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| Small business accept credit cards - Lloyds seals $22 billion rescue deal for HBOS |
| Thursday, September 18, 2008 |
Lloyds seals $22 billion rescue deal for HBOS - San Diego Union-Tribune
LONDON Lloyds TSB sealed a rescue takeover of HBOS Plc on Thursday to create a dominant British mortgage and small business accept credit cards savings bank in a $22 billion deal helped through by the government. A change in competition law ensured the credit crunch did not claim
Source: www.signonsandiego.com
For AIG, $85 billion might not be enough - Times of India
NEW YORK: American International Group's deal with the government is a bankruptcy liquidation in all but name, and small business accept credit cards the $85 billion it has borrowed may not be enough extra money to pay off all its obligations, particularly in its derivatives books
Source: timesofindia.indiatimes.com
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| posted by @ Thursday, September 18, 2008 |
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