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- cbs2.com
Credit Card Companies Cracking Down On Bad Debt (CBS 2 Los Angeles) The impact of ultra-tight credit markets is hitting your credit cards, and you might not even realize it. Behind the changes is the simple fact that lenders want to protect themselves from bad debt, so they're tightening standards and practices in hopes of avoiding defaults by credit card users.
- www.themonitor.com
Judge says loss in AIG scheme exceeds $500 million - McAllen Monitor NEW HAVEN, Conn. (AP) - A federal judge has ruled that shareholders of American International Group Inc. lost more than $500 million as a result of a scheme to manipulate the financial statements of the world's largest insurance company. The ruling ...
- www.bloomberg.com
Planemakers May End Up With 200 `Whitetails' Amid Credit Crunch - Bloomberg Nov. 6 (Bloomberg) -- Airbus SAS and Boeing Co. may end up with as many as 200 new planes without buyers next year because airlines are unable to obtain funds to pay for them amid a global credit squeeze, a consultant said. ``There's a funding gap ...
- www.journalstar.com
Lessons Learned: We need a load of perspective - Lincoln Journal Star The lady, who’s been an investor for 64 years, called to talk about two financial stocks she’s owned for years and years. Both are massive bank holding companies that acquired Lincoln-based banks during the past 20 years. “I stay with the old ...
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