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Debt management company
Merrill Lynch & Co. Inc., a central player in the nation's credit turmoil during the last year, has learned its lessons and will remain independent despite what is likely to be an unprecedented global consolidation in financial services. That's the ...
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Bullish view on Merrill's future - Philadelphia Inquirer
US mortgage giants Freddie Mac and Fannie Mae are set to be put under government control in an attempt to rescue the firms, media reports say. Top bosses would be removed under the US Treasury plans - which could see the US's largest ever financial ...
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US lenders 'face state takeover' - BBC News
The government's historic seizure of mortgage finance giants Fannie Mae and Freddie Mac could lower mortgage rates and breathe new life into the moribund housing market, analysts say. ''It should bring mortgage rates down, because Fannie and Freddie ...
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Bailout could push mortgage rates lower - Miami Herald
MANILA, Sept 5 (Reuters) - The Philippines plans to repay around $200 million of the National Power Corp's (Napocor) debts this month ahead, earlier than scheduled, to turn around the finances of the power firm, a government official said on Friday ...
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Manila to repay early $200 mln in power debt in Sept - Reuters UK
Sept. 7 (Bloomberg) -- Treasury Secretary Henry Paulson decided to take control of Fannie Mae and Freddie Mac after a review found the beleaguered mortgage-finance companies used accounting methods that inflated their capital, according to people ...
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Fannie, Freddie Capital Concerns Prompt Paulson to Take Control - Bloomberg
WASHINGTON : The U.S. government plans to take over Fannie Mae and Freddie Mac and all shareholders of the two mortgage giants will take a hit, an influential lawmaker said on Saturday. The move to take control of the two companies, expected to be ...
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U.S. plan for Fannie and Freddie to hit shareholders - International Herald Tribune
Last month, it even gave away a million free seats (although passengers still had to pay taxes and fuel surcharges). The seven-year-old company is aiming to fill the vacuum as other airlines reduce capacity, betting that more travelers will opt for ...
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Budget carrier AirAsia takes risky gamble with expansion amid downturn - Los Angeles Times
Last month, as Henry Kravis, the co-founder of Kohlberg Kravis Roberts & Co., and his wife, Marie-Josée, took their seats at the Water Cube aquatics center in Beijing for a session of synchronized diving at the Olympics, they quickly recognized a ...
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At Kohlberg Kravis Roberts, a tale of ingenuity and desperation - International Herald Tribune
General Environmental Management, Inc. (OTCBB: GEVI), a leading environmental and waste remediation company announced today it has completed the acquisition of Island Environmental Service, Inc. (IES), a California-based environmental transporter ...
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GEM Completes Acquisition of Island Environmental Services (IES) - MSN MoneyCentral
It's not a great time to be leasing Midway Airport . Airlines are being squeezed by fuel prices and are worried about the airport rent they pay. Investors in public infrastructure are running into tight-fisted bankers who are insisting they put a lot ...
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