Credit Articles page 4

Chicago Tribune - European stocks fell Friday for the second day in a row, led by banks, after Wachovia Corp. forecast more loan losses, stoking concern the worst of the credit-market turmoil isn't over. "The news isn't supporting the banking industry at all," said ...

Daily Telegraph - Recent concerns about a sharp drop in City bonuses have not only worried the investment bankers, they have also weighed heavily on the shares of wealth manager St James's Place. Since the credit markets began their turmoil in May, the shares have ...

Reuters - WASHINGTON, Oct 19 (Reuters) - U.S. Treasury Secretary Henry Paulson said on Friday a multi-billion-dollar credit rescue fund that big banks were setting up was purely market-driven and was not intended to help banks dispose of bad assets. Paulson ...

New York Times - IT was spring of 1938, and Virgil M. Exner had a big decision to make. Although the Great Depression was loosening its grip, money was still tight. Exner, not yet 30, was already in charge of Pontiac styling at General Motors. But Raymond Loewy, the ...

Baltimore Sun - Just look at the offensive line, the unit that deserves so much credit for Turner's easy transition to the starting lineup and for the moderate success we've seen from tailbacks Lance Ball and Keon Lattimore. From last season's line, the Terps lost ...

Washington Post - The ECB has kept interest rates on hold at 4 percent since June, after a squeeze on global credit markets in mid-August scotched a rate rise almost all analysts had expected for September. Now most economists expect the ECB to keep rates on hold ...

Times Online - Considering that his critics accused Brian Ashton of being too much of a visionary and not enough the pragmatist, England’s head coach has not done a bad job in turning an average set of players – technically speaking – into World Cup runners ...

Bloomberg - Oct. 22 (Bloomberg) -- Crude oil fell for a second day after the Group of Seven finance ministers and central bankers said widening credit-market losses may stunt economic expansion. Technical charts showed oil's recent gains have been excessive. The ...

Reuters UK - LONDON (Reuters) - Private equity firms are likely to struggle to raise as much money as planned in the coming months, new research released on Friday shows, as the credit crunch brought third quarter fundraising to a two-year low. A total of 136 ...

Forbes - MUMBAI (Thomson Financial) - Standard & Poor's Ratings Services said it has placed its 'AA' counterparty credit and financial strength ratings on PMI Mortgage Insurance Co on negative watch after the niche bond surety company said it had incurred ...