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Risk appetite returns after US rescue
News | www.ft.com | 1 hour 20 minutes ago
World equities markets surged higher on Monday and the cost of protecting corporate debt from the risk of default tumbled in the wake of the US government’s decision to take control of mortgage guarantors Freddie Mac and Fannie Mae.
TSX negative as commodity stocks resume selloff;NY up on mortgage sector rescue
News | www.canadianbusiness.com | 1 hour 22 minutes ago
TORONTO - The Toronto stock market turned negative half-way through the Monday session. The market h
http://www.canadianbusiness.com/markets/market_news/article.jsp?content=b090858A
Bailout brings lower mortgage rates, but not housing rebound
News | www.marketwatch.com | 1 hour 39 minutes ago
Mortgage rates fell Monday on news of a Treasury-led bailout of mortgage giants Fannie and Freddie Mac, but observers warned not to expect lower borrowing costs to suddenly revive the troubled housing market.
Luminent Mortgage files for Chapter 11 bankruptcy - Reuters
News | www.reuters.com | 1 hour 48 minutes ago
NEW YORK (Reuters) - Luminent Mortgage Capital Inc , which has struggled with liquidity problems because of mortgage investments, has filed for bankruptcy protection. The Philadelphia-based
http://www.reuters.com/article/fundsFundsNews/idUSN0844013320080908
US government takes on big role in mortgage market
News | www.examiner.com | 2 hours 36 minutes ago
(AP Photo/Susan Walsh) Treasury Secretary Henry Paulson, Jr. speaks during a news conference in Washington, Sunday, Sept. 7, 2008 on the bailout of mortgage giants Fannie Mae and Freddie Mac.
Richard G. Spiro Is Elected CFO of Chubb
Press Release | www.prnewswire.com | 2 hours 38 minutes ago
WARREN, N.J., Sept. 8 /PRNewswire-FirstCall/ -- The Board of Directors of The Chubb Corporation (NYSE: CB) has elected investment banker Richard G. Spiro to the position of Executive Vice President and Chief Financial Officer, it was announced today by John D.
http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/09-08-2008/0004880817&EDATE=
Wall Street soars after U.S. bails out home loan giants and 'saves us from Armageddon'
News | www.dailymail.co.uk | 2 hours 47 minutes ago
Global markets are rallying today after the U.S. government effectively nationalised the nation's two biggest mortgage lenders. Global markets are rallying today after the U.S. government effectively nationalised the nation's two biggest mortgage lenders.
Lender HSBC cuts mortgage rates
News | uk.reuters.com | 3 hours 8 minutes ago
LONDON (Reuters) - Bank HSBC said it is lowering interest rates for its fixed-rate mortgage loans in response to a fall in funding costs. HSBC, the country's biggest bank by market capitalisation,
http://uk.reuters.com/article/businessNews/idUKL89815420080908?feedType=RSS&feedName=businessNews
Satisfied Auto Insurance Customers Renew More, Refer More, Switch Less
News | www.marketingcharts.com | 3 hours 26 minutes ago
Satisfied Auto Insurance Customers Renew More, Refer More, Switch Less - Publisher: MarketingCharts
Gustav could cost insurers $8BN, says Swiss Re
News | www.iht.com | 3 hours 28 minutes ago
Insured damages from natural disasters through the end of August were 20 percent higher than in the same period last year, the company said before an annual industry meeting in Monaco this week. It said the damage from Gustav would be between US$4 billion and US$8 billion.
http://www.iht.com/articles/ap/2008/09/08/business/EU-Switzerland-Insurers-Gustav.php
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