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Westin's woes fuel fears of default on big commercial loans - Arizona Daily Star
Mortgages on offices, shopping malls and hotels that were based on projections of soaring income during the real estate boom are roiling the bond market. A $209 million loan made by JPMorgan Chase & Co. to finance the Westin La Paloma Resort & Spa in ...

Treasury Yields Drop to Record Lows as Recession Concern Rises - Bloomberg
Nov. 22 (Bloomberg) -- Treasuries yields tumbled to record lows, with rates on three-month bills dropping near zero, as investors sought the assurance of getting their principal back as the global recession deepened. Three-month bill rates dropped 1 ...

Treasurys Soar, As Investors Flock to Liquidity and Safety - Wall Street Journal
Investors continue to shove their money aggressively into the U.S. government bond market, and the longer-dated securities are seeing more interest when viewed against shorter-dated securities. This reflects growing expectations for an extended ...

Commercial Mortgages With `Outlandish' Forecasts Roil Bonds - Bloomberg
Nov. 20 (Bloomberg) -- Mortgages on offices, shopping malls and hotels that were based on projections of soaring income during the real estate boom are roiling the bond market. A $209 million loan made by JPMorgan Chase & Co. to finance the Westin La ...

November 2008 - Weblogs.baltimoresun.com
Whenever chaos rules the economy and financial markets, I try to find financiers who have fended off the storm and resisted the temptations that brought down their competitors. It's always a bit of a risk. The company that appears strong today may be ...

No regular session - Stateline
Several key issues were left on the table as squabbling Alabama legislators — widely criticized last year for their lack of productivity — could not put their differences aside. It even took an $110,000 special session to pass an education budget ...

2008 (2665) - Dakota Voice
► May 22 - May 29 (1) To assuage conservatives, McCain has rolled out endorsements from leading conservatives and aired a new television ad that mentions Ronald Reagan. He plans to attend a major gathering of conservatives later this month. The ...

More Utility Bills Go Unpaid - Wall Street Journal
Utilities are becoming more aggressive about collecting money from delinquent customers, leading to a surge in service shutdowns just as economic woes are pushing up the number of households falling behind on bills. The utilities say they are under ...

Freddie Mac Mortgage Portfolio Shrinks $24 Billion (Update1) - Bloomberg
Oct. 24 (Bloomberg) -- Freddie Mac said its portfolio of home loans and mortgage bonds shrank at an annualized rate of 38 percent last month as federal regulators seized control of the government-sponsored mortgage-finance company. The portfolio ...

Fed Shouldn't Rely Too Much on Rates, Bullard Says (Update3) - Bloomberg
Oct. 14 (Bloomberg) -- The Federal Reserve should avoid provoking inflation by not relying too much on interest rate policy to stem financial market turmoil, said James Bullard , president of the Federal Reserve Bank of St. Louis. ``Overreliance on ...