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Even high-earners can suffer from excess debt (The Meridian Star)
Millions of American households are behind the eight ball when it comes to excess debt. It might surprise some people to learn that even those with high earnings are not exempt.
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Hard Lesson: Americans Tighten Wallets (ABC News)
More consumers are trimming spending, debt, after net worth falls fast.
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Overseeing Finance's New Era (Washington Post)
Massive consolidation in financial markets has been underway for some time. Virtually every credit crisis since World War II has spawned further concentration, often followed by new policies that supported deregulation. At the start of this year, before the current crisis was in full swing, the 15 largest U.S. financial institutions had combined assets of $14 trillion, which accounted for more ...
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Americans tightening belts (The Christian Science Monitor via Yahoo! News)
The dramatic changes in the US financial system – the debt write-downs and consolidation of corporate balance sheets – are now mirrored at kitchen tables around the United States.
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Beyond merger talks, GM eyes federal funds (Reuters via Yahoo! News)
What's good for General Motors Corp is good for the country.
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It's important to start guarding your credit (Los Angeles Daily News)
The FICO score is used by banks and other credit providers to determine the likelihood that a customer will repay debt.
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Americans tightening belts (Muzi)
The dramatic changes in the US financial system - the debt write-downs and consolidation of corporate balance sheets - are now mirrored at kitchen tables around the United States.
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(AFX UK Focus) 2008-10-10 11:27 UPDATE 1-Hungary to slash govt debt sales, market illiquid (Interactive Investor)
BUDAPEST, Oct 10 (Reuters) - Hungary's debt agency AKK announced plans on Friday to cut net government debt sales by 200 billion forints ($1.09 billion) over the rest of the year, but the government debt market was at a near standstill.
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Bankruptcy financing gets pricier and more elusive (Reuters via Yahoo! News)
Financing is getting pricier and more elusive for companies that file for bankruptcy.
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Beyond merger talks, GM eyes federal funds (Reuters via Yahoo! Singapore News)
By Kevin Krolicki and John Crawley
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