Banks ask chancellor for capital - bbcWhen Treasury officials started working overtime last week on an emergency plan to inject new capital provided by taxpayers into our banks, the chancellor wasn’t sure how our banks would react. Would they pr...
Humbling of our banks - bbcThe City of London has never seen anything like it in its long and illustrious history. A quartet of our biggest banks have been negotiating all day today - and will continue to do so all through the night - with the Treasur...
GM campaign tells buyers they can still get loans - Buffalo NewsWith October auto sales expected to fall short of September’s 15-year low, General Motors Corp. is launching a campaign this week to reach people who have stopped looking for cars o...
Stakes high as Obama, McCain head for final debate - Natchez DemocratTOLEDO, Ohio (AP) Republican John McCain is looking to turnaround his fortunes in the final presidential debate with Democrat Barack Obama, a forum focused on pocketbook issues a...
McCain s $300 Billion Mortgage Plan: Better Than the $700 Billion - Wall Street JournalAt Monday night s Presidential Debate, John McCain dropped an economic bomb: he suggested that the U.S. Treasury should buy up mortgages and renegotiate thei...
Thinking Right - Atlanta Journal ConstitutionThe entry titled “Hacking Palin,” and any of the comments about it. Ever since John McCain picked Alaska Gov. Sarah Palin as his running mate, the left has been wild with rage and frustration. T...
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Wounded Nation - Sunday HeraldAFTER BATHING in the warm, fuzzy glow of the Mandela years, South Africans today are deeply demoralised people. The lights are going out in homes, mines, factories and shopping malls as the national power authority, Eskom...
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Analysts: GM would need cash to acquire Chrysler - Guardian UnlimitedAP Auto Writer= DETROIT (AP) - For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash as part of the deal. Lots of it, ac...
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Bank of America to pay $8 billion to settle suits over bad mortgages - San Jose Mercury NewsSPRINGFIELD, Ill. Facing a lawsuit over deceptive mortgage practices, Bank of America is agreeing to pay more than $8 billion to modify hundreds of thousan...
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McCain, Obama clash over economic crisis - ksl.comI posted, comments about 15 minutes ago, then came back to the site and saw that my comments was the first and only comment. It was removed, yet, all that was in it was several statements of what I saw...
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Many pieces go flying from mortgage implosion - Dallas Morning NewsWASHINGTON Your taxpayer credit card is on the counter, all set to get the economy moving again. Caveat emptor let the buyer beware. The value of the mortgage-backed securities...
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Takeover ‘may tip economy of Scotland into turmoil’ - ScotsmanSCOTLAND’S economy could be devastated by the Lloyds TSB takeover of HBOS, Alex Salmond said last night, after bank bosses refused to rule out compulsory redundancies. The...
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Election 2008 - Weekly StandardMore pointedly, McCaskill said of Palin’s opponent, Sen. Joe Biden, Del., that he has a tendency to talk forever and sometimes say things that are kind of stupid. He a regular guy and he doesn t pars...
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