound its way to his doorstep. ``Clients are seeing loan applications refused by banks,'' said Fouad, who sells ...
'Piggybacking' Your Way to Better Credit? - ABC News: Kurt wanted to buy a home for his wife and two children -- and he wanted to do it through a mortgage he could afford. But the 44-year-old Chicago man had spent time in prison on drug charges and hadn't been able to build up a credit history. Is ...
Philippine tycoon says plans to buy AIG unit - Reuters: MANILA, Oct 13 (Reuters) - Henry Sy, one of the richest men in the Philippines, is planning a bid to buy the Philippine unit of American International Group (AIG.N: Quote , Profile , Research , Stock Buzz ) (AIG) along with a foreign partner, his ...
Northern Rock customers fail to benefit from interest rate cut - Times Online: Northern Rock has become the first major bank to announce that it will not pass on last week's base rate cut to homeowners on a variable rate deal. The nationalised lender confirmed this morning that it was reducing its standard variable rate (SVR ...
Is this the death of easy credit? - Gainesville Sun: An inflatable gorilla beckoned from the roof of Don Brown Chevrolet in St. Louis, servers doled out free bowls of pasta and a salesman urged potential customers to “come on up under the canopy and put your hands on” a new set of wheels. But ...

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