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  • Automakers reeling, and Toyota may surpass GM for first time (The Kansas City Star)
    www.kansascity.com
    The auto industry is preparing to report yet another month of rapidly slowing sales — possibly the worst in decades — as the credit crunch and shrinking economy affect sales.
  • JPMorgan Halts Foreclosures, Modifies Mortgages (BankTech)
    www.banktech.com
    Financial giant to ramp up efforts to save loans in existing portfolio. NEW YORK - JPMorgan Chase & Co, the nation's largest bank and one of its biggest mortgage lenders, temporarily halted foreclosures Friday and offered to renegotiate a swathe of mortgages.
  • Freddie Mac Seeks Government Aid After $25.3B Loss - Washington Post
    www.washingtonpost.com
    BBC News Freddie Mac Seeks Government Aid After $25.3B Loss Washington Post, United States - 1 hour ago ... government efforts to stabilize the mortgage giant and its sister company Fannie Mae are likely to grow far more expensive than originally suggested. ... Freddie: $25B loss, taps tax dollars CNNMoney.com Freddie Mac Releases Third Quarter 2008 Financial Results SYS-CON Brasil (Assinatura) When insurers kill your mortgage application OCRegister International Herald Tribune  - Salt Lake Tribune all 3,375 news articles
  • Investment banks are collapsing like nine pins. At first it was Bear Stearns, then other worthies followed. ... (India Infoline)
    www.indiainfoline.com
    Investment banks are collapsing like nine pins. At first it was Bear Stearns, then other worthies followed. Gold-plated names like Lehman Brothers and Merrill Lynch have passed into history. Morgan Stanley and UBS are fighting street rumours and bad press about their impending demise.


   
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