Mortgage and Financial News From 2008-10-5 Page 01
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Oktoberfest at the DAI - Dayton Daily News
Dayton Music Fest • Reform Medicaid to eliminate fraud and waste, cut costs and reward providers for quality outcomes, prevention and coordination of care. • Offer a $5,000 tax credit for families and a $2,500 credit for individuals to buy health ...
2008-10-05 05:18:00 -
Germany guarantees savings - News.com.au
GERMANY extended a guarantee to all private savings accounts today as Chancellor Angela Merkel said her government is scrambling to salvage a rescue plan for the country's fourth biggest bank. Finance ministry spokesman Torsten Albig said that the ...
2008-10-05 02:11:00 -
Euros 50bn rescue package agreed for German bank - Business Standard
On top of a public-private deal last month to extend a 35-billion-euro (48-billion-dollar) credit line to Germany's fourth biggest bank, the financial sector will offer an additional 15 billion euros, the ministry said. "With this mutually agreed ...
2008-10-05 10:25:00 -
Costlier credit may delay hospitals' construction projects - Detroit Free Press
Faced with paying higher interest rates on bonds that help finance hospital projects and refinance costly older bond debt, some Michigan health systems are holding off on debt-refinancing plans until they see more stability in municipal bond markets ...
2008-10-05 05:32:00 -
Leaders unite, but Germany then goes it alone (The Herald)
On Saturday Germany's Chancellor Angela Merkel was in Paris with EU leaders from France, Italy and the UK where they called for concerted action to overcome the global financial crisis.
2008-10-05 04:21:36 -
Commercial real estate feels pinch (Minneapolis-St. Paul Star Tribune)
Concerns mount for income-producing properties. Tightened credit has slowed the market and cut into refinancing.
2008-10-05 06:41:05 -
Germany, Italy fighting off the global credit freeze (Crikey)
While the German government pours unprecedented sums into its ailing financial sector, Italy is working to keep its second biggest bank liquid, writes Glenn Dyer .
2008-10-05 07:18:35 -
Analysis: NC Democrats stand with Obama (Asheville Citizen-Times)
ASHEVILLE – Sen. Barack Obama’s rally Sunday at Asheville High School offers fresh evidence that North Carolina’s political world has turned upside down.
2008-10-05 09:32:11 -
Illinois, 7 states reach $8.8 billion settlement with Countrywide (Chicago Tribune)
Illinois, 7 states reach $8.8 billion settlement with mortgage giant Countrywide to refinance homes Illinois, California and at least six other states have reached an $8.8 billion settlement of their lawsuits against Countrywide Financial, the biggest subprime mortgage lender, in a deal that should help some 21,000 Illinois residents keep their homes.
2008-10-05 10:00:14 -
BofA in $8.6 billion deal over Countrywide loans: report (Reuters)
(Reuters) - Bank of America has agreed to settle claims brought by state attorneys general regarding certain risky loans originated by Countrywide Financial Corp in a deal that could be worth more than $8.6 billion, the Wall Street Journal said.
2008-10-05 10:16:10 -
Letters for Monday, Oct. 6, 2008 (The Record)
As a country, we've allowed ourselves to be suckered again. Everyone is asking "who won the debate?" as if the United States were nothing more than a debating society.
2008-10-05 10:43:28 -
Experts forecast at least quarter point cut - Financial Times
The Bank of England’s key rate-setting committee will meet this week in the eye of a financial storm that threatens to uproot experts’ predictions for the economy. After a week of shocking news on the economic front and in the money markets ...
2008-10-05 05:25:00 -
Dollar falls below US76c (Herald Sun)
OVERSEAS holidays are tipped to get dearer by Christmas with the Australian dollar now trading below US76c for the first time in two years.
2008-10-05 05:47:00 -
Shares, dollar plummet (The Age)
Stocks sink to three-year lows and dollar crumbles over economy fears.
2008-10-05 06:28:40 -
Stocks sink to 3-year low (Stock & Land)
The Australian stock market has sunk to its lowest since late 2005 as investors became more gloomy about prospects at home and abroad. The dollar also slumped to its weakest against the US dollar in two years.
2008-10-05 06:33:49
