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| Small business loan guarantee - Stocks rally on word of government rescue plan |
| Friday, September 19, 2008 |
Stocks rally on word of government rescue plan - New York Daily News Wall Street extended a huge rally Friday as investors stormed back into the market, relieved that the government plans to rescue banks from billions of dollars in bad debt. The Dow Jones industrials rose nearly 360 points, giving them a massive gain Source: www.nydailynews.com Morgan Stanley mulling deals with CIC, Wachovia: Reports - Hindustan Times Morgan Stanley, one of just two remaining independent investment banks on Wall Street, was reportedly seeking protection from the financial turmoil on US markets by entering talks with Wachovia Corp and small business loan guarantee the Chinese state investment fund on Thursday Source: www.hindustantimes.com Shares of national banks soar on government plans - MSN MoneyCentral Citigroup Inc ( C ) Stock Quote , Chart , News , Add to Watchlist NEW YORK (AP) - Shares of national banks soared in early trading Friday, extending the previous session's rally, as investors cheered the government's plans to rescue banks from Source: news.moneycentral.msn.com Study: U.S. financial aid fails students who need it most - Christian Science Monitor The United States government spends upward of $86 billion a year on grants, loans, work aid, and small business loan guarantee tax benefits for college students. But the patchwork system is a barrier to many who are academically qualified for college, say a group of policy Source: www.csmonitor.com Would a Resolution Trust Corp.-type solution work? - Los Angeles Times Bankers, politicians and small business loan guarantee economists grasping for ways to address the financial crisis are rallying behind a solution with its roots in the savings and small business loan guarantee loan debacle of the 1980s -- the creation of a single government agency to buy up billions in bad Source: www.latimes.com WaMu Surges as Bidders Circle, Short-Sellers Attacked (Update1) - Bloomberg Sept. 19 (Bloomberg) -- Washington Mutual Inc. , the savings and small business loan guarantee loan seeking a buyer after its stock price tumbled, surged in New York on reports six potential bidders were interested and small business loan guarantee as the government announced plans to halt the credit-market Source: www.bloomberg.com Brough made available on loan - This is South Cotswolds TORQUAY United manager Paul Buckle has made former Forest Green midfielder Michael Brough available for loan. Brough was Buckle's first signing of the summer from Forest Green, but the 27-year-old has only played once this season Source: www.gazetteseries.co.uk
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| posted by @ Friday, September 19, 2008 |
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| FACTBOX: A week that changed Wall Street and |
| Saturday, September 20, 2008 |
FACTBOX: A week that changed Wall Street and small business loan guarantee beyond - Reuters NEW YORK (Reuters) - Wall Street's landscape was transformed in the past week and small business loan guarantee the government made an unprecedented intervention to prop up chaotic financial markets. Here is a chronology of key events in probably the most tumultuous seven days in Source: www.reuters.com Billions for Wall Street bailout will handcuff next president - Detroit Free Press WASHINGTON The next president will take office in January with little hope of getting his pet programs enacted quickly, if at all, because of already-massive budget deficits likely to balloon even further from the hundreds of billions expected to Source: www.freep.com Big bailout: Where things stand - CNN Money NEW YORK (CNNMoney.com) -- The federal government is on the verge of instituting the most sweeping intervention in the financial markets since the Great Depression. Details remain scarce as the Bush administration and small business loan guarantee Congress work to hammer out the Source: money.cnn.com Lending's Blind Spot - Washington Post Global stocks have experienced wild fluctuations this week in the wake of the U.S. government's seizure of insurance giant American International Group, the failure of Lehman Brothers, the disappearance of Merrill Lynch as an independent company and small business loan guarantee Source: www.washingtonpost.com Bush unveils $500-billion plan to end loan crisis - Detroit Free Press WASHINGTON -- Struggling to stave off financial catastrophe, the Bush administration laid out a radical bailout plan Friday with a jaw-dropping price tag -- a takeover of a half-trillion dollars or more in worthless mortgages and small business loan guarantee other bad debt held Source: www.freep.com
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| posted by @ Saturday, September 20, 2008 |
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