Deleveraging Must Continue Wall Street Journal - Nov 19, 2008 Japan resumed its growth only after it tackled its bad loan crisis head-on. A swift correction of balance sheets may have painful effects for financial ...
Aid for the Automakers? You Decide! Seeking Alpha, NY - 12 hours ago If the union disagrees, let it pledge its pension money as collateral, and let Wagoner pledge his personal wealth as collateral for a loan. ...
GM, Ford and Chrysler: Market Expects Bankruptcy istockAnalyst.com (press release), OR - Nov 19, 2008 Bluntly put, there is no saving a company that has lost money for 10 years straight thru good economic times and bad. This monster NEEDS to die. ...
Lenders 'tighten rules' on cards and loans London Stock Exchange, UK - Nov 18, 2008 Minimum salary clauses are also now used by providers of 75 per cent of personal loans - up from 68 per cent six months ago. Sean Gardner, director of ...
Finger-pointing begins as Senate nixes auto vote IdahoStatesman.com, ID - 12 hours ago Senate Majority Leader Harry Reid, D-Nev., scrapped plans Wednesday for a vote on a bill to carve $25 billion in new auto industry loans out of the $700 ...
Mortgage reform? Not really Stockton Record, CA - Nov 19, 2008 Now we have so-called major reform, when lending standards are so high and credit so tight it's hard to close on a loan anyway. OK, so I guess now is better ...
Competitive Dynamics in the UK Personal Loan Market 2008 - www ... Live-PR.com (Pressemitteilung), Austria - Nov 19, 2008 Moreover, the advent of the credit crunch has led to fewer players in this sector and to significant increases in personal loan interest rates, ...
HSBC takes axe to 500 Asia-based jobs Times Online, UK - Nov 18, 2008 The bank, which has set aside $42.3 billion for bad loans since the start of 2006, is cutting jobs in areas spanning commercial and personal banking. ...
Citi shares sink despite Saudi prince's investment WOKV, FL - 3 hours ago "And the question Wall Street is asking is, is this good money after bad?" The stock plunge also raised the question of whether Citi will have to go begging ...
Ford CEO Alan Mulally's prepared testimony Detroit Free Press, United States - Nov 18, 2008 In addition, it is important that the FDIC approve Ford Credits industrial loan bank application as another way for us to be able to offer automobile ...
Fear & foreclosure in Las Vegas Business Mirror, Philippines - Nov 18, 2008 The last straw buyer, his name on the loan, faced default notices, foreclosure, ruined credit and, sometimes, bankruptcy. Assistant US Attorney Brian Pugh ...
Compromise to create growth Ha'aretz, Israel - Nov 18, 2008 State guarantees for some loans would also be appropriate to help businesses draw credit from banks. However, it is also necessary to cut the very high ...
Dealers crash as economy slows WLNS, MI - Nov 18, 2008 To add to the calamity, the failure of banks created chaos in the credit market, making it much more difficult for consumers to get car loans or leases. ...
