Mortgage and Financial News From 2008-9-22 Page 11
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Big financiers lobbying for wider aid (North Bay Business Journal)
Published: Monday, September 22, 2008 at 7:22 a.m. Last Modified: Monday, September 22, 2008 at 9:45 a.m. NEW YORK -- Even as policymakers worked on details of a $700 billion bailout of the financial industry, Wall Street began looking for ways to profit from it.
2008-09-22 07:51:34 -
Democrats seeking restraints on rescue (North Bay Business Journal)
Published: Monday, September 22, 2008 at 7:22 a.m. Last Modified: Monday, September 22, 2008 at 9:37 a.m.
2008-09-22 07:51:44 -
U.S. Stocks Fall, Led by Regional Banks; Regions, M&I Tumble (Bloomberg.com)
Sept. 22 (Bloomberg) -- U.S. stocks fell following the biggest two-day rally since 1987, dragged down by regional banks, on concern smaller lenders are unlikely to profit from the government's $700 billion bailout of the financial system.
2008-09-22 07:55:41 -
Bush, Congress exchange views on relief bill (Evansville Courier & Press)
WASHINGTON — President Bush and leading Democrats differed Monday on just how quickly Congress should pass legislation stabilizing the country's troubled financial system. Bush issued a statement at the White House saying "the whole world is watching" how the U.S. government addresses the business turmoil that has roiled markets here and abroad. He spoke not long after the heads of two ...
2008-09-22 07:58:16 -
On '60 Minutes': McCain Defends, Obama Blames Deregulation LISTEN NOW (WBBM Newsradio 780 Chicago)
Candidates discuss government's $700 billion bailout of financial firms in "60 Minutes" interview. LISTEN TO THE COMPLETE SHOW
2008-09-22 07:58:46 -
Obama: No Blank Check on Bailout - New York Times Blogs
CHARLOTTE, N.C. – Senator Barack Obama said the government plan to stabilize the nation’s financial markets came with “a staggering price tag,” but he told voters here on Sunday that any rescue plan needed to include new regulations of the ...
2008-09-21 03:11:00 -
Bailout Won't Stop Foreclosures that Push Down Everyone's Property ... - MSN MoneyCentral
-- The government plan announced by Treasury Secretary Paulson and Fed Chairman Bernanke fails to deal with the root cause of the crisis -- families in foreclosure -- and instead is purely and simply a bailout of the lenders who created this disaster ...
2008-09-21 11:43:00 -
Najib to brief New York fund mangers - Business Times Malaysia
DEPUTY Prime Minister Datuk Seri Najib Tun Razak said today he will be bringing “good news” to New York fund managers about the country when he makes a trip there to attend the United Nations General Assembly session. “I’m scheduled to meet ...
2008-09-22 03:21:00 -
Brown plans crackdown on world markets - Guardian Unlimited
Gordon Brown, the prime minister, looks out over Manchester on day two of the Labour party conference. Photograph: Stefan Rousseau/PA Gordon Brown yesterday pinned hopes of reviving his premiership on a package of measures designed to tackle the ...
2008-09-22 04:04:00 -
How political hacks really rate MPs - The Independent
Stats were compiled by Sky News for its Politico Trump Cards (some of which are pictured above). They will be distributed to delegates at the Labour party conference in Manchester Who are really the most media-friendly MPs? Who could hold the ...
2008-09-21 11:11:00 -
In several cases, stocks from this sector were trading close to their ... - Economic Times
Analysts also point out that increased uncertainty for this sector has also been created by the Rs 5,000 crore rights share issue of Hindalco which opened today and the restructuring announced by Sterlite Industries. In the case of zinc, LME prices ...
2008-09-22 03:28:00 -
Lehman Brothers and Your Bank Deposits (US News & World Report)
ABA says despite the market mayhem, the money in your bank account is protected.
2008-09-20 04:10:10 -
Tackling angst over housing (Herald News)
PATERSON — Roughly a dozen people visited an all-day "foreclosure fair" Saturday in a last-ditch effort to save their homes. First question: For how many months have you missed your mortgage payment?
2008-09-20 11:05:35 -
The bailout and the housing market - Marketplace.publicradio.org
Potential home buyers have been hovering, reluctant to buy until they feel prices have reached bottom and loan requirements have loosened. Does the bailout change the picture. Dan Grech reports. Scott Jagow: Here's something else to ponder. Will this ...
2008-09-22 04:40:00 -
Corporate Bond Sales May Reach $25 Billion on Treasury Bailout - Bloomberg
Sept. 22 (Bloomberg) -- Companies shut out of the capital markets as credit froze may attempt to unleash a flood of debt after the U.S. government's plan to buy troubled assets from banks caused yield premiums to shrink the most on record. Corporate ...
2008-09-22 05:44:00