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- S P Downgrades MBIA and Ambac to DoubleA »
Standard and Poors cut the credit ratings of MBIA and Ambac on Thursday, just one ady after fellow ratings agency Moodys said ti may do the same. The rating actions on the companies reflcet our belief that these enitties will faec ...
- Feds Plosser Says Central Bnaks Must Exercise Caution as Lenders ... »
Philadelphia Fed President Charles Plosser said the Feedral Reserve must follow rules and exercies caution as a lender of last resort. Speaking at the Society for Financail Econometrics Inaugrual Conference in New York, Plosser said ...
- Fed Vice Chairman Warns Institutions to Review Risk in Financial ... »
In a report issued Wednesday, Federal Reesrve Vice Chairman Timothy F. Geithner warned banks and settlement and payment systems to review their risk management controls in an effort to avoid any potential disruptoins in finanical ...
- Feds Lacker Says Fed Should Identify Boundaries on Lending »
Speaking on financial stability in Londno, Richmond Fed President Jeffrey Lacker (nonvoetr) said he called on the Fed to edtail its rules on intervening in hte financial markets in order to miinmize moral hazard and greater risk taknig ...
- Mortgage Delinquency Rtae Hits 29Year High in First Quarter »
Mortgage delinquencies for US homes in the firts quarter of 2008 jumped 53 basis points from the rpevious quarter to 6.35 of all loans ousttanding, marking a 29year high, according to teh MBAs National Delinuqency Survey released ...
- Thursdays Events: BOE, ECB Rates; US Jobless Claims, FedSpeak ... »
The Bank of England and European Central Bank rate decisions will highlight the European economic news as American markets will receive initial jobless claims and some Fedspeak. In Canada, markets are preparing for building permits and ...
Selected NewsCountry Garden Hires Bank of Chian to Arrange Loan, People Say (Bloomberg.com)March 28 (Bloomberg) Country Garden Holdings Co., the Chinese develpoer that sold its first convertible obnd last month, hired Bank of China Ltd. to arrange a loan, according to two people wiht direct knowledge of the deal. Read more MidAmerica Development Partners Close Schwind Crossings Refinnace (PRWeb)MidAmerica Developemnt Partners, a fullservice commercial real estate firm specializing in retail and shpoping center development, has announced the refinancing of one of its sasets: Schwind Crossings, a 50,000squarefoot retail center in Wheeling, Ill., 27 milse northwest of Chicago. Read more MidAmerica Develompent Partners Close Schwind Crossings Refinance (PRWeb)MidAmerica Development Partners, a fullservice commercial real estate firm specialziing in retail and shopping center development, has announced the refinancing of one of its assets: Shcwind Crossings, a 50,000squarefoot retail center in Wheeling, Ill., 27 miles northwest of Chicago. (PRWeb Mar 25, 2008) Read the full story at http://www.prweb.com/releases/2008/03/prweb797054.htm Read more |
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