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Bernanke: more action needed to cut foreclosures - Oakland Press
WASHINGTON (AP) — Federal Reserve Chairman Ben Bernanke called on the government Thursday to ramp up efforts to stem soaring home foreclosures, which are feeding into the country’s deep economic troubles. Although a flurry of actions have been ...

AP IMPACT: US diluted loan rules before crash - Oakland Press
WASHINGTON – The Bush administration backed off proposed crackdowns on no-money-down, interest-only mortgages years before the economy collapsed, buckling to pressure from some of the same banks that have now failed. It ignored remarkably prescient ...

Torrey Pines Bank Names Noriko Oakland Senior Vice President - PR Inside
Western Alliance Bancorporation (NYSE:WAL) announced today that Noriko Oakland has been named Senior Vice President of the Los Angeles/Orange County Division of its Torrey Pines Bank subsidiary. Oakland was formerly with California Bank & Trust where ...

Reverse mortgages a lifeline for seniors - San Diego Union-Tribune
Betty Falling is among a growing number of seniors using a reverse mortgage to avoid foreclosure. “I was in a bind,” Falling said. Seniors traditionally have used reverse mortgages to maintain their standard of living in retirement by tapping ...

Site Presented By - Salon
Riding my bicycle last night through Oakland, I almost veered off the road when I saw a gas station advertising $1.86 a gallon for regular unleaded. I always assumed that a severe economic downturn would pummel oil prices and delay the advent of peak ...

More Business - San Francisco Gate
The Chicago gym operator, which has several facilities in the Bay Area, will use cash reserves to continue operating. Bally, which again filed in the U.S. Bankruptcy Court for the Southern District of New York, plans to sell itself or reorganize ...

Register for FREE - Wall Street Journal
Please register to gain free access to WSJ tools. An account already exists for the email address entered. Retailers, already grappling with slowing sales, are hoping that Black Friday and this year’s holiday shopping season brings a much needed ...

Getting a bachelor's in borrowing - New London Day
Last month, Dan Brown and his roommate headed from San Francisco to Las Vegas. They were aiming to win big so they could pay off their student loans. ”If you don't try, you can't win,” says Brown, a 26-year-old marketing consultant. He's sitting ...

A big, fat "I told you so" from Joe Stiglitz - Salon
In the brand-spanking-new issue of the Economist's Voice, economist and Nobel Prize laureate Joseph Stiglitz takes a look back at a paper he wrote almost 20 years ago "commenting on the move -- just beginning then -- towards securitization ...

Real-Time News - Newark Star-Ledger
• Football: Millburn plays Madison during their Thanksgiving game • Football: Millburn plays Madison during their Thanksgiving game • Football: Millburn plays Madison during their Thanksgiving game They met as teenagers, finding a common bond ...