| White House seeks final passage of rescue plan
February 8, 2009 at 7:03 pm
|
| WASHINGTON (Reuters) - Top aides to President Barack Obama on Sunday urged Democratic and Republican lawmakers to set aside political differences and quickly approve a massive economic stimulus package this week. |
| Grim results predicted for UBS, Credit Suisse
February 8, 2009 at 7:00 pm
|
| GENEVA (Reuters) - Swiss newspapers expect the country's top two banks, UBS AG and Credit Suisse Group AG to announce record losses for 2008 this week and predict UBS will unveil thousands of job cuts. |
| Wells ad slams press accounts on junkets as "nonsense"
February 8, 2009 at 6:55 pm
|
| NEW YORK (Reuters) - After canceling employee outings last week in the face of public indignation over lavish ways on Wall Street, Wells Fargo & Co. went on the offensive in a full-age advertisement in Sunday's New York Times. |
| Treasury delays bank bailout announcement
February 8, 2009 at 6:53 pm
|
| WASHINGTON (Reuters) - The Obama administration on Sunday pushed back until Tuesday the announcement of a keenly awaited bank rescue plan as it pressed lawmakers to settle their differences over a huge economic stimulus package. |
| Rio's Leng quits, not to become next chairman
February 8, 2009 at 6:36 pm
|
| SYDNEY (Reuters) - Rio Tinto Ltd/Plc non-executive director Jim Leng has quit the board and will not move into the chairman's role as planned, adding to the global miner's woes as it struggles to cut its $39 billion in debt. |
| Rohm: Advisers, not execs, should meet with Dow
February 8, 2009 at 5:37 pm
|
| NEW YORK (Reuters) - Rohm and Haas Co rejected a possible meeting with top Dow Chemical Co executives to talk about a way forward for their stalled merger, but suggested that the companies' financial advisers should meet. |
| Treasury to approve insurers for TARP funds: sources
February 8, 2009 at 5:35 pm
|
| WASHINGTON (Reuters) - Insurance companies that applied for capital injections from the government's $700 billion financial bailout fund could get approval as soon as Monday, two sources familiar with the matter said on Saturday. |
| Obama seeks passage of rescue plan
February 8, 2009 at 2:13 pm
|
| WASHINGTON (Reuters) - Top aides to President Barack Obama on Sunday urged Democratic and Republican lawmakers to set aside political differences and give anticipated final approval this week to a massive economic stimulus package. |
| Fannie, Freddie to channel mortgage rescue: sources
February 8, 2009 at 1:50 pm
|
| WASHINGTON (Reuters) - The Obama administration is crafting a mortgage-rescue program that would see Fannie Mae and Freddie Mac ease payments for hundreds of thousands of borrowers and offer a model for Wall Street to do the same, sources familiar with the plan said. |
| U.S. linking bank aid to loan changes: sources
February 8, 2009 at 1:29 pm
|
| WILLIAMSBURG, Virginia (Reuters) - U.S. Treasury chief Timothy Geithner said on Saturday that banks getting public aid under a new rescue plan must help struggling homeowners by reworking their mortgages, according to Democratic sources. |
| $1.47 billion bank bonus prompts UK outrage
February 8, 2009 at 11:51 am
|
| LONDON (Reuters) - Reports that the Royal Bank of Scotland (RBS) was about to award its staff a billion pounds in bonuses prompted outrage in Britain on Sunday at a time of soaring unemployment and with a deep recession looming. |
|
No comments:
Post a Comment