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Bank of England holds interest rate at 5% - Times OnlineThe Bank of England kept interest rates on hold at 5 per cent today, despite widespread expectations that the country is set to enter a recession in the second half of the year. It is likely that while a rate cut was discussed among the Bank's ...
Housing gloom deepens as prices plunge 12.7% - Times OnlineHouse prices fell by 12.7 per cent in the year to August, it emerged today, declining at the fastest rate since 1983. Today's figure is above the 10.5 per cent annual fall recorded by Nationwide last month. Halifax said today that house prices in the ...
Lining up for help - South Coast TodaySeptember 19, 2008 6:00 AM Police report 12th fatal heroin overdose in New Bedford Shaky economy unsettling for SouthCoast residents Principal of city special needs program removed from job Pending Cliftex deal would save mill, create affordable ...
Bank of the James Financial Group, Inc. To Determine Impairment Charge ... - ForbesOn September 7, 2008, the U.S. Treasury, the Federal Reserve and the Federal Housing Finance Agency (FHFA) announced that FHFA was placing Fannie Mae and Freddie Mac under federal conservatorship. Bank of the James Financial Group, Inc. (the "Company ...
Bringing down the houses that built America's economy - Globe and MailIain's Opinion from Canada writes: So in essence it comes back to the fact that the regulations were enacted to keep the banks from gambling with our money. Anybody remember what happened when the savings and loans industry deregulated? Uh huh ...
Another nightmare on Wall Street - South Coast TodayNew car inspection regulations begin Wednesday COUTURE: Francona has big decisions to make Negligent driver causes 5-car Dartmouth pileup Three-day storm soaks SouthCoast DHS honors Carlin Lynch, football and life coach New Bedford police officer ...
PMI Releases Winter 2008 Risk Index - PR NewswireWALNUT CREEK, Calif., Jan. 15 /PRNewswire-FirstCall/ -- PMI Mortgage Insurance Co., the U.S. subsidiary of The PMI Group, Inc. (NYSE: PMI ), today released its Winter 2008 U.S. Market Risk Index(SM), which ranks the nation's 50 largest metropolitan ...
Taxes will soar in credit crisis - Times OnlineTAXPAYERS in Britain face up to 5p in the pound in extra taxes because of the credit crunch created by the banks, leading economists have warned. After a week of unprecedented financial turmoil, they predict that government borrowing is about to ...
Group helps families in danger of foreclosure - Lowell SunOsman and Rosaline Bangura have their foreclosure on hold from help from the Coalition for a Better Acre. SUN /David H. BROW LOWELL -- In the spring of 2005, Rose Bangura was dancing in the streets of Centralville. She and her husband, Osman, who had ...
US banking bailout in chaos after shock House of Representatives vote - Times OnlineThe financial system lurched closer to a catastrophic breakdown last night after the US Congress dramatically rejected a bailout plan designed to restore confidence to paralysed banks. Wall Street suffered one of its worst days in history. In 24 ...
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