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Pressure On Citigroup Builds, Shares Fall Below $4 - Associated Press
new york (ap) -- pressure intensified on citigroup to sell part or all of itself as its stock fell below $4 a share on friday and fears escalated about future loan losses. ceo vikram pandit told managers earlier in the day he opposes breaking up the ...
hosted.ap.org

300,000 Londoners Face Negative Equity Trap
hundreds of thousands of london home owners are heading for negative equity as the economy slides inexorably towards the uncharted territory of deflation.
www.thisislondon.co.uk

A Bad Economy May Benefit Franchises
learn what drives franchise sales, even in a slowing economy.
www.entrepreneur.com

Latin America Combats Credit Crunch - Forbes
the global financial crisis is taking a toll on latin american economies and their financial systems that will lead to a sharp reduction in lending for the remainder of this year and in 2009. in a bid to reduce the negative impact on economies and ...
www.forbes.com

Recession: We Need Private Equity To Weather The Storm - Daily Telegraph
private equity funds have been on a buying spree of household names such as boots photo: afp remember private equity? a couple of years ago, private equity groups such as kkr and blackstone came under political scrutiny, amid accusations of asset ...
www.telegraph.co.uk

Sellers Confident, Buyers Not: Area Home Sales Stall
this is supposed to be a buyer's market: lots of houses are for sale, so the supply/demand scales should be tilted toward the consumer.
www.philly.com

Weak Economy, Falling Home Prices Leave Recent Buyers In A Bind
as the housing boom of 2005-2007 has gone bust, falling values have left the buyers of a fourth of all homes purchased in this area during the past five years owing more than their homes are believed to be worth.
www.jacksonville.com

News Is All Bad - The Australian
the treasury-generated forecasts that the australian economy will grow 2 per cent this financial year are rubbery and are being overtaken as the global credit crunch hits home. the forecasts are likely to prove optimistic because of a natural ...
www.theaustralian.news.com.au

Nov 17, 1:26 Am Est - Associated Press
bangkok, thailand (ap) -- asian stock markets were narrowly mixed monday as confirmation japan had slipped into recession emphasized the gloomy outlook for the world economy. a weekend meeting of world leaders in washington to discuss reform of the ...
hosted.ap.org

It's Bad Idea To Use Credit Card To Pay Mortgage
dear debt adviser, i have a mortgage of $213,000 on a home valued at $276,000. my credit score is 713.
www.goerie.com

It's Not A Bad Housing Market For Everyone In Dublin
the stats are grim, but there is a silver lining.the construction of new homes nationwide fell for the fourth month in a row in october, tumbling 4.5 percent.
www.contracostatimes.com

When Couples Split, The Home Is A Hot Potato - Miami Herald
''when people are stuck in a house, so much gets put on hold,'' said robin, the boca raton mediator. ``they are living in limbo. they are not really free to date other people.'' fed up with the unexpected company, the wife finally agreed to sign over ...
www.miamiherald.com

The Bad Economics Of Stopping Gay Marriage - Salon
in the gospel of mark, 8:36, it reads "for what shall it profit a man, if he shall gain the whole world, and lose his own soul?" how the world works proposes an updated version: "for what shall it profit a christian nonprofit, if it stops gay ...
www.salon.com

It's Not Hank's Mess, But He's Doing Well On Cleanup
poor hank paulson doesn't deserve the drubbing he's been getting.
www.washingtonpost.com

Fha-backed Loans: The New Subprime
as if they haven't done enough damage. thousands of subprime mortgage lenders and brokers -- many of them the very sorts of firms that helped create the current financial crisis -- are going strong. their new strategy: taking advantage of a long-standing federal program designed to encourage homeownership by insuring mortgages for buyers of modest means.
news.yahoo.com

Treasury Says 'oops, My Bad' - Herald Tribune
one sometimes gets the sense, when watching the ever-evolving response of our federal government to the financial and economic crisis, that sometimes they are just making it up as they go along. that sentiment was most evident on wednesday when u.s ...
www.heraldtribune.com

Investec: Time To Batten Down The Hatches - Itweb
investec hunkers down for the financial storm. [ johannesburg, 14 november 2008 ] - as the world economy groans under the weight of the financial system meltdown, investec ( jse: inl ) is assuming a more defensive position, increasing capital ...
www.itweb.co.za

Letters To The Editor
i appreciated (fifth district councilwoman gerrie) schipske’s comments (“spit & argue,” nov. 13). i voted no (on measure i) because it seemed incredibly unfair that a person who owns a $75,000 condo has to pay the same amount as a person who owns a $1,000,000+ home.
www.gazettes.com

Td Bank Sees C$350 Million Trading Charge, Stock Drops
toronto-dominion bank said on thursday that the "dramatic" lack of liquidity in global credit markets will prompt charges of c$350 million ($273 million) for credit-trading losses, reducing its fourth-quarter earnings.
ca.news.yahoo.com

U.s. Stocks Fall On Economic Concern; Alcoa, Citigroup Retreat - Bloomberg
nov. 17 (bloomberg) -- u.s. stocks fell, extending a two- week drop, as a record contraction in new york manufacturing and citigroup inc.'s plan to cut 50,000 jobs spurred concern the recession will deepen. alcoa inc., the nation's largest aluminum ...
www.bloomberg.com