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Bank of America's Lewis Says Merrill Deal `On Track' (Update2) - BloombergNov. 18 (Bloomberg) -- Bank of America Corp. Chief Executive Officer Kenneth Lewis said he will complete the takeover of Merrill Lynch & Co. by the end the year, quashing speculation the $19 billion purchase may come undone. The acquisition is ``on ...
Lenders that Have Closed Shop, - Wall Street JournalMore than 80 mostly subprime mortgage lenders -- those that make home loans to the riskiest borrowers with questionable credit -- have closed shop since the end of last year as clients defaulted on payments and banks cut off the funding required to ...
Will Obama or McCain aid business most? - Detroit Free PressJim Bieri, a retail consultant based in Detroit, harbors no doubts that Republican presidential candidate John McCain would help business more than Democratic opponent Barack Obama. "I'm for lower taxes, so the current choice appears to be between ...
Credit: 'Next year is a washout' - Crain's Detroit BusinessPatrick O'Keefe, president and managing partner of the Bloomfield Hills-based turnaround and debt-restructuring firm of O'Keefe & Associates L.L.C. , describes himself as an optimist. Thank goodness he's not a pessimist. O'Keefe says it won't be ...
Democrats aim to end GOP reign in Oakland - Oakland PressRepublicans have held the top six countywide administrative offices for more than three decades, but it’s a trend that Democrats hope to break this year. “The bottom line is that our countywide field is strong,” says Oakland County Democratic ...
Lincoln Bancorp Announces Third Quarter Loss Due to Merger Related ... - StreetInsider.comPLAINFIELD, Ind., Oct. 22, 2008 (GLOBE NEWSWIRE) -- Lincoln Bancorp (Nasdaq: LNCB ), the holding company of Lincoln Bank, announced today that, excluding certain charges related to its proposed merger as discussed below, Lincoln's net income for the ...
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