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FDIC plans to target foreclosures - Delaware Online
WASHINGTON -- Publicly breaking with the Bush administration's official stance, the Federal Deposit Insurance Corp. proposed Friday to use $24 billion in government funding to help 1.5 million American households avoid foreclosure. Where to find that ...

Central Ohio home-sales numbers keep slumping - The Columbus Dispatch
The central Ohio housing market remains stagnant, with sales down nearly 10 percent last month. As a result, the number of people who sell homes for a living likely will fall as well. The Columbus Board of Realtors expects that its membership could ...

Economic conditions taking a toll on OSI Restaurant partners - Tampa Bay Business Journal
Disruptions in financial markets, including the subprime mortgage crisis and the bankruptcy and restructuring of key financial institutions, pose challenges to OSI Restaurant Partners LLC. For the three months ended Sept. 20, the large Tampa-based ...

November 2008 - Posts - MSNBC Firstread
For the Thanksgiving holiday, we are suspending our morning note (including First Thoughts) for next week. Don't fret too much, though. We will still be doing updates as usual throughout the day on Monday, Tuesday and Wednesday. Patrick Gaspard will ...

Verizon, Kroger Lead $5.15 Billion of Bond Offerings (Update1) - Bloomberg
Nov. 18 (Bloomberg) -- Verizon Wireless , the second-biggest U.S. mobile phone service, and supermarket chain Kroger Co. led the busiest day of bond offerings in two weeks as investors took advantage of higher yields on corporate debt. Six companies ...

The Gathering Credit Card Storm - Huffingtonpost.com
Our current financial crisis is a case study in ripple effects. A lot of bad mortgage loans, bad loans between organizations, bad evaluations by ratings agencies and bad oversight by government collectively toppled big Wall Street firms. This caused ...

Downturn Drags More Consumers Into Bankruptcy - Blueridgenow.com
The economy’s deep troubles are pushing a growing number of already struggling consumers into bankruptcy, often with far more debt than those who filed in previous downturns. Plummeting home values, dwindling incomes and the near disappearance of ...

Bank's demise one for textbooks - The Columbus Dispatch
Cleveland-based National City scooped up companies that originated subprime mortgages, then offered the risky loans on its own to its core market in the Midwest and eventually to home buyers all over the country. The risk-taking behavior was in ...

Harper lines up with Bush on reform - Globe and Mail
Jim **** from Canada writes: An odd alliance. Yesterday Mr. Bush said the capitalist system wasn't to blame for the current crisis, leading to inescapable conclusion that his adminstration must be to blame then. Odd that Harper would line up with ...

The Social - CNET News
Citysearch is still ahead, butupstart rival Yelp is catching up. Good thing Citysearch has brought in some much-needed new social features. (Credit: Compete.com) Citysearch , the online business directory owned by Barry Diller's IAC/InterActiveCorp ...