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Treasury Said to Invest $250 Billion in U.S. Banks (Update3) - BloombergOct. 14 (Bloomberg) -- The U.S. will invest about $125 billion in nine of the nation's biggest financial institutions, including Citigroup Inc . and Goldman Sachs Group Inc. , as part of a $250 billion effort to shore up the banking system. The ...
US treasury to buy shares in nine banks - IndependentWells Fargo is one of nine US banks to receive government investment. Photo: Justin Sullivan/Getty Images The U.S. will invest about $125 billion in nine of the nation's biggest financial institutions, including Citigroup Inc. and Goldman Sachs Group ...
Letters to the Editor: Oct. 12 - Record SearchlightThis proposition does not seek to "protect marriage" but to "define marriage." Is it possible that you do not see the long-range ramifications this will have on many of our institutions if it does not pass? California has very strict anti ...
U.S. Stocks Advance as Rally in Banks Overshadows Drop in Jobs - BloombergSept. 5 (Bloomberg) -- U.S. stocks gained, paring the worst weekly loss for the Standard & Poor's 500 Index since May, on speculation Lehman Brothers Holdings Inc. will raise capital and investor Barton Biggs' prediction the market is near a bottom ...
The Credit Squeeze Hits Global Properties - BusinessWeekby Carol Matlack First came the U.S. housing bust. Now comes the overseas aftershock. As the global financial system reels from the credit crunch, skyscraper projects have stalled in London, Tokyo developers have gone belly-up, and Indian office ...
Tennessee program may save homes - Nashville TennesseanA state agency has created a new lending program that will start Oct. 1 with the goal of saving people with adjustable-rate mortgages from losing their homes. The Tennessee Housing Development Agency estimates that hundreds of people statewide will ...
WaMu becomes biggest bank to fail in US history - Lompoc RecordWashington Mutual customer Kyle Davidson talks on his cell phone as he withdraws some money from the ATM at a Washington Mutual branch at the WaMu Center in Seattle Thursday Sept. 25, 2008. JPMorgan Chase & Co. Inc. came to the rescue of ailing ...
Washington Mutual: Biggest U.S. bank to fail - MLive.comAP Photo Washington Mutual customer Kyle Davidson talks on his cell phone as he withdraws some money from the ATM at a Washington Mutual branch at the WaMu Center in Seattle Thursday. NEW YORK -- As the debate over a $700 billion bank bailout rages ...
Council opens first-floor options - Hawk EyeThe Burlington City Council sided with the board of Downtown Partners Inc. and nixed a restriction on ground floor residential development for businesses along Jefferson Street. During a meeting Monday, council members unanimously approved revising ...
Some Icon buyers want out of deal - Nashville TennesseanBuyers would later describe it as a frenzy, the feeling that they had to get their hands on a new product that was going fast. As Tom Petty and the Heartbreakers' "Into the Great Wide Open" and Lou Reed's "Walk on the Wild Side" played over ...