NEW YORK – (AP) Commercial paper posted its biggest weekly plunge ever, as banks sold more long-term debt instead to finance their operations. The amount of commercial paper outstanding in the market dropped by $98.8 billion to a seasonally adjusted $1.59 trillion in the we
Tagged 1-59-trillion, 98-8-billion, commercial, commercial-paper, finance-their, market, more-long-term, new, operations, weekly-plunge, york(AP) A small but growing number of community banks are backing out of the government’s bailout, which they see as fraught with hidden strings and government interference.
Tagged and-government, are-backing, community-banks, fraught-with, government, growing-number, hidden-strings, small-but, the-governmentBALTIMORE – (AP) Less than three years after its launch as the city’s second daily newspaper, The Baltimore Examiner is shutting down, a victim of slower-than-expected ad sales. Employees of the free tabloid were informed of the closure Thursday morning
Tagged baltimore, city, closure, examiner, free, its-launch, launch-as-the, second-daily, shutting-down, tabloid-were, the-closure, thursdayUNITED NATIONS – (AP) U.S. Ambassador Susan Rice, in her first appearance before the U.N. Security Council, signaled Thursday that the new U.S.
Tagged abuse-their, appearance-before, council, first, security-council, sometimes-take, susan, susan-rice, take-on-nations, thursdayDETROIT – (AP) Chrysler LLC said Thursday that a proposed alliance with Fiat Group SpA would give the U.S. automaker access to nearly all Fiat vehicles
Tagged a-proposed-alliance, and-save, auburn, auburn-hills, llc, mich-based, nearly-all, save-the-auburn, small-cars, the-linkupDAVOS, Switzerland – (AP) U.S.
Tagged bottoming-out, california, california-at-ber, decline-another, housing-prices, leading-economist, rosen, signs-yet, universityWASHINGTON – (AP) The White House on Wednesday defended Treasury Secretary Timothy Geithner’s choice of Mark Patterson an ex-lobbyist from Goldman Sachs to be his chief of staff.
Tagged chief, font, goldman, goldman-sachs, house-on-wednesday, patterson, size, timothy, timothy-geithner, treasury, treasury-secretary, wednesday, white, white-houseWASHINGTON – (AP) The Obama administration is developing proposals to help rescue the banking system that could cost taxpayers hundreds of billions of dollars beyond the $700 billion bailout Congress already has approved.
Tagged 700-billion, already-has, banking, congress, developing-proposals, dollars-beyond, font, help-rescue, rescue-the-banking, size, taxpayers-hundreds, the-bankingNEW YORK – (AP) Lehman Brothers ‘ court-appointed examiner said Wednesday that he has started his investigation. The examiner, Anton Valukas, is a former federal prosecutor and a spe
Tagged a-former-federal, anton-valukas, examiner-said, has-started, his-investigation-, investigation, lehman, lehman-brothers-, new, wednesday, york(AP) How do you lose $7 billion?
Tagged a-question-for, allen, charter, charter-communications, massive, massive-investment, microsoft, microsoft-corp-, question-for, seen-his, you-lose