Why is credit still frozen? A Q. & A.
Unless you’ve lost your job in the last 12 months, the recessionary symptom that affected you most directly was the knotting of America’s credit market.
Read more News Source - Fort Wayne Journal Gazette
Publish date - 08:15:59 01/05/09

---

How Citi bailed out an O.C. subprime lender
Troubled banking giant gave home loan help to lender with history of bad debts.
Read more News Source - Orange County Register
Publish date - 22:03:42 01/05/09

---

Bad with the good for real meaning
If you got fired from your job a few years back for treating the company supply closet as your own personal Staples, would it be kosher to simply leave that year and a half off the employment history on your resume?
Read more News Source - The Republican
Publish date - 11:26:41 01/05/09

---

Home Refinancing Is Up In The Triangle
The weak economy has driven interest rates to record low levels, which has caught the eye of some homeowners looking to refinance. Here in the Triangle, refi’s are up because there's still plenty of money out there to lend; but there's a catch. Mortgage officers say the criteria is tighter and lenders aren't offering specialty products like no income loans anymore. In other words, they're ...
Read more News Source - NBC 17 Raleigh
Publish date - 08:43:49 01/06/09

---

Credit Card Companies Take What They Can Get
Credit card companies are rushing to settle even if that means forgiving a portion of some borrowers? debts.
Read more News Source - New York Times
Publish date - 03:50:34 01/03/09

---

2008 hard on banks, others
NEW YORK – While problems in banks’ mortgage portfolios had surfaced some time before, 2008 was the year in which a landslide of deteriorating credit and concerns over capital took down industry stalwarts like Washington Mutual Inc. and Wachovia Corp., and sent stocks plunging to multiyear lows. Photo caption: Wells Fargo & Co. took over Wachovia last year and emerged as the biggest ...
Read more News Source - Fort Wayne Journal Gazette
Publish date - 08:21:02 01/04/09

---

Credit freeze has iced banks' capital
NEW YORK -- While problems in banks' mortgage portfolios had surfaced some time before, 2008 was the year in which a landslide of deteriorating credit and concerns over capital took down industry stalwarts such as Washington Mutual Inc. and Wachovia Corp., and sent stocks plunging to multiyear lows.
Read more News Source - Everett Herald
Publish date - 08:10:33 01/02/09

---

Breaking News | Updated: 1:43pm
Winchester — It’s been called the mortgage crisis, the housing slowdown, the economic downturn, and the credit crunch.
Read more News Source - Winchester Star
Publish date - 08:12:13 01/04/09

---

European Stocks Gain for Sixth Day; BHP Billiton, Next Climb
Jan. 6 (Bloomberg) -- European stocks rose for a sixth straight day as government efforts to revive the global economy overshadowed a slump in U.K. consumer confidence. Shares in Asia and U.S. index futures were little changed.
Read more News Source - Bloomberg
Publish date - 08:49:15 01/06/09

---

European Stocks Gain for Sixth Day; BHP Billiton, Next Climb
Jan. 6 (Bloomberg) -- European stocks rose for a sixth straight day as government efforts to revive the global economy overshadowed a slump in U.K. consumer confidence. U.S. index futures gained, while shares in Asia were little changed.
Read more News Source - Bloomberg
Publish date - 08:27:57 01/06/09

---