Wall Street Doesn't Get It Intellectual Conservative, AZ - Jan 4, 2009 The marketplace, which depended on their continuation crashed, while the bad loans manifested in the portfolios of commercial banks, investment banks, ...
The Flume's 2008 year in review Fairplay Flume, CO - Jan 2, 2009 Mutual of Omaha Bank, the "successor in interest" of a Peak National Bank loan to Rocky Valley Partner LLC for the Stone River Ranch housing development in ...
Banks likely to cut lending, deposit rates Hindu, India - Jan 2, 2009 This means personal, housing and automobile loans would be cheaper further. However, the RBI cautioned banks. Even as some public sector and private sector ...
The weekend Wall Street died Charleston Post Courier, SC - Jan 3, 2009 Mortgage bankers gave loans to Americans for homes they couldnt afford. Investment houses packaged these loans into complex instruments whose risk they ...
2008: The year we learned some humbling lessons Fort Worth Business Press, TX - 14 hours ago On bad mortgages, losses could be recovered by selling the home at a higher value. Thus rationalized, bad loans were made. Some stocks might decline; ...
After a year of calamity, markets face arduous recovery TheDay, CT - Jan 4, 2009 Of course, the future always looks bleak when conditions are bad. The positives include the fact that stock volatility in December has been much lower than ...
A few home truths about your debts The Australian, Australia - Jan 4, 2009 Don't forget to count the costs of switching loans. Compare prices for various products and services you use regularly. Break from tradition if it means you ...
Life goals for 2009 Inquirer.net, Philippines - Jan 2, 2009 Never miss payments on credit card and mortgage loan. Last year, I had two late payments on my credit card just because I misread my statement, ...
Obama Stimulus and January Effect, this Weeks Top Stories Contrarian Profits, Argentina - 8 hours ago While much of the financial crisis has involved residential loans, Foresight Analytics predicts that commercial mortgages will become the next ax to fall as ...
Payday loans mushroom in middle class Atlanta Journal Constitution, USA - Jan 3, 2009 As an alternative to payday lending, some credit unions and other lenders have begun offering short-term, small-dollar loans at annual rates as low as 12 ...
Bird Droppings from Estonia: Where did it all go wrong? Eesti elu, Canada - 8 hours ago A sub-prime mortgage is usually taken up by people on low incomes stretching to afford a house, or with a bad credit record. It comes (even if disguised by ...
More Than a Day Job Washington Post, United States - Jan 3, 2009 "It should not be a bad salary," she said. That is, unless you have $30000 in student loans, a $300 a month car payment, some credit card debt, ...
