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Warning over cuts in credit card lines Banks trying to reduce their exposure to losses on credit card loans are driving some borrowers deeper into trouble, say credit counsellors and analysts FTBarack Obama appeals to the 'good guys' of Wall Street in $1 trillion rescue$ Barack Obama's Administration will announce its latest economic rescue plan today by offering private investors vast government-backed loans to buy as much as $1 trillion of toxic assets from America$'s stricken banks. Times OnlineBrown plans global scrutiny of tax havens Brown's plan for tax havensTax havens will be forced to submit themselves to international scrutiny under plans to tackle their culture of secrecy being proposed by Gordon Brown.Despite a rearguard action by tax havens, the prime minister intends next week's G20 summit to discuss plans for a multilateral exchange of information on 'offshore' accounts.Brown will also propose using the International Monetary Fund and World Bank to boost the world economy as he seeks to focus on greater international cooperation, rather than divisions between the US and European governments over whether the financial system needs more fiscal stimulus or more regulation. G20 finance ministers discussed a crackdown on tax havens at their talks last weekend and Brown has told Britain's international partners that he wants to build on proposals from the Organisation for Economic Cooperation and Development (OECD) to 'make sure tax secrecy is a thing of the past'.Brown would like the Paris-based OECD to work o GuardianU.S. - with firms - to buy `bad` assets The Obama administration on Monday will formally unveil a program to help banks clean up their books by subsidizing private investors' purchase of troubled assets. CNNLooking Good on More Than Paper Great american companies are under stress and cutting dividends. General Motors is openly discussing bankruptcy. Another General, this one Electric, slashed its dividend. Venerable Goldman Sachs has morphed into a commercial bank and took government bailout money. Remember the legendary Lehman Br... Washington PostFurther subprime blow as RBS faces losing £500m on Cattles ROYAL Bank of Scotland risks losing between £400 million and £500m on its exposure to Cattles, the subprime doorstep lender, struggling under £2.4 billion of debt, it has eme Scotsman |
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Feedzilla is a news aggregator which categorizes news stories by topic. It is a platform where webmasters and bloggers can find an unmatched selection of easy to use, automatically updating and professional news widgets for their sites. Feedzilla supports the building of widgets in various formats, as well as allowing the addition of news widgets to different blogging platforms and social networks.
Feedzilla manually aggregates news summaries found in RSS feeds, and redistributes them in either RSS format or as a news widget. Content is collected 24 hours a day, 7 days a week from an ever-growing list of providers.
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9th of September 2009 - Interview of Feedzilla's founder at the IFA in Berlin. [More]