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Vishay raises bid to buy chip maker - Daily Local NewsChip maker Vishay Intertechnology Inc. said Wednesday it has raised an all-cash bid to buy power management chip maker International Rectifier Corp. and will take the $1.7 billion offer directly to shareholders. East Whiteland-based Vishay raised its ...
PhillyDeals: Were bailouts the right thing to do? - Philadelphia Daily News"We expect that this money will eventually be paid back," President Bush said. He means the taxpayer-backed arrangements to keep Fannie Mae , Freddie Mac , American International Group Inc. , big banks, money market mutual funds, and over-their-heads ...
Wall Street crisis may spell end of easy consumer credit - Miami HeraldWASHINGTON -- For the better part of 15 years, the U.S. economy roared in part because of innovations in finance that vastly expanded credit to people of all walks of life. It worked in the background like a computer's operating software. Now that ...
In aftermath of financial upheaval on Wall Street, easy credit may be ... - Miami HeraldWASHINGTON -- For the better part of 15 years, the U.S. economy roared in part because of innovations in finance that vastly expanded credit to people of all walks of life and worked in the background like a computer's operating software. Now that ...
Hank Paulson has turned a drama into a crisis - Times OnlineIt looks as if the prophets of doom may have been right after all. With the demise of Lehman Brothers and Merrill Lynch - and the threatened collapse of the world's largest insurance company, American International Group - we are now unquestionably ...
Mortgage firm takeovers called critical step - New Hampshire Union LeaderYesterday's seizure of two major mortgage finance companies, Fannie Mae and Freddie Mac, by the federal government was needed to stabilize financial markets and reduce the negative trickle-down effects being felt right now by New Hampshire families ...
The Hows And Whys Of The Housing Crisis - The BulletinDanny Cachuela leads a real estate team at Prudential Fox and Roach in Newtown Square. With a background in finance, government affairs, marketing and economics, and as a former CEO of an international corporation, Mr. Cachuela offered The Bulletin ...