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REDWOOD CITY, Calif. - As the effects of the economic collapse began pouring down Main Street, the government last year was left holding a record $2.1 billion in write-offs of small business loans it had guaranteed. Officials expect the number of ...
WASHINGTON -Treasury Secretary Timothy Geithner and Federal Reserve Chairman Ben Bernanke staked out opposing sides Friday in a turf war over who should protect Americans from shady mortgage lending, abusive credit card fees, payday loans and other ...
Geithner, Bernanke at odds on consumer protection - AOL
As the effects of the economic collapse began pouring down Main Street, the government last year was left holding a record $2.1 billion in write-offs of small business loans it had guaranteed. Officials expect the number of defaults to rise as the ...
As small businesses go belly-up, defaults on government backed loans ... - Wisconsin State Journal
As the effects of the economic collapse began pouring down Main Street, the government last year was left holding a record $2.1 billion in write-offs of small business loans it had guaranteed. Officials expect the number of defaults to rise as the ...
AP INVESTIGATION: Main Street's soaring sour loans - San Francisco Gate
Associated Press Chris Sakelarios, left, talks with her business partner Eric Geedey at Caffe Sportivo in Redwood City, Calif. Sakelarios opened Caffe Sportivo after taking out a $20,000 SBA loan from Union Bank in late 2007 when the economic outlook ...
Souring small business loans are costing taxpayers billions - Cleveland Plain Dealer
July 27 (Bloomberg) -- Chancellor of the Exchequer Alistair Darling will call on Britain’s banks to reduce the cost of loans to small companies as he seeks to prevent the economy from slipping further into recession. In a meeting at the Treasury in ...
Darling to Call on U.K. Banks to Offer Cheaper Company Loans - Bloomberg
The government will today demonstrate its willingness to exert influence over Royal Bank of Scotland and Lloyds Banking Group by announcing £1bn of lending to wind farm developers whose schemes have been becalmed by a lack of cash. The initiative ...
Wind power boosted by £1bn in new loans - The Guardian
THE MUNICIPAL Development Fund Office of the Department of Finance (DoF) has approved a total of P44.217 million worth of loans for three municipalities to help fund projects aimed at achieving some Millennium Development Goals (MDGs). Department of ...
Municipalities get MDG project loans - Business World
In its renewed bid to enable banks make full disclosure of their toxic assets, the Central Bank of Nigeria (CBN) has suspended the use of Commercial Papers (CPs) and Bankers’ Acceptances (BAs) as off-balance sheet instruments by banks and discount ...
CBN Sets New Rules for Banks, Discount Houses - This Day Online
Russia is preparing to overhaul its bankruptcy laws in a move to help crisis-hit companies survive financial restructuring without being broken up as fears over economic stagnation because of mounting bad loans grow. The government is working on new ...
