Entries tagged "loans"
Luxury carmaker Porsche has been turned down for a $2.44 billion loan from the German government.
Large Wall Street banks are seeing their complex debt assets more heavily weighted than the loans of the regional banks.
The former investment bank is offering loans to its staffers who are undergoing their own liquidity crisis.
There is a lot of online chatter concerning U.S. Treasury Secretary Henry Paulson's plan to overhaul the nation's financial regulatory structure. The plan presents both "short-term" and "long-term" suggestions that would consolidate federal financial regulators into three primary agencies: the Federal Reserve Board, which under the plan would also act as a market stability regulator; the Office of the Comptroller of Currency, which would oversee savings, loans, and insurance companies (operating under a new federal charter to replace the state chartered system); and the Securities and Exchange Commission and Commodities Future Trading Commission would merge. Lawmakers and lobbyists are expected...
