The Money Times

FDIC's Bair: New anti-foreclosure plan "essential"
Reuters - Nov 18, 2008
The FDIC is also looking at adjusting its temporary liquidity program, which provides guarantees for new senior unsecured debt to encourage more interbank ...
Bair’s Testimony: More Aggressive Intervention Is Needed Wall Street Journal Blogs
Loan Modifications For Banks Could Mask Future Losses CNNMoney.com
FDIC’s Bair Pushes Loan Modification Program Housing Wire
Sarasota Herald-Tribune - Financial News (subscription)
all 798 news articles


Property values, Paulson's switch on TARP plans send spreads spiking
MarketWatch - 39 minutes ago
"Now the market is seeing some cracks in the foundation, some loans are starting to have difficulty, and people are becoming aware of how pervasive the debt ...


Los Angeles Times

ABCPMMMFLF Spells Fed Relief for JPMorgan, Citi Shadow Banking
Bloomberg - Nov 17, 2008
A Fed program to buy as much as $1.8 trillion of short-term debt from US companies means they don't have to tap backup credit lines provided by banks, ...
Video: Bernanke: Meet Needs of Credit-worthy Borrowers AssociatedPress
Bernanke Says US Borrowing Conditions ‘Still Far From Normal’ Bloomberg
all 851 news articles


BBC News

Paulson, Bair clash over helping troubled homeowners
MarketWatch - Nov 18, 2008
Bair's proposal would guarantee new, unsecured debt issued by banks, thrifts and bank holding companies issued between Oct. 14 and June 30. ...
US lawmakers, Treasury lock horns on foreclosures Forbes
Wednesday Newspaper Review - Irish Business News and International ... FinFacts Ireland
all 1,421 news articles


Home Warranty of America Speaks with Tax Expert about Key Details ...
MarketWatch - Nov 18, 2008
No more than $2000000 of forgiven debt can be excluded from taxable income. -- When part of the debt is from a home equity loan, it cannot have been used ...


Univest Corporation Announces Its Position on Government Relief ...
MarketWatch - Nov 13, 2008
Finally, Univest Corporation has elected to opt out of the Debt Guarantee Program which fully guarantees any senior unsecured debt issued between October 14 ...


Voice of America

Is the federal government hitting the target with billions to ease ...
Los Angeles Times, CA - Nov 15, 2008
... Group received a $40-billion investment from TARP -- and to address problems in more types of debt markets, including credit card and student-loan debt. ...
Henry Paulson Takes Down the TARP: Sort Of TPMCafé
Treasury Draws Fire for Shift in Rescue Wall Street Journal
Washington's $5 Trillion Tab Forbes
BusinessWeek - Columbus Dispatch
all 1,880 news articles


Consumers: Keep thrift going even after economic crisis ends
Rochester Democrat and Chronicle, NY - 14 hours ago
... debt trap for too many for far too long. Now that the bailout has shifted direction from unaffordable home loan relief to propping up the ailing credit ...


Nigeria: N360 Billion Debt Relief Fund - So Long a Tale of Many ...
AllAfrica.com, Washington - Nov 17, 2008
This is a newly built hospital under the primary healthcare scheme sponsored by the government under the debt relief funds scheme. ...


Don't Attach the Wrong Strings to the Auto Bailout
Huffington Post, NY - 49 minutes ago
Not only does the tax break encourage early replacement of perfectly good cars (the break expires at the end of 2009), but it encourages already debt-ridden ...

Debt Relief, Debt, Loan - Google News