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Ecuador auditor says debt irregular, urges default - Buffalo News
The official overseeing an audit of Ecuador's foreign debt said his committee has found irregularities tied to almost all of the country's bonds and will recommend that it default on its $10.3 billion in debt. After a yearlong investigation, auditors ...

Omaha to issue $18 million in new bonds for city improvements - Omaha World-Herald
The City of Omaha is moving ahead with plans to sell bonds to pay for street, sewer and other improvements. The city will attempt to sell $18 million in new bonds today. Officials had been unsure whether the sale would take place because of turmoil ...

Gov't considers changes to mortgage program - Buffalo News
The government may let more borrowers qualify for a $300 billion program designed to let troubled homeowners swap risky loans for more affordable ones, a top Bush administration official said Wednesday. The program, included in a housing bill passed ...

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