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- Credit crisis' next victim: bankruptcies (Dallas Morning News)
Wed, 15 Oct 2008 02:53:07 GMT Companies seeking bankruptcy protection have a new hurdle, thanks to the credit crunch: finding money to survive the process. The frozen credit markets have choked lending to struggling companies that need loans just to make it through Chapter 11 restructuring.
- Credit crunch imperils Cleveland's commercial development projects (The Cleveland Plain Dealer)
Fri, 17 Oct 2008 05:07:28 GMT The tightening vise on credit worries commercial property owners and threatens to bring development to a near-halt across the country. Some projects considered critical to rebuilding Cleveland could be in peril.
- Don't Blame Capitalism (Washington Post)
Thu, 16 Oct 2008 17:34:40 GMT Amid the chaos of recent days, as the federal government has taken gargantuan steps to stabilize the financial markets, realigning the U.S. economic system in the process, comes a nearly universal consensus: This crisis resulted from government reluctance to regulate the unbridled greed of Wall Street. Many economists and market participants who were formerly averse to government interference ...
- Riding out the financial storm (The Herald)
Fri, 17 Oct 2008 21:31:07 GMT Savings With the high-profile rescue of banks at home and overseas still fresh in the memory, consumer focus has suddenly switched to finding a safe haven for their nest-egg rather than chasing the best rate.
- The Crash: Risk and Regulation (Washington Post)
Thu, 16 Oct 2008 12:24:07 GMT Washington Post staff writers Jill Drew, Anthony Faiola and Ellen Nakashima were online Wednesday, Oct. 15 at 1 p.m. ET to answer questions about their story detailing the regulatory decisions that were made as long as a decade ago that contributed to the current financial crisis.
- Economic Crisis May Impact Financial Aid Funds (CBS News)
Thu, 16 Oct 2008 11:24:02 GMT The recent fluctuations in the economy have many people worried about their current and future financial security, and many are considering how much they can invest in an education.
- Wells Fargo Reports Net Income of $1.64 Billion, or $0.49 Per Share (Business Wire via Yahoo! Finance)
Wed, 15 Oct 2008 12:00:00 GMT SAN FRANCISCO----Wells Fargo & Company : -- Strong business momentum continues: -- Year-to-date revenue up 11 percent -- Average loans up 15 percent from prior year and 13 percent from prior quarter -- Average earning assets up 15 percent from prior year and 13 percent from prior quarter -- Core deposits up 10 percent from September 30, 2007, and 30 percent from June 30, 2008 -- Cross-sell of ...
- READY TO SWOOP? Industry Braces For New Era of Vulture Opportunity (CoStar Group)
Thu, 16 Oct 2008 02:11:34 GMT Let the jockeying begin. Brokerage firms, investment banks, turnaround specialists and other service providers are once again beginning to maneuver for position in anticipation of the long-expected sales frenzy that accompanies any major market correction...
- Top Scoops (Scoop.co.nz)
Thu, 16 Oct 2008 00:32:51 GMT Can Congress Bail Out of the Bailout? And what about the Fed's Even Larger Giveaway?
- Troubles mount for owners of Heritage House (Mendocino Beacon)
Tue, 14 Oct 2008 16:07:40 GMT David Wilk's original dream for the Heritage House is visible in the $569,000 order made in 2006 for specially-designed, handmade furniture from the Pagoda House Gallery in Singapore.
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