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- Credit markets still tight as stocks plunge - Seattle Times
seattletimes.nwsource.com
The jammed credit markets barely budged Monday as governments around the world scrambled to prop up their failing banks and investors waited for details on how, exactly, the Treasury will go about buying $700 billion of U.S. banks' mortgage assets ... - Fed, central banks move to boost global confidence (Greeley Tribune)
www.greeleytribune.com
NEW YORK - The Federal Reserve, working with central banks in Europe, Canada and Asia, pumped as much as $180 billion into money markets on Thursday to combat a seizing up of lending between banks that is intensifying global financial crisis. - Close Call: State of Franklin Savings Bank (Johnson City Press)
www.johnsoncitypress.com
Shareholders learned at a Thursday meeting that the bank had negative net equity after being forced in August to sell a large amount of stock it held in mortgage giants Freddie Mac and Fannie Mae. That was one of many facts contained in a packet provided to shareholders who attended the meeting and obtained by the Johnson City Press. - Early Property Damage Indicates Major Problems for Consumers - dBusinessNews Houston (press release)
houston.dbusinessnews.com
Early Property Damage Indicates Major Problems for Consumers dBusinessNews Houston (press release), TX - 13 hours ago Texas Insurance Commissioner Mike Geeslin has said it will be quite some time before Texans know what the financial damage will be, but it has been ...