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Troubled Mortgages Jump For Fannie In October
A monthly report from the government-supported mortgage finance firm said that delinquency rates rose to 1.89% in October, from 1.72%.
Forbes

China: strategy to beat global financial crisis: jobs, politics ... - Cleveland Indy Media
China: strategy to beat global financial crisis: jobs, politics ...Cleveland Indy Media, OH - 4 hours agoby globalization, finance, politics forum Tuesday, Dec. 30, 2008 at 7:41 PM How is global financial and economic crisis reshaping world politics, finance, ...
Info 5000

UPDATE 1-McClatchy gives Miami land buyer six more months
NEW YORK, Dec 30 (Reuters) - Miami Herald publisherMcClatchy Co has given Citisquare Group LLC six moremonths to buy 10 acres of land that it had agreed to acquirefrom the U.S. newspaper publisher so it can arrange financingduring the protracted world financial crisis.
Reuters

Fed to start buying mortgage securities in early January
SAN FRANCISCO (MarketWatch) -- The Federal Reserve said late Tuesday it will begin buying mortgage securities backed by Fannie Mae , Freddie Mac , and Ginnie Mae in early January. The Fed said it 'has selected private investment managers to act as its agents in implementing the program,' which is 'separate and distinct from the U.S. Treasury's program.' The purchases will be financed through the creation of additional bank reserves, the Fed said.Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.
MarketWatch.com

GMAC, GM move to boost car loans
AUTO financier GMAC and General Motors will offer 'subprime' car loans and zero per cent financing in a bid to boost car sales.
The Australian

US stocks rally as GMAC gets financing
New York, Dec 31 (Xinhua) Wall Street staged a big leap Tuesday after the US government announced a $6 billion bailout-package for General Motors' financing arm GMAC.
bignewsnetwork.com

Treasury Bails Out GMAC With $6 Billion
The Treasury Department said that it will provide $5 billion to GMAC Financial Services LLC, the ailing financing arm of General Motors Corp., from the $700 billion bank rescue program.
CBC.ca

GMAC receives gov`t aid
The U.S. Treasury threw another lifeline to General Motors Corp.’s financing arm GMAC LLC this week by announcing the department will acquire $5 billion in senior preferred equity with an 8 percent dividend from GMAC, the treasury department said Tuesday. (GM)
bizjournals

Financial Statement Analysis: A Valuation Approach (Pie) (Paperback) newly tagged ``accounting``
Financial Statement Analysis: A Valuation Approach (Pie) (Paperback)By Leonard C. Soffer Buy new: $147.2014 used and new from $43.99 Customer Rating: First tagged 'accounting' by Alex Ferrugia Customer tags: accounting, corporate finance
Amazon

The return of the `real` economy (at FT.com)
The opposite of real is fake and, after this tumultuous year, fake is how many now see the counterpart of the 'real' economy, finance. Finance, however, for all the abuses and excesses, is not inferior to 'real companies that make things'.
ft.com

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