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Help should be on the way for auction-rate buyers
USA Today- 8/28/2008 7:55:44 AM
Q: My broker sold me an auction-rate security, telling me it was government-guaranteed. I can't get my money.
Thrifts' $5.4B 2Q loss sets record
Bradenton.com- 8/28/2008 7:45:45 AM
U.S. thrifts lost $5.4 billion in the second quarter and set aside a record amount to cover losses from bad mortgages and other loans.
Nearly 1 million bankruptcies filed
LA Daily News- 8/28/2008 7:19:13 AM
Nearly 1 million individuals and businesses filed for bankruptcy in the 12 months ended June 30, according to U.S. Court data released Wednesday.
Gulf storm stirs fears of oil production problems
Indianapolis Star- 8/28/2008 6:14:49 AM
Oil prices rose for a third consecutive day Wednesday as Tropical Storm Gustav posed the biggest threat to Gulf Coast energy production since hurricanes Katrina and Rita hit in 2005.
Help should be on the way for auction-rate buyers
USA Today- 8/28/2008 5:26:57 AM
Q: My broker sold me an auction-rate security, telling me it was government guaranteed.
Ny Ag confirms probe into Goldman, Fidelity
PR-inside.com- 8/28/2008 5:08:14 AM
The New York attorney general's office said Wednesday it is investigating whether Fidelity Investments was given incentives by Goldman Sachs Group Inc.
Gustav likely to bring higher pump prices
International Herald Tribune- 8/28/2008 3:31:08 AM
HOUSTON : The brief respite for consumers at the gasoline pump may come to an abrupt end if Tropical Storm Gustav slams into the petroleum-rich Gulf Coast and its numerous refineries, just as Americans begin ...
Fannie Mae shakes up management team
Washington Times- 8/28/2008 3:20:24 AM
Mortgage finance giant Fannie Mae shook up its executive ranks Wednesday, after shares in it and sibling company Freddie Mac rose for a third straight day as investors appeared less certain a government bailout ...
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