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Fear Trumps Greed As Market Woes Paralyze Economies (update1) - Bloomberg
oct. 9 (bloomberg) -- greed and fear are the emotions that rule markets. fear is winning. u.s. and european stock markets fell yesterday, even after the federal reserve lowered its benchmark interest rate in concert with central banks in europe ...
www.bloomberg.com

Mccain Plan To Buy Bad Home Mortgages Hit
sen. john mccain's $300 billion plan to buy up all bad home mortgages and refinance them at a lower fixed rate came under fire wednesday from economists on the left and the right who said his idea was a redundant, unworkable, costly scheme that would plunge taxpayers deeper into debt.
www.washingtontimes.com

Mccain Would Buy Bad Mortgage Loans
john mccain's proposal to buy up bad home mortgages would use nearly half the $700 billion from the recent wall street bailout package to assist americans directly, instead of indirectly by rescuing the nation's financial markets.
www.citizen-times.com

Nick Harris: Billionaires And Bad Debts Mean 'financial Fair Play' Is ... - The Independent
roman abramovich's funding of chelsea faces a challenge from uefa as it tackles debt-fuelled club spending few would argue with a person's right to buy a house if they can comfortably and legally cover the mortgage, and if there is no extreme social ...
www.independent.co.uk

White House Mulling Ownership Stakes In Banks; Global Financial ... - Chicago Tribune
washington (ap) _ news that the bush administration is considering taking ownership stakes in a number of u.s. banks helped restore a relative calm over global financial markets thursday. the aim of such a move would be to thaw the lending freeze ...
www.chicagotribune.com

Obama Camp Says Mccain's Mortgage Plan Unworkable
democrat barack obama's campaign criticized john mccain's mortgage bailout plan wednesday, saying it would cause the government to lose money by paying too much for bad loans.
news.yahoo.com

Mortgage Plan May Lend No Help
experts question practicality, effectiveness, cost of mccain's proposal for bad home loans ordering the government to buy up bad mortgages to cut homeowners' monthly payments might sound good, but experts are skeptical. they say the plan john mccain is promoting is unlikely to solve the housing crisis that's pushing the economy toward recession. ...
www.courant.com

Rbs's Credibility `shot To Bits' Since Abn Amro Deal (update2) - Bloomberg
oct. 9 (bloomberg) -- royal bank of scotland group plc chief executive officer fred goodwin may have wanted to win more than was good for him. as money markets froze in 2007, the scot led the world's biggest banking takeover, paying 72 billion euros ...
www.bloomberg.com

Mortgage Rescue Plan Would Be Costly, And May Fall Short - Detroit Free Press
john mccain's surprising and decidedly nonconservative proposal to refinance troubled mortgages directly through the government has some appeal. but if he pursues it as president, many serious questions will remain. the republican candidate dropped ...
www.freep.com

Obama Campaign Slams Rival's Mortgage Plan
in indiana, democrat says nation will survive financial crisis. democrat barack obama's campaign criticized john mccain's mortgage bailout plan wednesday, saying it would cause the government to lose money by paying too much for bad loans.
www.mcall.com

Obama Rejects Mccain's Mortgage Plan
indianapolis — democrat barack obama's campaign criticized john mccain's mortgage bailout plan today, saying it would cause the government to lose money by paying too much for bad loans.
www.freep.com

On Life Support - Cfo.com
after lurching robotically into their worst crisis in more than three-quarters of a century, the fundamental weakness of banks in america and europe has now become horribly clear. with funding markets frozen and american plans to remove toxic assets ...
www.cfo.com

Mccain's Mortgage Buyout Raises Doubts With Experts - Pocono Record
washington — ordering the government to buy up bad mortgages to cut homeowners' monthly payments might sound good, but experts are skeptical. they say the plan john mccain is promoting is unlikely to solve the housing crisis that's pushing the ...
www.poconorecord.com

Mccain Pledges To Buy Up 300 Bln In Us Home Loans
the us government would snap up 300 billion dollars of bad home loans, republican john mccain vowed tuesday unveiling a new plan to help struggling homeowners if he is elected president.
news.yahoo.com

Mccain Pledges To Buy Up Failing Us Home Loans
the us government would promptly snap up bad home loans if john mccain becomes president, the republican hopeful declared tuesday in a nationally televised debate with democratic rival barack obama.
news.yahoo.com

Mccain Mortgage Plan Called Costly - Cincinnati.com
they say the plan john mccain is promoting is unlikely to solve the housing crisis that's pushing the economy toward recession. one big problem: the vast majority of the toxic home loans that are clogging financial markets and freezing up credit have ...
news.cincinnati.com

Cautious Reception For Mortgage Plan - Allentown Morning Call
use the home in question as their primary residence. prove they were worthy of credit when they took the original loan. have provided a down payment on the home. local housing and banking experts are reacting cautiously to john mccain 's proposal to ...
www.mcall.com

Mccain's Plan Would Buy Bad Homeowner Mortgages
by jim kuhnhenn john mccain's proposal to buy up bad home mortgages would use nearly half the $700 billion from the recent wall street bailout package to assist americans directly, instead of indirectly by rescuing the nation's financial markets. the republican presidential candidate announced during tuesday's debate that he would order the federal government to spend $300 billion in federal ...
www.star-telegram.com

Obama: Mccain’s Mortgage Plan Costly, Unworkable
wed, oct 8, 2008 (2:54 p.m.) democrat barack obama's campaign criticized john mccain's mortgage bailout plan wednesday, saying it would cause the government to lose money by paying too much for bad loans.
www.lasvegassun.com

Mccain Plan Would Buy Bad Mortgages - Boston Globe
washington - john mccain's proposal to buy up bad home mortgages would use nearly half the $700 billion from the wall street bailout package to assist americans directly, instead of indirectly by rescuing the nation's financial markets. the ...
www.boston.com