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Analysts say GM would need cash to acquire Chrysler, it may take too ... - Baltimore Sun
DETROIT (AP) _ For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash. Lots of it, according to industry analysts. With both automakers struggling to survive amid slumping sales, a slowing ...
AIG's gallows humor gives bankers a laugh - Reuters
WASHINGTON (Reuters) - Insurance giant American International Group, on the receiving end of a multi-billion dollar bailout from the Federal Reserve, was trying hard on Saturday to look on the bright side of life. "Credit markets do not function. Why ...
GM needs cash before Chrysler - CNN Money
DETROIT (AP) -- For General Motors Corp. to acquire Chrysler LLC and all of its warts, GM would have to get desperately needed cash. Lots of it, according to industry analysts. With both automakers struggling to survive amid slumping sales, a slowing ...
State to save HBOS and RBS - Times Online
THE government will tomorrow launch the biggest rescue of Britain?s high-street banks when the UK?s four biggest institutions ask for a £35 billion financial lifeline. The unprecedented move will make the government the biggest shareholder in at ...
FACTBOX-Financial rescue plans from G7 and EU countries - CNBC
- Oct 11 (Reuters) - The world's richest nations have vowed to prevent vitally important banks from failing and to unfreeze credit markets in a bid to halt panic in financial markets. The Group of Seven plan, however, was short on details. Eurogroup ...
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FACTBOX-Financial rescue plans from G7 and EU countries - CNBC
- Oct 11 (Reuters) - The world's richest nations have vowed to prevent vitally important banks from failing and to unfreeze credit markets in a bid to halt panic in financial markets. The Group of Seven plan, however, was short on details. Eurogroup ...
What caused economic crisis? No one thing - St. Petersburg Times
In this complex financial crisis, the presidential candidates have the biggest megaphone of all to help us understand the mess we're in. But relying on them for an unvarnished view is like asking competing trial attorneys to provide the "facts" of a ...
N. Korea Off U.S. Blacklist After Nuclear Inspection Deal - The Ledger
WASHINGTON | After North Korea relented on nuclear inspection demands, the U.S. on Saturday erased from a terrorism blacklist the communist country President Bush once branded part of an “axis of evil.” The U.S. step, assailed by some ...
AIG's gallows humour gives bankers a laugh - MSN UK News
WASHINGTON (Reuters) - Insurance giant American International Group , on the receiving end of a multi-billion dollar bailout from the U.S. Federal Reserve, was trying hard on Saturday to look on the bright side of life. "Credit markets do not ...