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- Credit crisis' next victim: bankruptcies (Dallas Morning News)
Wed, 15 Oct 2008 02:53:07 GMT Companies seeking bankruptcy protection have a new hurdle, thanks to the credit crunch: finding money to survive the process. The frozen credit markets have choked lending to struggling companies that need loans just to make it through Chapter 11 restructuring.
- Wells Fargo Reports Net Income of $1.64 Billion, or $0.49 Per Share (Business Wire via Yahoo! Finance)
Wed, 15 Oct 2008 12:00:00 GMT SAN FRANCISCO----Wells Fargo & Company : -- Strong business momentum continues: -- Year-to-date revenue up 11 percent -- Average loans up 15 percent from prior year and 13 percent from prior quarter -- Average earning assets up 15 percent from prior year and 13 percent from prior quarter -- Core deposits up 10 percent from September 30, 2007, and 30 percent from June 30, 2008 -- Cross-sell of ...
- READY TO SWOOP? Industry Braces For New Era of Vulture Opportunity (CoStar Group)
Thu, 16 Oct 2008 02:11:34 GMT Let the jockeying begin. Brokerage firms, investment banks, turnaround specialists and other service providers are once again beginning to maneuver for position in anticipation of the long-expected sales frenzy that accompanies any major market correction...
- Top Scoops (Scoop.co.nz)
Thu, 16 Oct 2008 00:32:51 GMT Can Congress Bail Out of the Bailout? And what about the Fed's Even Larger Giveaway?
- Troubles mount for owners of Heritage House (Mendocino Beacon)
Tue, 14 Oct 2008 16:07:40 GMT David Wilk's original dream for the Heritage House is visible in the $569,000 order made in 2006 for specially-designed, handmade furniture from the Pagoda House Gallery in Singapore.
- City of Homes getting hit with foreclosures (Berwyn Life)
Tue, 14 Oct 2008 20:29:15 GMT An unprecedented number of Berwyn homes are ending up in foreclosure, with close to 100 buildings vacant.
- Top Scoops (Scoop.co.nz)
Mon, 13 Oct 2008 05:31:31 GMT Hey folks! Have you been wondering why Republicans have suddenly stopped talking about 'family values?'
- Credit crunch squeezes Central Texas home starts (Austin American-Statesman)
Sun, 12 Oct 2008 20:24:49 GMT By now, rows of houses should have replaced the bales of hay on the 700-acre Goodnight Ranch 10 miles south of downtown Austin. But more than two years after the city approved the 3,500-home development, construction has yet to disturb the pasture and farm land just east of Interstate 35 and Slaughter Lane.
- Guest column: Important lessons (The Danville Advocate-Messenger)
Thu, 09 Oct 2008 14:20:14 GMT The hard work starts now that the financial rescue package has passed. Do not expect an immediate recovery in the stock market or the economy. The real world does not work that way. The recession may be long and deep.
- Some mortgage relief for local residents (Seattle Post-Intelligencer)
Mon, 06 Oct 2008 20:49:51 GMT Bank of America will give 9,500 Washingtonians about $200 million in help to keep their homes, and contribute more money to help people who already lost their homes or will have to move into rentals.
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