Highlights
A collection of news and information related to Loans published by Tribune Company sources.
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General Growth Properties gets loan reprieve
AP Real Estate WriterShopping-mall owner General Growth Properties Inc. is getting a two-week extension on $900 million in debt that had been scheduled to come due last week as the Chicago-based company works to stave off bankruptcy and negotiate longer-term extensions with...Tags: National Government, Bankruptcy, Home Depot Incorporated, Property, Deutsche Bank AG
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Bernanke: lower rates are "feasible" but have limited economic benefit
AP Economics WriterWASHINGTON (AP) _ Federal Reserve Chairman Ben Bernanke said Monday that further interest-rate cuts are "certainly feasible," but he warned there are limits to how much such action would revive an economy likely to stay weak well into next year. The Fed'...Tags: Homes, Money and Monetary Policy, Ben Bernanke, Federal Reserve, Fannie Mae
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Delphi wins court motion access loan proceeds
AP Business WriterA bankruptcy judge said Monday that auto supplier Delphi can continue to access the proceeds of $4.35 billion in loans after the Dec. 31 expiration date. The ruling effectively allows Delphi to default on the loans when they mature Dec. 31, and lets the...Tags: Delphi Corp, Bankruptcy, Contracts, Court Administration, Mutual Funds
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Japan central bank to hold extra meeting Tuesday
TOKYO (AP) _ Japan's central bank will hold an unscheduled monetary policy meeting Tuesday afternoon to discuss ways to help companies raise money amid a pullback among lenders. Bank of Japan Gov. Masaaki Shirakawa called the meeting Monday after...Tags: Central Bank, Money and Monetary Policy, Economic Policy
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Report: Redstone sells stake in Midway Games
Tribune staff and wire reportMedia mogul Sumner Redstone has sold his 87.2 percent stake in Chicago-based video game publisher Midway Games to another investor, according to a Monday filing with the U.S. Securities and Exchange Commission. Redstone, who has put millions of dollars...Tags: Corporations, Tourism and Leisure, Casino and Gambling, Casino and Gambling Industry, Family
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Civil suit claims ratings agencies hurt U.S. minority homeowners
In what is apparently the first legal action of its kind, an association of community-based organizations has filed a federal civil rights complaint against two of the three largest Wall Street ratings agencies, charging that their inflated ratings on...Tags: Credit Ratings, National Government, Interior Policy, Financial and Business Services, Federal Reserve
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Costs are detour on road to college
(Fort Lauderdale) Sun SentinelGetting into college is tough enough, but students now have to face a tough economy. About one out of six students have put their search for a college on hold, according to a survey conducted in October by MeritAid.com, a scholarship Web site. Another...Tags: Financial Aid, Coconut Creek, Broward Community College, Photography, Awards and Prizes
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Good buys in home loans
Home loan borrowers with good credit could be in for some of the best mortgage rates in months, analysts said yesterday, a day after the Federal Reserve announced intervention designed to make financing less costly and more readily available. But it will...Tags: National Government, Credit Ratings, Homes, Financial and Business Services, Money and Monetary Policy
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Fledgling CBT Has Had Losses, But CEO Predicts Survival
Special To The CourantConnecticut Bank and Trust Co. opened in 2004 on promises of up-to-date financial technology, old-fashioned person-to-person customer service and an aggressive business plan. Chairman and CEO David Lentini has presided over an expansion from three to...Tags: Financial and Business Services, Banking, Real Estate Buyers, Freddie Mac, Mortgages
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With a bit of earlier vigilance, bailout could have been smaller
Treasury Secretary Hank Paulson seemed alarmed in September in his statements to Congress pleading for $700 billion to avert a collapse of financial markets. If he had been following his own data, he should have sounded the alarm six months earlier when...Tags: National Government, Government, Disasters, Banking, Federal Reserve
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Student advocates want private lenders out of new program
Student advocacy groups are urging the Treasury Department to prevent a new $200-billion consumer-lending program from benefiting private student lenders, which they say are largely unregulated and prey on students with risky, high-interest loans. The...Tags: Loan Market, Financial Aid, Tom Joyce, Washington Post Company, Money and Monetary Policy
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Reports: Financial crisis deepens
Of The Associated PressThe government released a quartet of reports Wednesday that paint a bleak picture of the nation's economy: Jobless claims remain at recessionary levels, Americans cut back on their spending by the largest amount since the 2001 terrorist attacks, orders to...Tags: Stock Activities, Government, Credit and Debt, Financial Markets, Economy
Dec 1, 2008
|Story| Associated Press
Dec 1, 2008
|Story| Associated Press
Dec 1, 2008
|Story| Associated Press
Dec 1, 2008
|Story| Associated Press
Dec 1, 2008
|Story| Chicago Tribune
Nov 30, 2008
|Story| Baltimore Sun
Nov 30, 2008
|Story| Orlando Sentinel
Nov 27, 2008
|Story| Baltimore Sun
Nov 29, 2008
|Story| Hartford Courant
Nov 28, 2008
|Story| Allentown Morning Call
Nov 28, 2008
|Story| Los Angeles Times
Nov 27, 2008
|Story| Allentown Morning Call
