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U.s. Stocks Drop Most Since Crash Of 1987 On Recession Concerns - Bloomberg
oct. 15 (bloomberg) -- u.s. stocks plunged the most since the crash of 1987, hammered by the biggest drop in retail sales in three years and growing doubt that plans to bail out banks will keep the economic slump from deepening. exxon mobil corp. and ...
www.bloomberg.com

Lenders At Odds Over Mortgage Promise As Home Loans Slump Again
mortgage lending is continuing to fall, leading home-loan providers warned, as they demanded further clarification of the small-print in the government's bank bailout which appears to require a return to levels of advances last seen in 2007.
www.independent.co.uk

Pearlstein: Financial Meltdown
washington post columnist steven pearlstein was online wednesday, oct. 15 at 11:00 a.m. et to discuss the stock market's return to a state of relative calm and where we go from here.
www.washingtonpost.com

U.s. Stocks Drop As Retail Sales Slump Spurs Recession Concern - Bloomberg
oct. 15 (bloomberg) -- u.s. stocks slumped for a second day, hammered by the biggest drop in retail sales in three years and growing doubt that plans to bail out banks will keep the nation out of a prolonged recession. exxon mobil corp. and chevron ...
www.bloomberg.com

Credit Squeeze Literally Hits Home As Card Limits, Equity Lines Pared - San Diego Union-tribune
the credit crunch buckling wall street and the world economy used to seem like distant thunder. but more and more san diegans are feeling the vibrations where they live. it's the letter that arrives in the mail from mastercard, announcing a cut in ...
www.signonsandiego.com

Credit Crunch Has Lenders Tightening Loan Qualifications
atlanta (myfox atlanta) – the credit crunch that has arisen out of the foreclosure crisis is affecting many georgians. it's now much tougher to get a loan with anything less than a perfect credit score. so, what qualifies as good credit now?
www.myfoxatlanta.com

Black Rock Report On Us Market And The Credit Crunch
financial markets have been thrown into turmoil in recent weeks. the credit crisis that began with the collapse of the subprime loan industry last year has resulted in the failure of several financial institutions and banks, the government takeover of several major financial firms and expectations for more to come.
www.moneymarketing.co.uk

Whitman Sampler Of Value Stocks - Forbes
few investors in the market today are as bear-market-seasoned and savvy as marty whitman, 84-year-old founder of m.j. whitman llc and portfolio manager of third avenue value fund. like sam zell, leon black and eddie lampert, whitman's roots are in ...
www.forbes.com

To Cut Losses, Owners Consider Default - Miami Herald
more than four in 10 south florida homeowners who bought in the last five years owe more on their mortgages than their homes are worth. for those who bought in 2006 -- the year prices peaked -- the situation is even worse. a startling 76 percent of ...
www.miamiherald.com

To Cut Losses, Owners Consider Default
more than four in 10 south florida homeowners who bought in the last five years owe more on their mortgages than their homes are worth.
www.miamiherald.com

How Gmac's Woes Foretell Consumer Pain
the credit freeze is rapidly spreading from banks to consumers.
www.usnews.com

Car Loans Out There Despite Credit Crunch - Leaf Chronicle
local car dealers and spokesmen for major auto lenders say it's true the car loan market is tight, but there's still plenty of money for consumers who qualify. kim wagner, zone d manager for the ford-lincoln-mercury mid-south market, said consumers ...
www.theleafchronicle.com

More Pain For Borrowers As Lenders Raise Rates Despite 0.5 Per Cent ... - Daily Mirror
the cost of new home loans is going up despite last week’s emergency 0.5 per cent interest rate cut. while there are hopes that momentous monday’s massive cash injection may help to bring down mortgage bills in future it looks like it may take ...
www.mirror.co.uk

Financial Resources
buying a home? need a good rate on a car loan? get the best rates.
abclocal.go.com

Ict News
ireland is the single biggest exporter of software solutions in europe and one of the top three software exporters in the world. high-technology software products now account for close to €12bn in exports, delivered by over 800 multinational and irish-owned businesses.
www.emigrant.ie

Lenders At Odds Over Mortgage Promise As Home Loans Slump Again - The Independent
mortgage lending is continuing to fall, leading home-loan providers warned, as they demanded further clarification of the small-print in the government's bank bailout which appears to require a return to levels of advances last seen in 2007. new ...
www.independent.co.uk

America For Sale: Price Reduced - Barron's Online
at the depths of the 1973-74 bear market -- the worst of the post-war period -- when the dow jones industrial average was approaching its low of 577, warren buffett told forbes magazine that he felt like "an oversexed guy in a whorehouse. this is the ...
online.barrons.com

Upside-down On Mortgage: Now What?
q: my husband and i live in a house that i own on my own. i paid $500,000 for the house in 2005. i took out a 100 percent loan with a 5-year fixed-rate first mortgage for $400,000 and an adjustable $100,000 home equity line of credit as the second loan.
www.lodinews.com

Wells Fargo Reports Net Income Of $1.64 Billion, Or $0.49 Per Share
san francisco----wells fargo & company : -- strong business momentum continues: -- year-to-date revenue up 11 percent -- average loans up 15 percent from prior year and 13 percent from prior quarter -- average earning assets up 15 percent from prior year and 13 percent from prior quarter -- core deposits up 10 percent from september 30, 2007, and 30 percent from june 30, 2008 -- cross-sell of ...
biz.yahoo.com

Oct 15, 2:46 Pm Edt - Associated Press
washington (ap) -- the economy was in deep pain even as the government pushed forward wednesday with its latest financial rescue plan to exchange taxpayer money for stakes in the nation's banks. on wall street, the dow shed more than 500 points on ...
hosted.ap.org