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Mighty have fallen as automakers ask government for $34 billion - MLive.comPress Photo/Mark Copier A Barber Ford sales representative assists a customer shopping for a pickup in the Holland dealership's showroom. DETROIT — Once considered the world's mightiest industrial company, General Motors Corp. has told Congress it ...
Banking 1991-2000 - KommersantToday there are about 1300 banks in Russia, with the largest of them concentrated in Moscow and St. Petersburg. The Russian banking system had just as many banks in 1991, when it was still Soviet. Up to 1995, the number of banks increased to 3000 ...
GM's bailout plan includes thousands of job cuts; 'Flint will not be ... - MLive.comFLINT, Michigan -- Get ready for more job losses in Flint. Even with a $12 billion government loan for General Motors, observers say GM's plan to cut upwards of 31,000 jobs won't spare the Flint area. "Flint will not be unscathed," said Kristin ...
Hey, Paulson and Bernanke, where's my bailout? - St. Petersburg TimesAfter receiving about $7.7-billion in Treasury funds, PNC Financial Services announced plans last week to buy troubled National City Corp. for about $5.2-billion in stock. I want my own piece of the $700-billion bailout pie. Like everyone else, I ...
Bailout won't help GM sell cars - St. Petersburg TimesThe Big Three are not victims of the current financial crisis. For those too young to remember, we had our first wake-up call 35 years ago — high oil prices, long lines at the gas station, high inflation and unemployment. The foreign manufacturers ...
House price falls slowing but homeowners told plunge is not over - Times OnlineHouse prices fell at the slowest pace in a year over the past month but the pain for homeowners is far from over, experts said yesterday. The value of an average property dropped by 0.4 per cent, or £430, during November, according to figures from ...
It's bankruptcy for bank's big player - Herald TribuneFirst Priority Bank$7.6 million First Horizon home loans$3.025 million Brasota Mortgage$2 million US Funding Group$1.188 million Cadence Bank$940,000 Elcko LP$575,000 Abraham Smojovitz$300,000 Michael Wykoff$180,000 Emmanuel Paxinos$127,000 Community ...
Wilson plant closes; 380 jobs lost - Raleigh News & ObserverIWCO Direct shuts its operation in Elm City Two years after sweeping into Wilson County to save hundreds of jobs, direct mail company IWCO Direct is closing its plant and putting about 380 people out of work. The Minnesota company announced Thursday ...
Freedom Bank reopens today as Fifth Third Bank - Bradenton HeraldBRADENTON — Aside from “curiosity seekers,” things were quiet at Freedom Bank branches this weekend after the institution was closed by regulators Friday. “What you had was a lot of curiosity seekers,” said Rickey McCullough, ombudsman with ...
Week in Review - Tuesday, Oct 21 - Delaware OnlineHad the Phillies made it to the World Series a few years ago, when most Americans knew nothing of subprime mortgage loans and the stock market stood on two legs, Alfonse Lugano might have left Modell's Sporting Goods with more official merchandise in ...
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