Detroit CEOs take road less traveled to Washington FXstreet.com The Foreign Exchange Market, Spain - 22 minutes ago Chrysler is seeking an emergency $7 billion bridge loan. The auto executives' private-jet trips to the Capitol became fodder for late-night television ...
GM in desperate plea for $18bn to stay afloat Belfast Telegraph, United Kingdom - 6 minutes ago The congressional loan applications posted yesterday by the Big Three US car makers involve as much political symbolism as they do genuine corporate ...
GM seeks $4 billion government loan Washington Times, DC - 23 minutes ago General Motors says it needs a $4 billion loan from the federal government immediately, the Detroit Free Press is reporting. Otherwise the automaker will be ...
Fitch to Seek Third Party Due Diligence for New US RMBS Business Wire (press release), CA - 27 minutes ago NEW YORK--(BUSINESS WIRE)--Poor underwriting quality during mortgage loan origination was one of the major causes of the severe underperformance in US RMBS ...
Cramer's 'Mad Money' Recap: Taking Fear Out of the Equation TheStreet.com - 32 minutes ago ... the buying of mortgage backed bonds and individual mortgages and offering to back trillions in loan guarantees, the government is doing everything it ...
Fed officials play down risk of deflation IT Business Net, CA - 23 minutes ago ... downturn worse because assets dropped in value relative to the loans with which they were purchased, causing loan defaults and bank failures to soar. ...
Chrysler Needs $7B By End Of 08 WWJ, MI - 17 minutes ago Chrysler 's Chairman and CEO, Robert Nardelli says they need a $7-billion dollar bridge loan by the end of 2008 in addition to $6 billion from an ...
Big Three prepare bailout plans, as sales continue to slide Steel Business Briefing (subscription), UK - 24 minutes ago Ford Motor Co is asking for access to up to $9bn in bridge financing, but said it "hopes to complete its transformation without accessing the loan should ...
Security tops India Inc.'s concerns after attacks PR-Inside.com (Pressemitteilung), Austria - 12 minutes ago That could come in the form of higher bond yields and loan rates. One cannot say it's nothing and Mumbai goes on, he said. Long term, there will be real ...
Automakers Make Their Bailout Pitches CBS 2, CA - 23 minutes ago Mulally and Wagoner both said they'd work for $1 per year if their firms took any government loan money, while Ford offered to cancel management bonuses and ...
GM says needs fast $4 billion from US to survive U.S. Daily, ca - 15 minutes ago REUTERS/Jessica Rinaldi DETROIT (Reuters) - General Motors Corp warned the US government on Tuesday that it needs a $4 billion loan by the end of December ...
Security tops India Inc.'s concerns after attacks Forbes, NY - 14 minutes ago That could come in the form of higher bond yields and loan rates. "One cannot say it's nothing and Mumbai goes on," he said. "Long term, there will be real ...
Cut in credit lines Straits Times, Singapore - 13 minutes ago ... that is set to be adopted in 2010, saying restricting lenders' ability to reprice an unsecured loan will cause them to stop lending or to lend less. ...
General Growth gets loan extension Milwaukee Business Journal, WI - 24 minutes ago General Growth Properties Inc., developer of the long-delayed Elk Grove Promenade, has received a two-week extension on $900 million in mortgage loans that ...
Big Three survival bailout requests rise to $34B Anderson Herald Bulletin, IN - 30 minutes ago Mulally and Wagoner both said theyd work for $1 per year something Chryslers plan said Nardelli already does if their firms took any government loan ...
Strategic loan recoveries 'optimistic' Manawatu Standard, New Zealand - 26 minutes ago By DAVID HARGREAVES - BusinessDay.co.nz | Wednesday, 03 December 2008 Strategic Finance management's view of expected loan recoveries during the ailing ...
