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Stock market woes and slow economy dominate the talk around Birmingham - Birmingham NewsAround Birmingham, this month's stock-market meltdown is dominating conversation among the young and the old, the working and the retired, everyone with a stake in the world of investing. "We do our worrying by e-mail exchanges," said Bo Garrett, 36 ...
Bank of America settles lawsuit over bad mortgages - Ledger-Enquirer– All United States – Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota ...
Bank Writeoffs May Triple, Bond Spreads Fall on TARP (Update1) - BloombergOct. 6 (Bloomberg) -- The U.S. Treasury's $700 billion plan to rescue the nation's banks from the subprime mortgage debacle may help bonds rebound from losses of at least 90 percent while contributing to writedowns at financial institutions. The ...
Bank Writeoffs May Triple, Bond Premiums Narrow as TARP Begins - BloombergOct. 6 (Bloomberg) -- The Treasury's $700 billion plan to rescue the nation's banks from the subprime mortgage debacle may help bonds rebound from losses of at least 90 percent while contributing to losses at financial institutions. The Troubled ...
Park National Corporation Announces Alliance With Elan Financial ... - MSN MoneyCentralNEWARK, Ohio, Oct. 10, 2008 (GLOBE NEWSWIRE) -- Through its subsidiary The Park National Bank, Park National Corporation (Park) (AMEX:PRK) today signed definitive agreements with Elan Financial Services (Elan) and Elavon, Inc. (Elavon), both of which ...
Financial meltdown hits ivory towers - Ledger-Enquirer– All United States – Alabama Alaska Arizona Arkansas California Colorado Connecticut Delaware District of Columbia Florida Georgia Hawaii Idaho Illinois Indiana Iowa Kansas Kentucky Louisiana Maine Maryland Massachusetts Michigan Minnesota ...
Daily Report - Baton Rouge Business ReportThe dreaded “R” word is in Loren Scott’s 27th Louisiana Economic Outlook, although he says it should be “a relatively shallow national recession lasting about one year.” Scott presented the report at the BizTech Expo's Top 100 Luncheon ...
Administration ponders ownership stakes in banks - Beaufort GazetteWASHINGTON News that the Bush administration is considering taking ownership stakes in a number of U.S. banks helped restore a relative calm over global financial markets Thursday. The aim of such a move would be to thaw the lending freeze that ...
Dow closes below 9,000 for first time in 5 years - Beaufort GazetteWASHINGTON Calm gave way to fear in financial markets Thursday, turning a relatively steady day into a rout that pushed the Dow Jones industrials below 9,000 for the first time in five years. Investors, who had begun the day somewhat optimistic that ...
Alabama's credit card debt third highest in nation - Birmingham NewsAlabamians are piling up credit card debt and falling behind on payments at a higher rate than most other states, a credit reporting agency says. A survey by Chicago-based TransUnion, one of the nation's three major credit reporting bureaus, found ...
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