Mortgage and Financial News From 2008-10-1 Page 01

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  • These 5 Underdogs Are No Dogs - MSN MoneyCentral

    BankAtlantic Bancorp Inc ( BBX ) Stock Quote , Chart , News , Add to Watchlist Short-sellers and hedge-fund operators, although sometimes shadowy, are often seen as the smartest guys in the room. They did their homework and will bet their capital ...
    2008-10-01 08:04:00

  • No more government guarantees - Washington Times

    Just one week ago, Treasury Secretary Henry Paulson was demanding that Congress grant him unprecedented, unreviewable authority to spend $700 billion or more to bail-out Wall Street . But in a major rebuke to the administration and to both the ...
    2008-10-01 04:11:00

  • BARR: No more government guarantees - The Washington Times

    Secretary of the Treasury Henry Paulson sits in the office of House Republican Leader John Boehner during ongoing negotiations Saturday on Capitol Hill regarding legislation on the financial crisis. (Associated Press) Just one week ago, Treasury ...
    2008-10-01 04:47:00

  • 'Obama's Challenge' questions conventional wisdom - Boston Globe

    It's next Jan. 20, and President Barack Obama, just inaugurated, sits in the Oval Office thumbing through "Obama's Challenge." He learns that not only did Robert Kuttner predict he'd win the White House, he also predicted that even Obama's liberal ...
    2008-10-01 12:00:00

  • Oil down on stronger US crude, gasoline supplies - Boston Globe

    NEW YORK— Oil prices dipped below $100 a barrel Wednesday as ample increases in U.S. crude and gasoline supplies added to mounting evidence that a rough economy is forcing Americans to drive less. Light, sweet crude for November delivery fell $2.11 ...
    2008-10-01 04:18:00

  • US Senate passes bank bailout plan - Times Online

    The US House of Representatives was under growing pressure to pass the Bush administration’s $700 billion financial rescue package after a modified version was overwhelmingly passed in the Senate last night. The White House and leaders in both ...
    2008-10-01 07:17:00

  • US Senate passes new bailout plan (Adelaide Now)

    THE US Senate has approved a new $US700 billion Wall St bailout this morning after the shock rejection of the original plan.
    2008-10-01 06:15:00

  • Global financial crisis: US Senate backs $700bn bail-out plan (Guardian Unlimited)

    After six-hour debate, emergency rescue plan passed by 74 to 25 and will now go back to House of Representatives
    2008-10-01 06:43:12

  • Thornburg Mortgage Announces Consent of Holders of Senior Subordinated Secured Notes to Receive Interest Payment in Kind (Centre Daily Times)

    Thornburg Mortgage, Inc. (NYSE: TMA) announced that it has received consents, effective September 30, 2008, from the holders of approximately 98.5% of the aggregate principal amount outstanding of the Senior Subordinated Secured Notes to accept the September 30th interest payment in respect of their notes in the form of additional Senior Subordinated Secured Notes in principal amount equal to ...
    2008-10-01 06:46:00

  • 2nd UPDATE: US Sen Votes 74-25 For Financial Market Rescue Package (Nasdaq)

    WASHINGTON -(Dow Jones)- The U.S. Senate, voting on the biggest government financial intervention since the Great Depression, revived a $700 billion Wall Street rescue package with a solid, bipartisan tally of 74-25 Wednesday evening, putting pressure on the House to quickly follow suit.
    2008-10-01 07:46:03

  • Oregon senators split on bailout (The Oregonian)

    WASHINGTON -- Oregon's senators voted in opposite directions Wednesday on a $700 billion rescue package for the nation's financial system that also carried $3.3 billion in payments for economically distressed rural counties. Sen. Gordon Smith, R-Ore., voted for the package...
    2008-10-01 08:01:37

  • Trained Professionals and Online Tools Can Help Seniors Find a New Home (Today's News-Herald)

    (ARA) - Helping a parent move to senior housing can seem more intimidating than orchestrating a rocket launch. The death of a spouse, declining health or safety concerns can trigger the need to move. The first phase comes with the realization that what has been home is no longer suitable.
    2008-10-01 10:27:08

  • US stocks end relatively calm day with modest loss - International Herald Tribune

    NEW YORK : The financial markets saw some relative calm Wednesday as investors uneasily awaited a Senate vote on the banking bailout plan, with Wall Street falling only moderately and the credit markets still showing signs of strain. The Dow Jones ...
    2008-10-01 02:02:00

  • Federal agency offers help fending off foreclosure - Boston Globe

    Struggling homeowners with plummeting property values may now be able to avoid foreclosure by refinancing their mortgages through a new federal program, the Department of Housing and Urban Development said yesterday. HUD Secretary Steve Preston ...
    2008-10-01 09:11:00

  • Word on the street: 'There will only be hardship if the rescue fails' - The Independent

    Main Street grudgingly swings behind bailout Bank set to cut interest rates to prevent slump Hardy Amies, tailor to the stars, faces bankruptcy Putin turns on US 'irresponsibility' Sarkozy tries to rally united European response to crisis Major ...
    2008-10-01 03:49:00

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