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Washington Hospital helps bail out St. Rose - Inside Bay Area
FREMONT — Washington Hospital has approved a $1.5 million grant to help keep St. Rose Hospital in Hayward afloat. The grant, approved last week at the urging of Alameda County health officials, is part of a plan to help St. Rose refinance its debt ...

Beaumont Hospitals to announce turnaround plan - Detroit Free Press
Beaumont Hospitals, long one of the Detroit area’s most financially healthy hospital systems, will announce a financial turnaround plan today, it said in a statement. The hospital system declined further details prior to a 2 p.m. news conference ...

OAKLAND Boys summer camp caught in credit crunch - Morning Sentinel
OAKLAND -- Jon Deren, co-owner of Camp Manitou, a summer camp for boys on East Pond, has had a close encounter with the nation's financial crisis -- and it hasn't been pleasant. Nor has it been enjoyable for the four businesses that filed liens ...

A case of balance as credit card rules change - San Francisco Gate
Sunday, October 26, 2008 The changes will affect American consumers differently, as they carry nearly a trillion dollars of credit card debt, according to Federal Reserve estimates. For the majority of cardholders, who pay off their balances each ...

Citigroup-Wells Fargo, Lancelot, Lehman in Court News (Update1) - Bloomberg
Oct. 9 (Bloomberg) -- Citigroup Inc. and Wells Fargo & Co. won a two-day extension of an agreement suspending federal litigation over the fate of Wachovia Corp. after a lawyer said a ``grand solution'' between bidders was being negotiated. The two ...

European markets drop ahead of Wall Street open - Oakland Press
LONDON (AP) — European stock markets were lower Thursday despite expectations of a modest rebound on Wall Street, after Japan’s Nikkei tumbled more than 11 percent overnight amid mounting anxiety that the world economy is plunging into a deep and ...

U.S. has dwindling number of tools in economic crisis - Oakland Press
The commitment of $700 billion didn’t impress markets here and around the world. Neither did fresh interest rate cuts. Stocks plunged yet again on Thursday. The government still has some unused options — like buying up foreclosed properties and ...

Foreclosures Rose 71% in 3rd Quarter as Prices Fell (Update1) - Bloomberg
Oct. 23 (Bloomberg) -- U.S. foreclosure filings increased 71 percent in the third quarter from a year earlier to the highest on record as home prices fell and stricter mortgage standards made it harder for homeowners to sell or refinance, RealtyTrac ...

McCain campaign outlines mortgage-rescue plan - San Francisco Gate
Thursday, October 9, 2008 Sen. John McCain's plan to help people avoid foreclosure drew praise from liberals for tackling the problem's source, while conservatives called it a government subsidy of irresponsible lenders and borrowers. During Tuesday ...

McCain floats aid for homeowners - Detroit Free Press
WASHINGTON -- Even as the campaign of Republican presidential candidate John McCain pitched his $300-billion plan to help millions of homeowners whose mortgages threaten their finances, aides to Democratic rival Barack Obama rejected the idea as ...

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