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'80s Revisited?
Published November 23, 2008, 3:23 am, Yankton Press & Dakotan
EDITOR’S NOTE: This story is Part 1 of 2 on the effects of the recession on farming.
Debt guarantee programme altered in US
Published November 22, 2008, 10:22 pm, The Economic Times
The US regulators on Friday changed a Federal Deposit Insurance Corp debt guarantee programme to help unfreeze credit markets by encouraging American banks to issue hundreds of billions of dollars in new debt.
The ins and outs of filing for personal bankruptcy
Published November 22, 2008, 9:14 pm, The Post and Courier
The American Bankruptcy Institute expects worsening economic conditions to drive up the number of consumer filings this year to their highest level since stricter rules went into effect in 2005. Here's a primer on the process.
Gift Cards' Value May Be Swiped
Published November 22, 2008, 9:00 pm, The Tampa Tribune
There's a new realization that holding a gift card from a troubled retailer is like having a bank account without FDIC insurance.
The debt diet: ways to trim unsightly bills
Published November 22, 2008, 8:28 pm, The Kansas City Star
Carrying around a few thousand dollars in credit-card balances may have seemed perfectly acceptable a few months ago. But in this financial crisis, it can be downright dangerous to your financial health.
Georgia schools chief Cox files for bankruptcy
Published November 22, 2008, 1:33 pm, Atlanta Journal-Constitution
One of Georgia's top elected officials is feeling the pain of the housing industry slump in a very personal way. State Schools Superintendant Kathy Cox and her husband, a homebuilder, last week filed for personal bankruptcy, citing more $3.5 million in liabilities and less than $650,000 in assets, according to court documents. Most of the debt relates to John Cox's business, Pebble Hill Homes, ...
Hints of Relief From the Siege
Published November 22, 2008, 1:16 pm, The Hendersonville Times-News
Reports that Timothy F. Geithner would lead the Treasury Department were seen as a sign of continuity to a new administration.
Help From Friends Boosts Loan-Challenged
Published November 22, 2008, 12:03 pm, FOX 29 Lake Charles
DENVER -- Good credit and a stable job should have been enough for Matt Schilling to get a low interest rate on a bank loan to fix his Jeep. Despite the tough economy, the 27-year-old figured he would find an affordable note with ease. Schilling wanted to replace a blown engine.
The Gift Card Comes Wrapped in Growing Risk
Published November 22, 2008, 10:51 am, New York Times
You are an unsecured creditor if you are in possession of a gift card. And you may be right to feel pretty insecure.
FDIC OKs backing for bank debt, deposits
Published November 22, 2008, 4:55 am, Washington Post
WASHINGTON -- The FDIC will guarantee up to $1.4 trillion in U.S. banks' debt for more than three years as part of the government's financial rescue plan.
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