Days could be numbered for Bank of America, Citi CEOs - Economic Times
NEW YORK: The chief executives of Bank of America Corp and Citigroup Inc may be shown the door if the US government decides the $90 billion of capital it has already injected isn’t enough to restore the banks’ health. Kenneth Lewis and Vikram Pandit
Sued by Fontainebleau, banks could cite ‘act of God’ as defense - Las Vegas Sun
A lawsuit brought by officials of the Fontainebleau Las Vegas, pictured at right Tuesday, accuse lenders of breaking the terms of an $800 million loan agreement. Fontainebleau committed “one or more events of default,” Bank of America says. Legal
Banks have tightened their - Midwest Voices
My recent posts . He meets today with representatives of the businesses, which are fighting new regulations that would protect consumers. Given the years of deceptive practices and sky-high interest rates charged by the credit card industry, Obama is
Foreclosed Homes Go Up For Auction In Memphis Area - Eyewitness News
MEMPHIS , TN – While many people look to buy a dream home, a home is all that Thomas Buford wants. Buford is one of hundreds bidding on about six dozen homes in the Memphis area. “I’ve had my fingers crossed for two weeks now.” Buford hopes
Mortgage demand falls despite rates near record lows - USA Today
NEW YORK (Reuters) — Home loan applications fell last week to the lowest level since mid-March, driven by a big drop in refinancing demand even as mortgage rates clung to record lows, according to the Mortgage Bankers Association on Wednesday. A
Deeds vs. Promises: A Scorecard - Wall Street Journal
As president, Obama has largely kept to his campaign commitments, and his expansion of the war effort in Afghanistan has gone well beyond what he discussed on the trail. In February, Obama said he would withdraw all U.S. combat forces from Iraq by
First 100 Days: Obama Nudges Economy, But Policies Stir Fierce Debate - FOX News
Though unemployment is at 8.5 percent and expected to rise even higher, a few signs of recovery are brightening a bleak landscape: Home prices in February didn’t drop as badly as had been expected; big banks are starting to turn a profit; the stock
Jean Chatzky: The best advice never goes out of style - WCPO
There are many forces behind this recession. Over the last several years, our debt load grew faster than our income, we spent more than we made, borrowed more than we could afford, and the lenders happily allowed us to do so. I believe that a lot of
Sen. Tim Johnson leads Congress in campaign contributions from payday - Rapid City Journal
Sen. Tim Johnson leads Congress in the amount of campaign cash received from the payday lending industry, which has ramped up contributions to key lawmakers in response to legislation to limit interest rates on payday loans. The South Dakota Democrat
Days could be numbered for Bank of America, Citi CEOs - Economic Times
NEW YORK: The chief executives of Bank of America Corp and Citigroup Inc may be shown the door if the US government decides the $90 billion of capital it has already injected isn’t enough to restore the banks’ health. Kenneth Lewis and Vikram Pandit
Sued by Fontainebleau, banks could cite ‘act of God’ as defense - Las Vegas Sun
A lawsuit brought by officials of the Fontainebleau Las Vegas, pictured at right Tuesday, accuse lenders of breaking the terms of an $800 million loan agreement. Fontainebleau committed “one or more events of default,” Bank of America says. Legal
Banks have tightened their - Midwest Voices
My recent posts . He meets today with representatives of the businesses, which are fighting new regulations that would protect consumers. Given the years of deceptive practices and sky-high interest rates charged by the credit card industry, Obama is
Foreclosed Homes Go Up For Auction In Memphis Area - Eyewitness News
MEMPHIS , TN – While many people look to buy a dream home, a home is all that Thomas Buford wants. Buford is one of hundreds bidding on about six dozen homes in the Memphis area. “I’ve had my fingers crossed for two weeks now.” Buford hopes
Mortgage demand falls despite rates near record lows - USA Today
NEW YORK (Reuters) — Home loan applications fell last week to the lowest level since mid-March, driven by a big drop in refinancing demand even as mortgage rates clung to record lows, according to the Mortgage Bankers Association on Wednesday. A
Deeds vs. Promises: A Scorecard - Wall Street Journal
As president, Obama has largely kept to his campaign commitments, and his expansion of the war effort in Afghanistan has gone well beyond what he discussed on the trail. In February, Obama said he would withdraw all U.S. combat forces from Iraq by
First 100 Days: Obama Nudges Economy, But Policies Stir Fierce Debate - FOX News
Though unemployment is at 8.5 percent and expected to rise even higher, a few signs of recovery are brightening a bleak landscape: Home prices in February didn’t drop as badly as had been expected; big banks are starting to turn a profit; the stock
Jean Chatzky: The best advice never goes out of style - WCPO
There are many forces behind this recession. Over the last several years, our debt load grew faster than our income, we spent more than we made, borrowed more than we could afford, and the lenders happily allowed us to do so. I believe that a lot of
Sen. Tim Johnson leads Congress in campaign contributions from payday - Rapid City Journal
Sen. Tim Johnson leads Congress in the amount of campaign cash received from the payday lending industry, which has ramped up contributions to key lawmakers in response to legislation to limit interest rates on payday loans. The South Dakota Democrat