Highlights
A collection of news and information related to Credit Ratings published by Tribune Company sources.
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The next financial bailout: Your adult children?
The Wall Street JournalAs Washington unfurls its financial-market rescue, more families are weighing private bailouts of their own -- of young-adult children burdened by debt. Many young adults are heavily leveraged. Average student loans among the two-thirds of college...Tags: Family, Robert Allen, Loans, People, Adults
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Markets Face More Uncertainty
Associated PressInvestors agonizing over whether the stock market is bottoming out or about to extend its precipitous decline face more uncertainty this week as they await action on the government's rapidly expanding effort to pull the financial system from the brink....Tags: Fannie Mae, Stock Market, American International Group, Stock Broking, Freddie Mac
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John McCain vows to whip Barack Obama's 'you know what' as he considers new economic plans
Associated Press WriterARLINGTON, Va. (AP) _ Republican John McCain vowed Sunday to "whip" Democratic rival Barack Obama's "you-know-what" when the two presidential candidates meet Wednesday in their final televised debate. McCain made that pledge as top advisers said he is...Tags: Sarah Palin, $700 Billion Bank Bailout, National Government, George Bush, Small Businesses
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Investors seeking a bottom brace for more uncertainty as government moves to shore up banks
AP Business WritersNEW YORK (AP) _ Investors agonizing over whether the stock market is bottoming out or about to extend its precipitous decline face more uncertainty this week as they await action on the government's rapidly expanding effort to pull the financial system...Tags: Federal Reserve, Lloyds TSB Group Plc, Gymnastics, American International Group, Stock Broking
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John McCain considering new economic proposals
Los Angeles Times Staff WritersAs he struggles to convince voters he is the best candidate to handle the economy, John McCain is considering whether to issue a new set of economic proposals, possibly including lower taxes on dividends and capital gains. Sen. Lindsey Graham (R-S.C.),...Tags: U.S. Department of Treasury, University of Chicago, Barack Obama, Government, State Budgets
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'Our cash cow died on us'
Of The Morning CallAbout two decades ago, regional and suburban school districts across the Lehigh Valley area began using unconventional and controversial bond transactions to pay for building renovations and new schools. During the same time, the Allentown School...Tags: Executive Branch, Bonds, Nazareth, Investments, Retirement
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Avon Jittery As It Prepares To Refinance Debt
Passersby in this town of upmarket shops and sunny soccer fields would hardly guess it is about to be drawn into the vortex of America's financial crisis. But that is the fiscal drama that will unfold early Tuesday morning, when Avon Town Manager...Tags: Public Finance, Auction Service, Bonds, State Budgets, Defense
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Fed Plan – With Stimulus – Will Work
The most stunning graphic of the past few days shows the stock market's reaction to government attempts to rescue the financial system. Between Monday and Wednesday, the Federal Reserve unveiled five initiatives to unfreeze credit, and stocks slumped...Tags: Federal Reserve, Washington Post Company, Real Estate Buyers, Economy, John McCain
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U.S. will buy stock in banks to boost capital
Associated PressThe government will buy an ownership stake in a broad array of U.S. banks for the first time since the Depression, Treasury Secretary Henry M. Paulson Jr. said late yesterday, announcing the historic step after stock markets fell still lower around the...Tags: Federal Reserve, Stock Activities, Government, Central Bank, Financial Markets
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Wall Street finishes worst week ever
Of The Associated PressSpeaking at the White House Friday as finance ministers and central bankers from around the world gathered nearby. Stock markets jolted still lower in the U.S. and around the world Friday despite all efforts to slow the selling stampede, and the globe'...Tags: Federal Reserve, Stock Activities, Central Bank, Financial Markets, Sales
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After Europe-leading boom, Ireland's Celtic Tiger economy falls into recession
Associated Press WriterDUBLIN, Ireland (AP) _ Davey McKeever was down to his last bet slip of the night, crumpled in a sweaty fist, at the Shelbourne Park greyhound track. The remnants of McKeever's first unemployment check would rise or fall on the ironically named Nest Egg....Tags: Population, European Union, Economic Indicator, Economy, Banking
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G7 Endorses Plan To Battle Financial Crisis
The tsunami of global stock sell-offs swept through Europe on Friday as European shareholders deserted the markets in droves, pushing down stock prices in a frenzy some dubbed "red October." Exchanges that had hit record highs just a year ago plunged...Tags: Federal Reserve, Ben Bernanke, Moody's Corporation, Money and Monetary Policy, Henry Paulson
Oct 13, 2008
|Story| Baltimore Sun
Oct 13, 2008
|Story| Associated Press
Oct 12, 2008
|Story| Associated Press
Oct 12, 2008
|Story| Associated Press
Oct 13, 2008
|Story| Los Angeles Times
Oct 13, 2008
|Story| Allentown Morning Call
Oct 12, 2008
|Story| Hartford Courant
Oct 12, 2008
|Story| Hartford Courant
Oct 11, 2008
|Story| Baltimore Sun
Oct 11, 2008
|Story| Allentown Morning Call
Oct 10, 2008
|Story| Associated Press
Oct 11, 2008
|Story| Hartford Courant
