Mortgage and Financial News From 2008-6-16 Page 13
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A list of CEOs deposed during the credit crisis (Seattle Times)
Some call them victims of the credit crisis, others call them the perpetrators. Here's a list of CEOs in the financial services industry who have been ousted over the past year in the wake of the mortgage market meltdown.
2008-06-15 06:13:41 -
Reuters Business Summary (Reuters via Yahoo! Malaysia News)
AIG replaces CEO Sullivan amid subprime woes
2008-06-15 10:30:00 -
Property shares slump in past week (Prague Daily Monitor)
Prague, June 13 (CTK) - Shares of property developers Orco and ECM slumped by around one-tenth on the Prague Stock Exchange in the past week, suffering the most from the lingering selling mood on world capital markets, data from the bourse have shown.
2008-06-15 11:09:48 -
Market Wrap Week Ending 6/13/08 (GoldSeek.com)
This week’s report is going to focus on a seldom discussed possibility that may be starting to rear its ugly head – intermarket disassociation. For years, perhaps decades, the markets have exhibited certain relationships between one another.
2008-06-15 11:11:36 -
Sikeston housing market still strong (Southeast Missourian)
Low interest rates are pushing people to the market
2008-06-16 12:13:46 -
Reuters Business Summary (Reuters via Yahoo! Philippines News)
Analysts see lower Q2 earnings at investment banks
2008-06-16 01:00:52 -
Analysts see lower Q2 earnings at investment banks (EARTHtimes.org)
BANGALORE (Reuters) - Wall Street analysts have forecast a huge drop in second-quarter earnings for Goldman Sachs Group Inc and Morgan Stanley , while Lehman Brothers Holdings Inc is expected to post its first-ever quarterly loss, mainly on hedging losses.
2008-06-16 01:03:47 -
UPS loses data on 3.9 million Citigroup clients - Baltimore Sun
Citigroup Inc., the world's largest financial-services company, said yesterday that computer tapes containing personal data on 3.9 million loan customers have been lost by United Parcel Service. The Manhattan-based company said the tapes contain ...
2008-06-15 11:55:00 -
AVIATION: 4,000 Delta workers take buyouts - Detroit Free Press
The airline said May 30 that 3,000 workers had accepted the severance offers, and since then 1,000 more people have agreed to leave the Atlanta-based company, spokeswoman Betsy Talton said Friday in a telephone interview.
2008-06-16 12:10:00 -
'Each week it's harder' - Baltimore Sun
Home buying and refinancing are good for mortgage brokers, who match borrowers with loans. Less buying and refinancing is bad. A 2 1/2 year housing slump paired with increasingly restrictive borrowing rules and a shift to lenders handling more of ...
2008-06-15 10:51:00 -
Half of Wall St. profits gone (Denver Post)
Only a year ago, Wall Street reveled in an era of superlatives: record deals, record profit, record pay.
2008-06-15 11:55:41 -
Reuters Canada Business Summary (The Globe and Mail)
NEW YORK (Reuters) - The world's biggest insurer, American International Group Inc , replaced CEO Martin Sullivan on Sunday after it suffered two quarters of record losses from risky mortgage bets and its share price more than halved over the past year.
2008-06-16 12:02:31 -
'Say on pay' bills may be more cudgel than reality (Southeast Missourian)
WASHINGTON — Investors who want some say in how corporate executives are paid will know the next president supports their cause — but there are differences in how to get there.
2008-06-16 12:12:09 -
Sikeston housing market still strong (Southeast Missourian)
Low interest rates are pushing people to the market
2008-06-16 12:13:46 -
Clarksville family's dream house infested with miniature bugs (The Tennessean)
CLARKSVILLE, Tenn. — Amy and Juan Serna were happy when they bought their new home on Church Place Avenue in October 2007.
2008-06-16 12:17:56