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- (AFX UK Focus) 2008-11-17 08:30 Market Chatter -- Corporate finance press digest (Interactive Investor)
www.iii.co.uk
LONDON, Nov 17 (Reuters) - The following corporate finance-related stories involving U.S. and European companies were reported by media on Monday: * A restructuring used by Lloyd's, the insurance market that almost collapsed under heavy losses, could be an example for banks suffering under toxic debt and was the prototype of a "bad bank", the chairman of Lloyd's told the Financial Times.
- Rich haven looking for home (Herald Sun)
www.news.com.au
THE Maldives is starting to horde cash in case it has to buy a new homeland because of climate change - and Australia is on the shopping list.
- 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.
- NH House members stay on the fence (New Hampshire Union Leader)
www.unionleader.com
New Hampshire's two Democratic House members -- who voted against the $700 billion financial bailout package on Monday -- won't say how they will vote today when the House takes up the revised legislation.
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