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Borrowers are still borrowing, for now - Herald Tribune
With a credit crisis roiling in what some describe as the greatest threat to the economy since the Great Depression, some might view Frank Benz as an endangered species. The 36-year-old sanitation truck driver just moved into his first home, a two ...

In Wachovia, Citi Deal, Did S&C Overlook Some ‘Small Stuff’? - Wall Street Journal
After hearing news this morning of Wells Fargo’s $15.4 billion takeover of Wachovia, we figured there’d be some legal fallout. After all, it was only days ago that the world thought that Wachovia had reached a $2.16 billion deal with Citigroup ...

Horoscope • Jeraldine Saunders - San Jose Mercury News
BIRTHDAY GUY: Actor Tom Felton was born in London on this day in 1987. This birthday guy may be best remembered as Harry Potter's rival Draco Malfoy in the "Harry Potter" film franchise. Other movie credits for the young actor include "The Borrowers ...

House prices 'to reduce by 25%' - BBC News
Nationwide is by far the UK's biggest building society and is closer to the housing market than many others. Over the course of the business cycle it provides slightly fewer than one in ten of all the mortgages in the UK - though its recent share of ...

Borrowing Binge Weakens Europe's Companies as Recession Looms - Bloomberg
Sept. 8 (Bloomberg) -- European companies may be living on borrowed time. A decade of investing more than they've earned in profits has loaded corporations in the 15-nation euro area with debt, leaving them a thinner cushion than their U.S. and ...

Consumer Groups Push Tax Relief for Homeowners in Bailout - Wall Street Journal
Consumer groups are pressing Congress to extend tax relief to a broader group of troubled homeowners as part of any financial industry bailout plan. Homeowners can incur a tax bill if the mortgage company reduces their loan amount, forecloses on the ...

Bumpy Ride Ahead for Bankers - Inside Higher Ed
The Democratic takeover in Congress was a hot topic Wednesday at the Consumer Bankers Association Student Lending Conference in Arlington, Va. The leadership change comes at a time when Congress has yet to pass the renewal of the Higher Education Act ...

Euro region's debt woes - The Age
European companies may be living on borrowed time. A decade of investing more than they've earned in profits has loaded corporations in the 15-nation euro area with debt, leaving them a thinner cushion than their US and Japanese counterparts as the ...

European companies may be living on borrowed time - Turkish Daily News
A decade of investing more than they've earned in profits has loaded corporations in the 15-nation euro area with debt, leaving them a thinner cushion than their U.S. and Japanese counterparts as the world economy slumps. Companies including France's ...

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