Posts Tagged ‘ Greece ’

Chicago Fed Failed to Rein in Speculative Loans, Inspector Says May 4 (Bloomberg) — The Federal Reserve Bank of Chicago failed to halt speculative real estate lending that led to losses at banks in Indiana and Michigan that were later closed, the central bank’s inspector general said. Read more on Bloomberg Bank scheme offers...
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Career colleges: Top 10 in unpaid loans A list of the 10 career colleges with the worst student loan repayment rates. Figures are for 2008, and do not include Quebec, Nunavut or the Northwest Territories, which operate their own student assistance programs. The list also does not include schools that have since closed down...
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Senate OKs crackdown on payday loans DENVER – Amid warnings of mafia violence, the state Senate passed a revamped bill Friday to cut the interest rate on payday loans. The 18-17 vote on House Bill 1351 means that payday loan reform is very close to passage after failures in previous years. Read more on...
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Geithner vows crackdown on mortgage servicers WASHINGTON (Reuters) – Treasury Secretary Timothy Geithner on Thursday sharply criticized mortgage service companies for failing to do enough to help Americans avoid loss of their homes and promised to crack down on shoddy practices. Read more on Reuters via Yahoo! Philippines News California Offers Homeowners Principal Write-Downs,...
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Midday Glance: Finance companies NEW YORK (AP) — Shares of some top finance companies are down at noon: Bank of America fell $.77 or 4.0 percent, to $18.71. Citigroup fell $.19 or 4.0 percent, to $4.62. JPMorgan Chase fell $1.47 or 3.1 percent, to $46.34. Read more on AP via Yahoo! Finance Finance Minister:...
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