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business - "credit"
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CEO predicts distress from credit crisis will lingerDistress from credit crisis will linger, CEO predicts
Business flak for Bank of England as interest rates kept on holdTHE Bank of England came under fire last night for not reducing interest rates at a time when homeowners and consumers are suffering the effects of the global credit crunch.
AIG posts 1Q loss of $7.8B, plans to raise $12.5B in capital (AP)AP - American International Group Inc. said Thursday that it swung to a first-quarter loss of $7.81 billion because of losses tied to credit swaps and mortgage-related operations and that it plans to raise a total of $12.5 billion in new cash to shore up its capital base.
Bankruptcies and defaults gather paceThe number of companies defaulting on their junk-rated debt and filing for bankruptcy in North America is running at its fastest pace in five years amid the slowing economy and contraction in credit markets
DT says it has credit for more takeoversDeutsche Telekom shrugged off the credit market turmoil by noting it could easily draw on upwards of ?20bn ($30.8bn) for takeovers without endangering its investment-grade rating
Realty Q&A: Troubled investor wonders if ARM calculations are correctI am not behind (on my mortgage) but am getting there quickly. If I ask for a loan modification, ask to give up the deed to my house in lieu of foreclosure or agree to a short sale, would this show on my credit?
PerformanceCars: PerformanceCars: 19th Annual One-Day Car and Loan SaleVANCOUVER, BRITISH COLUMBIA (MARKET WIRE) PerformanceCars and Meridian credit Union announce their 19th Annual One-Day Car & Loan Sale, Saturday, May 10th, 2008 at all PerformanceCars dealerships in St. Catharines-Niagara.
Greenspan says worst of credit crisis over: sourcesNEW YORK (Reuters) - Former Federal Reserve Chairman Alan Greenspan said on Thursday that the worst of the credit crisis is over, according to sources who attended a speech he delivered in New York.
AIG Loses $7.8 billion in Q1NEW YORK (AP) -- American International Group (AIG) says it swung to a $7.81 billion loss during the first quarter due to losses in credit swaps and mortgage-related operations.AIG says it lost $3.09 per share, compared with earnings of $1.58 per share, or $4.13 billion, during the year-ago period....
Management MagazineCredit Union Management magazine's Web-only CFO Focus on Line column runs the second Thursday of every month. topix.net Thursday, May 08, 2008
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Archived "business - credit" news stories.
 Available news archives.
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