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Paulson says bailout not for mortgage guarantees - Seattle Post Intelligencer
WASHINGTON -- Treasury Secretary Henry Paulson expressed fresh reservations Tuesday about tapping a $700 billion bailout pool to provide mortgage guarantees to help stem soaring home foreclosures. Paulson and Federal Reserve Chairman Ben Bernanke ...

Lawmakers press Paulson on bailout plan changes - Seattle Post Intelligencer
WASHINGTON -- Faced with exasperated lawmakers upset by shifts in bailout strategy, Treasury Secretary Henry Paulson launched a spirited defense Tuesday of his handling of the $700 billion program and expressed fresh reservations about tapping the ...

Bookmakers put on spurt as Greeks make challenge - Times Online
Ladbrokes and William Hill, Britain’s biggest bookies, both jumped against a falling market on talk that Opap, the partly state-owned Greek gaming company, was about to move in on their turf with a bid. Opap, the largest gaming company in Europe ...

Treasury Denounced Over Bailout - Gainesville Sun
WASHINGTON — The Treasury secretary, Henry M. Paulson Jr., on Tuesday rejected pleas to use money from the $700 billion bailout program to help homeowners avoid foreclosure or to stave off bankruptcy by Detroit’s Big Three automakers. Click to ...

Bailout doubts drive down Barclays to a 14-year low - Times Online
Amid the will-it, won’t-it speculation surrounding the future of Barclays and its search for support was more bad news for the bank yesterday. It dropped 19.9p, 13 per cent, to a 14-year share-price low of 129.6p after talk spread that it may have ...

Enterprise Inns hit by debt finance fears - Daily Telegraph
Analysts thought some income funds were selling out of Enterprise yesterday after broker JPMorgan argued the company should scrap future dividend payments to accelerate debt repayments - a move that could take the company out of the "distress ...

Paulson, Bernanke defend $700 billion bailout - Seattle Post Intelligencer
WASHINGTON -- Treasury Secretary Henry Paulson expressed fresh reservations Tuesday about tapping a $700 billion bailout pool to provide mortgage guarantees to help stem soaring home foreclosures. Paulson and Federal Reserve Chairman Ben Bernanke ...

Treasury attacked over $700bn bail-out - Financial Times
A senior US Treasury official came under attack on Friday as critics of the $700bn bail-out from the left and the right questioned whether the Bush administration had deceived members of Congress over how the funds would be used. Congressional ...

SHARC to take bite out mortgage foreclosures - KARE
He's been working for years to pay off his mortgage. 46-year-old Jim Jackson of Minneapolis wanted to eventually leave his home to his four children. But last year, an illness in the family forced him to refinance. He says, "We needed to take a loan ...

Mortgage broker files bankruptcy petition - Daily Gazette
SCHENECTADY — A subprime mortgage brokerage that relocated to the city during the height of the housing boom has closed and filed for bankruptcy. Two years after MEM Financial Services established a headquarters near the corner of State and Ferry ...



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