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  • Citigroup says it lost $1.4 billion in the third quarter from credit card securitizations and that it expects such losses will continue, possibly reaching record levels in 2009. See full story. Economic Preview: Worst job losses since March 2003 ...
    www.marketwatch.com
  • --Commercial paper affirmed at 'F1'. --Junior subordinated debentures purchased by Allianz SE assigned at 'BBB+'. Fitch has also downgraded the insurer financial strength (IFS) ratings of HFSG's primary life and property/casualty insurance ...
    www.earthtimes.org
  • Boston Globe Paulson shift pressures home lenders, investors Boston Globe, United States - 8 hours ago Sheila Bair, the chairwoman of the Federal Deposit Insurance Corp. An FDIC initiative to rewrite problem loans for customers of the failed IndyMac Bank was ... EDITORIAL: mortgages, bailout, fdic Trading Markets (press release) Citigroup Plans to Ease Mortgage Terms for At-Risk Borrowers Washington Post FHFA’s Mod Plan ‘Falls Short,’ Says FDIC’s Bair Housing Wire New York Times all 10 news articles
    www.boston.com
  • BEAUFORT -- While turmoil in the national financial market pinches funding opportunities for the rest of the country, Beaufort County's credit rating is high enough to carry it through most of the upheaval, its financial advisor says.
    www.islandpacket.com

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