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Fed Aid Sets Off a Rush to Refinance - Wall Street Journal
The Federal Reserve's attempt to stabilize the housing market set off a chain reaction across the U.S. on Tuesday, dropping interest rates and quickly spurring a burst of refinancing activity by borrowers eager to lower their mortgage costs. Some ...

Fear of bust has clubs looking for a salary ceiling - Guardian Unlimited
Support is growing for a salary cap in the Championship as clubs face up to spiralling players' wages, mounting financial losses and the onset of a recession to which the clubs are a great deal more vulnerable than those in the gilded circle of the ...

$8.5 Trillion and Counting - Reason.com
The L.A. Times on Sunday updated the numbers on 2008's historic (and historically awful) round of bailouts, and came out with a shiny new figure: $8.5 trillion . It's a useful piece of journalism, so I almost hate to complain, but the lead-paragraph ...

November 2008 - Weekly Standard
The terror assault on Mumbai is in its second day as Indian security forces struggle to regain control of the capital and clear the remaining terrorists from two hotels and a residential complex. Hundreds of Indian Naval and National Security Guards ...

ABCPMMMFLF Spells Fed Relief for JPMorgan, Citi Shadow Banking - Bloomberg
Nov. 17 (Bloomberg) -- The U.S. Federal Reserve's emergency lending programs, intended to thaw commercial paper and money markets, are also helping banks limit losses from some of their $4 trillion in off-the-books guarantees and loan commitments. A ...

Cerberus Would Cede Profit in Chrysler Sale Under Auto Bailout - Bloomberg
Nov. 14 (Bloomberg) -- Cerberus Capital Management LP, wading into the politics of a U.S. auto-industry bailout, would give up any profit on a future sale of Chrysler LLC should the company receive federal financial aid. Chrysler also expects the U.S ...

Ex-chief Lay indicted in fall of Enron - Baltimore Sun
The federal government's 2 1/2 -year investigation into the collapse of Enron Corp. reached the top of the shattered energy company's boardroom yesterday, as former Chairman and CEO Kenneth L. Lay was indicted on criminal charges related to the ...

Lenders that Have Closed Shop, - Wall Street Journal
More 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 ...

THE PRETENDERS - New York Post
When Wells Fargo reported third-quarter earnings last week - which beat Wall Street expectations by a few pennies - investors cheered, and watched the bank's shares keep most of the 9 percent gain they had pocketed the previous day. But banking and ...

Register for FREE - Wall Street Journal
The Federal Reserve's attempt to stabilize the housing market set off a chain reaction across the U.S. on Tuesday, dropping interest rates and quickly spurring a burst of refinancing activity by borrowers eager to lower their mortgage costs. Some ...