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Governments begin rolling out emergency measures

News  |  www.marketwatch.com | 1 hour 44 minutes ago

European authorities are set to lead the way Monday on a series of efforts to recapitalize troubled banks and unclog short-term money markets, after a weekend of frantic talks aimed at averting a global economic meltdown.

http://www.marketwatch.com/news/story/story.aspx?guid=%7B4AF01EDD%2D3280%2D4224%2D8A68%2D13BB085CDCD7%7D&siteid=rss

BAC Will Not Sell Many CCB Shares - Zibb.com

News  |  www.zibb.com | 1 hour 27 minutes ago

The lock-up period of 19.133 billion shares Bank of America Corp. (NYSE: BAC) holds in top Chinese commercial lender China Construction Bank (CCB, SEHK: 0939 and SHSE: 601939) will be expired on October 27, 2008. The US lender is said to be weighing a plan to sell part of the shares it holds in the

http://www.zibb.com/article/4148421/BAC+Will+Not+Sell+Many+CCB+Shares

Brokered deposits at issue for banks

News  |  www.bizjournals.com | 7 hours 1 minute ago

As big banks grapple with losses tied to exotic financial instruments, regulators’ renewed interest in deposits puts pressure on regional and small banks that right now might be more willing to make loans.

http://www.bizjournals.com/dallas/stories/2008/10/13/story5.html?ana=from_rss

Starbucks Leases in Dispute

News  |  online.wsj.com | 8 hours 25 minutes ago

Property owners have filed lawsuits alleging that the coffee giant owes them money on properties where it shut stores or decided not to open one after entering a lease.<img

http://online.wsj.com/article/SB122385654644927281.html?mod=rss_whats_news_us

Economic crisis dictates debate in the US election

News  |  business.scotsman.com | Oct 12, 2008

Economic crisis dictates debate in the US election - IN THE normal course of events, every four years sees major analysis of the US presidential candidates' positions on market-related matters as part of the run-up to the November election. This year, however, first a series of geopolitical events

http://business.scotsman.com/personal-finance/Economic-crisis-dictates-debate-in.4583302.jp

The Sky Falls on Wall Street - BusinessWeek

News  |  www.businessweek.com | Oct 11, 2008

The week started with hope for a U.S. plan to calm world stock markets. By Friday, investors wondered if anything could stop the slide.

http://www.businessweek.com/bwdaily/dnflash/content/oct2008/db20081010_744839.htm?campaign_id=rss_null

Why GE's in trouble

News  |  money.cnn.com | Oct 10, 2008

For years GE Capital's profits powered its parent's earnings and helped finance its vast array of businesses. Now the company's biggest asset has turned into a liability that puts the future of the entire firm at risk.

http://money.cnn.com/2008/10/09/news/companies/colvin_ge.fortune/index.htm

Severn Bancorp, Inc. Announces Third Quarter Earnings

Press Release  |  www.prnewswire.com | Oct 10, 2008

ANNAPOLIS, Md., Oct. 10 /PRNewswire-FirstCall/ -- Severn Bancorp, Inc. (Nasdaq: SVBI) the parent company of Severn Savings Bank, FSB ("the Bank") and Hyatt Commercial, today announced earnings for the third quarter ended September 30, 2008.

http://www.prnewswire.com/cgi-bin/stories.pl?ACCT=109&STORY=/www/story/10-10-2008/0004901997&EDATE=

Taxpayer bailout tab could run into trillions (AP)

News  |  biz.yahoo.com | Oct 10, 2008

Taxpayer bailout tab could run into trillions. - WASHINGTON (AP) -- That $700 billion financial bailout passed by Congress and signed by President Bush is a big package.

http://biz.yahoo.com/ap/081010/meltdown_actions_so_far.html?.v=1

Integra Bank names SVP of commercial banking

News  |  www.snl.com | Oct 10, 2008

Integra Bank unit Integra Bank named Chris Rutledge as senior vice president of commercial banking.Industries: BankReferenced Companies: Integra Bank Corp., Integra

http://www.snl.com/interactivex/article.aspx?id=7238317&KPLT=5

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