RSS

Archive | Banks RSS feed for this section

Tentative Deal Reached in Financial Bailout

28. September 2008

0 Comments

Breaking News: WASHINGTON —  Congressional leaders and the Bush administration have reached a tentative deal on a bailout of imperiled financial markets that could cost taxpayers hundreds of billions of dollars. The House could vote on it Sunday and the Senate on Monday. House Speaker Nancy Pelosi announced the accord just after midnight Saturday and said it still has to [...]

Continue reading...

Breaking: Oil Prices Jump

22. September 2008

0 Comments

Breaking from CNN: Futures spike as much as $25 on the bailout plan, the falling dollar and as the October front-month contract expires. By Catherine Clifford, CNNMoney.com staff writer Last Updated: September 22, 2008: 3:02 PM EDT <blockquote> NEW YORK (CNNMoney.com) — Oil prices jumped more than $25 a barrel Monday in biggest dollar jump ever as the dollar was [...]

Continue reading...

Run On IndyMac Bank- Are Your Deposits Insured?

14. July 2008

2 Comments

Just as unions are freshening up their strike signs to try for wage increases, bad news keeps arriving in spades. The FDIC has taken over IndyMac Bank’s 33 branches and customers are lining up to get their money. PASADENA, California (Reuters) - Hundreds of worried IndyMac Bancorp Inc customers descended on the company’s branches on Monday to [...]

Continue reading...