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Sterling Financial Corporation to Participate in U.S. Treasury Capital ... - Businesswire.com
SPOKANE, Wash.--( BUSINESS WIRE )--Sterling Financial Corporation (NASDAQ:STSA), a leading community bank in the western region, today announced that it has received notification of preliminary approval from the U.S. Department of Treasury for the ...

Home Value Highwire - WTOP Radio
WASHINGTON - If you want to buy in today's housing market, you may not be able to seal the deal or get a loan, unless you have cash and good credit. You need cash to close the deal. The days of zero-down are gone. That's the new reality of the ...

US Treasuries rally, as Fed unveils more rescue programs - FXStreet.com
On Tuesday, global bonds reversed course following a two-day equity-induced correction lower, closing moderately (EMU) to sharply higher (US). Equities kept a more sideways trading profile and eco data, while mostly again very weak, weren’t the ...

Reverse mortgages a lifeline for seniors - San Diego Union-Tribune
Seniors traditionally have used reverse mortgages to maintain their standard of living in retirement by tapping into their home equity, but older homeowners increasingly are using the loans to avoid sliding into foreclosure. Rather than making ...

Secret talks preface Simpson's decision to stand down - Watford Observer
Graham Simpson has resigned as chairman of Watford Football Club. Simpson broke the news to shareholders of the Hornets’ parent company, Watford Leisure Plc, this morning, who had attended what was expected to be an emergency meeting where the ...

Chandler: Fed Facilities Cut Dollar Recovery Short - CNBC
The dollar was continuing to recover from yesterday's slide until details of the Fed's new facilities cut it short. The Fed announced two new programs. First, it will purchase up to $600 billion of agency debt backed by US government housing finance ...

Midday Market Recap: Stocks and U.S. Dollar Down After New $800 ... - Economicnews
(CEP News) - Stocks are slightly lower, Treasuries are higher and the U.S. dollar is down after the U.S. government unveiled a series of programs to buy mortgages, agency debt and asset-backed securities (ABS). Beginning next week, the Federal ...

Dollar Drops as Citigroup Rescue Pares Investors’ Haven Demand - Bloomberg
Nov. 24 (Bloomberg) -- The dollar had its biggest two-day loss against the euro this month as Citigroup Inc. received $306 billion of U.S. government guarantees for its troubled assets, reducing demand for the greenback as a haven. The yen dropped ...

The nationalisation of credit - bbc
As I said boringly and monotonously on Monday, before during and after the pre-Budget report, the overhang of excessive debt accumulated in the boom years remains the biggest problem for the UK economy and for the world. The past, current and future ...

Citi and manic Monday - bbc
The overnight bailout by the US authorities of Citigroup is big and fairly complicated, but then it had to be: until recently Citi was the biggest bank in the world and even today its assets are not far off the size of Britain's economic output. Citi ...