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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.
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.
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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