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Lenders: Most buyers can still qualify for mortgage (Montgomery Advertiser)
To paraphrase Mark Twain, the death of loans and credit have been greatly exaggerated, according to some central Alabama mortgage lenders.
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Oct. 12: Gov. Jon Corzine, D-N.J., Fmr. Rep. Rob Portman, R-Ohio, economic roundtable (MSNBC)
Transcript of the Oct. 12, 2008 broadcast of NBC's 'Meet the Press,' featuring Gov. Jon Corzine, D-N.J., Fmr. Rep. Rob Portman, R-Ohio, Erin Burnett, Paul Gigot, John Harwood and Ted Koppel
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Congressional hopefuls discuss the economy (Montgomery Advertiser)
For the first time in decades, Democrats are making serious bids to break the GOP's grip on the River Region's two congres sional districts.
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Economic slump doesn't hold back new development (Montgomery Advertiser)
The current economic slump brought some housing develop ments to a halt but convinced Lowder New Homes that it needed to go ahead with its Grand Park development in Millbrook.
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Economic Crisis: Story Ideas and Expert Commentary (Newswise)
With questions over the economy's future becoming more numerous by the day, the business, management and finance experts at the University of Alabama at Birmingham (UAB) School of Business are able to provide answers on a range of issues. Six UAB experts offer expert commentary on six topics connected to the country's economic crisis. All are available for print and broadcast interview.
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Closures & Layoffs (Oct. 5 -11): Another 159,000 Jobs Gone (CoStar Group)
In this week's issue: Manufacturing, retail, construction lead job losses. Plus we report on company closures and layoffs in: Alabama, Arizona, California, Florida, Georgia, Massachusetts, Nevada, New Mexico, New York, Ohio, Oregon, Tennessee, Texas...
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California, States Urge Feds to Widen Market Bailout (Update2) (Bloomberg)
Oct. 8 (Bloomberg) -- California and other states that need to borrow money for expenses are urging the Federal Reserve and the U.S. Treasury to broaden an effort to alleviate turmoil in the short-term debt markets.
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Split between Ga., Ala. senators on bailout reflects divide in GOP (Macon Telegraph)
In many ways, the congressional battle over the largest federal bailout in U.S. history reflected stark ideological differences among Republicans on whether conservative fiscal principles must yield in resolving the nation's financial crisis.
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California, States Eye U.S. Commercial Paper Plan (Update2) (Bloomberg)
Oct. 8 (Bloomberg) -- California and other states say they want their tax-exempt securities to be included in a Federal Reserve program to purchase U.S. commercial paper and ease turmoil in the short-term debt markets.
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Bank Writeoffs May Rise, Bond Spreads Fall on TARP (Update3) (Bloomberg)
Oct. 6 (Bloomberg) -- The U.S. Treasury's $700 billion plan to rescue the nation's banks from the subprime mortgage debacle may help bonds rebound from losses of at least 90 percent while contributing to writedowns at financial institutions.
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