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McCain, Obama battle over economic woes - West OnlineThe US presidential campaign became a straight fight on the economy as global financial turmoil focused both candidates on how to help Americans worried about their future. Republican nominee John McCain is working on a new economic plan based on ...
More Hearings To Probe Wall Street Fallout - FOX CarolinaIt has been three weeks since the government agreed to give AIG an $85 billion loan to prevent it from going under. That came a day after Lehman Brothers declared bankruptcy -- the largest in U.S. history. The hearing is the second in a series on the ...
Bank Writeoffs May Rise, Bond Spreads Fall on TARP (Update3) - BloombergOct. 6 (Bloomberg) -- The U.S. Treasury's $700 billion plan to rescue the nation's banks from the subprime mortgage debacle may help bonds rebound from losses of at least 90 percent while contributing to writedowns at financial institutions. The ...
Anti-Obama Boomerang? - SlateGeraghty carves up the latest Newsweek poll , which has Obama up by 11. ... Newsweek 's findings that McCain is doing better among young people than old people, and better among women than men , seem especially strange. A party breakdown of 40 Dems ...
Bank Writeoffs May Triple, Bond Premiums Narrow as TARP Begins - BloombergOct. 6 (Bloomberg) -- The Treasury's $700 billion plan to rescue the nation's banks from the subprime mortgage debacle may help bonds rebound from losses of at least 90 percent while contributing to losses at financial institutions. The Troubled ...
Site Presented By - SalonThe McCain mortgage bailout mystery thickens. Even though a good case can be made that the plan is a repackaging of earlier Democratic efforts to get aid to homeowners, the Obama campaign is opposing it: John McCain wants the government to massively ...
Business Right Now - KATC 3NEW YORK (AP) - Wall Street is hoping this week will be better than last week, which turned out to be the worst five-days in its history. The Dow Jones industrial average closed Friday with a loss of 128 points at 8,451 and down 1,817 points on the ...
Citigroup agrees ceasefire in battle over Wachovia - Guardian UnlimitedCitigroup and Wells Fargo agreed last night to a temporary ceasefire in the battle for control of the struggling US bank Wachovia after intensive efforts by federal regulators to forge a three-way agreement. The rivals said they would halt litigation ...
Sen. Graham Touts McCain’s Plans for the Economy - Wall Street JournalSen. Lindsey Graham , a close adviser to Sen. John McCain , said the Republican presidential candidate is formulating new plans to invigorate the economy, including cutting taxes on investments. “I think it goes along the lines of, now’s the time ...
Bank of America settles lawsuit over bad mortgages - Ledger-EnquirerSPRINGFIELD, Ill. -- Facing a lawsuit over deceptive mortgage practices, Bank of America Corp. has agreed to modify tens of thousands of loans to keep people in 11 states from losing their homes, the Illinois attorney general's office said Sunday ...
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