2008-10-10 23:01:00

CBS NewsGlossary: Translating the financial crisisInternational Herald Tribune, France - 3 hours agoIn a reverse auction for subprime mortgage loans, for instance, a bank offering to sell a bundle of bad loans for 50 cents on the dollar would beat a bank ...Meltdown 101: How can the Fed's rate cut help? The Associated PressWhat else the US can do CNNMoney.comFinancial Worries, Credit Crisis Are Felt Around the Globe NewsHourChristian Science Monitor - NPRall 1,995 news articles.

2008-10-10 23:01:00

Russia approves loan plan to ease credit crunchInternational Herald Tribune, France - 9 hours agoIn another bad sign for Russia, crude oil futures dropped to $82 a barrel., Russia's finance minister has said the budget will go into deficit if prices ....

2008-10-10 23:01:00

ReutersAIG draws down $70 billion of government loan, shares fallReuters - 6 hours agoThe lion's share of the Fed's original loan was toward providing collateral to AIG's trading partners on credit default swaps, and covering losses in its ...Timeline Of Financial Crisis KGTV, 10News.comCome share the epiphany...or get flattened. Your choice. StockhouseAIG Gets Another $37.8 Billion from Feds findingDulcineaArizona Daily Starall 1,202 news articles.

2008-10-10 23:01:00

The Associated PressVultures circle Wall Street, but hesitate to feedThe Associated Press - 3 hours agoThese bad loans are taken off bank balance sheets, "where they are acting as a cancer." And the homeowners get a shot at keeping their property. ....

2008-10-10 23:01:00

It's True: There Are a Lot of Bad LoansOn Wall Street, NY - 11 hours agoThey also found that "an excessive number of loan agreements did not provide adequate warnings and allow for proactive control over the credit. ....

2008-10-10 23:01:00

Dividend.comBofA's Small Business Lending WoesBusinessWeek - 1 hour agoIn particular, she says, it will be extremely difficult to get an unsecured loan. While it might not have seemed easy to get credit a year ago, ...Bank of America profits plunge 68% CNNKen Lewis and the ‘Damned Disaster’ Wall Street Journal BlogsIs $10 Billion Enough for BofA? New York Times Blogs24/7 Wall St. - Bizjournals.comall 866 news articles.

2008-10-10 23:01:00

Far from Wall Street, Utahns lose jobs, savings, access to creditSalt Lake Tribune, United States - 15 hours agoIn other cases, banks won't allow people to refinance out of the bad loans and into fixed-rate loans they can afford because lending standards are so much ....

2008-10-10 23:01:00

Seattle Post IntelligencerMcCain housing proposal: Easier said than doneThe Associated Press - 20 hours agoOne big problem: The vast majority of the toxic home loans that are clogging financial markets and freezing up credit have been sliced, diced and repackaged ...Video: Obama: 'Taxpayers Shouldn't Pick Up Tab' AssociatedPressMcCain Wants to Buy Americans’ Bad Home Loans CNSNews.comMcCain pledges to buy up 300 bln in US home loans AFPThink Progress - New York Timesall 1,748 news articles.

2008-10-10 23:01:00

KPNX-12Is there any credit to buy a house?KPNX-12, AZ - 4 hours agoIt is harder for investors to get loans, also people with bad credit. There is now a much different playing field you have to run on. ....

2008-10-10 23:01:00

"Trust" in the Economy and Electoral PoliticsHuffington Post, NY - 3 hours agoIt's bad enough for the economy when a business can't provide credit to a consumer. No car loan, no sales; no sales, no dealership; no dealership, ....