October 10, 2008

Banks' borrowing from Fed hits record - Detroit Free Press





WASHINGTON -- Banks borrowed in record amounts from the Federal Reserve's emergency lending facility over the past week, while investment drew loans at a brisk -- though slightly lower -- pace, fresh proof of the credit problems gripping the country

Addicks interest Dubai investors - Crewe Guardian
Charlton could become the latest club in English football to move into foreign ownership after receiving an indicative offer from a group of Dubai-based investors. The Addicks, who currently lie 14th in the Coca-Cola Championship having been

Morgan Stanley's Stock, Bonds Drop; Moody's Mulls Cut (Update1) - Bloomberg
Oct. 10 (Bloomberg) -- Morgan Stanley 's stock and bonds dropped for a fifth day after Moody's Investors Service said it may reduce the U.S. investment bank's credit rating on concern the financial crisis threatens earnings and investor confidence

WRAPUP 11-Japan's MUFG may seek to change M. Stanley deal-CNBC - Forbes
NEW YORK (Reuters) - Mitsubishi UFJ Financial Group Inc (MUFG) could seek to renegotiate the terms of a planned $9 billion cash injection into investment bank Morgan Stanley, CNBC reported on Friday, even as sources told Reuters the deal was still on

Fitch Downgrades Argon Capital Public Limited Company 101 - Forbes
Fitch Ratings has downgraded the following credit-linked notes issued by Argon Capital Public Limited Company (Argon Series 101): --$60,0000,000 series 101 limited recourse secured floating-rate credit-linked notes due 2050 to 'BB' from 'A'. The

Investment bank Morgan Stanley shares sink on worries about future - Canada East
NEW YORK - Morgan Stanley Inc. shares plunged more than 22 per cent Friday as investors questioned the investment bank's future even with a major investment from Japan's Mitsubishi UFJ Financial Group. Friday marked the fifth straight day that shares

Progressive Posts $684 Million Loss; First in 8 Years (Update3) - Bloomberg
Oct. 10 (Bloomberg) -- Progressive Corp ., the third-largest U.S. auto insurer, posted its first quarterly loss since 2000 after the company wrote down the value of investments, including holdings of mortgage lenders Fannie Mae and Freddie Mac. The

Morgan Stanley shares sink on worries about future - San Diego Union-Tribune
NEW YORK â€" Morgan Stanley Inc. shares plunged more than 22 percent Friday as investors questioned the investment bank's future even with a major investment from Japan's Mitsubishi UFJ Financial Group. Friday marked the fifth straight day that

Brazil wants its say in new financial order - Boston Globe
SAO PAULO, Brazilâ€" Brazil's president said Friday that emerging market nations like Brazil must have a strong say in developing strict international rules for financial institutions. Brazil and other developing countries "need to learn from this

Dubai-based group make £50m Charlton bid - The Independent
Charlton Athletic are set to be taken over by a Dubai-based investment group which is believed to be owned by the ruling Maktoum family. The deal is worth around £50m with Zabeel Investments, whose interests range from luxury hotels to construction

0 comments:

Post a Comment