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The Fed Has Had To Get A Little Creative
the federal reserve has used all its traditional tools and some new ones as it grappled with a spreading credit crisis. among them: deep interest rate cuts. low-cost lending to banks and investment banks. credit swaps with other central banks. and providing financing sources for the shutdown of investment bank bear stearns and the rescue of troubled insurer aig.
www.usatoday.com

Car Dealers Face The Grim Reaper - Cnn Money
new york (cnnmoney.com) -- if you want to see how america's credit crisis is hitting the streets of your hometown, go to your local car dealer. auto dealers depend on credit. they need it to run their stores and their customers need it to buy their ...
money.cnn.com

Brazilian Stocks Rise On U.s. Package, Auto Demand; Bolsa Gains - Bloomberg
oct. 3 (bloomberg) -- brazilian stocks gained for the third time this week, led by miners and steelmakers, on speculation a pickup in auto sales and passage of the u.s. financial market rescue package will bolster the economy. cia. siderurgica ...
www.bloomberg.com

Aig May Need To Sell More Units To Repay U.s. Loan (update2)
oct. 2 (bloomberg) -- american international group inc. head edward liddy , who promised investors a smaller, nimbler company after selling units to repay an $85 billion u.s. loan, has shareholders wondering if there will be anything left to run.
www.bloomberg.com

Bush Signs Spending Bill, Gives Ok To $25 Billion Auto Loans
on tuesday, president george w. bush lent his john hancock to a $634 billion spending bill that includes the $25 billion low interest government-backed loan guarantees that the domestics have all but been begging for. the loan is intended to provide the capital necessary for automakers to retool plants so that they may begin producing more ..
blogs.thecarconnection.com

Russian Mogul Surrenders Stake In Magna International - Wall Street Journal
moscow -- russian billionaire oleg deripaska gave up one of his showcase foreign acquisitions to creditors in the first public example of how the global credit crisis is squeezing even the country's richest tycoons. on friday, magna international inc ...
online.wsj.com

Loan Crunch Hits Home - Olympian
a stalled national economy and a banking sector gripped by uncertainty has resulted in tighter lending standards for south sound auto dealerships, home builders and retailers. economic volatility the past two weeks, highlighted by steep sell-offs on ...
www.theolympian.com

Loan Crunch Hits Home
a stalled national economy and a banking sector gripped by uncertainty has resulted in tighter lending standards for south sound auto dealerships, home builders and retailers.
www.theolympian.com

Will Bailout Mean Better Credit, Mortgage Rates?
with predictions that the bailout will loosen up what's become an extremely tight credit market, what will this mean for the average person just trying to get a loan or a better mortgage rate? cbs 2 hd has one long island family's story.
wcbstv.com

Credit Crisis Is Twin Threat To Car Dealers - Aol
new york (oct. 3) - if you want to see how america's credit crisis is hitting the streets of your hometown, go to your local car dealer. auto dealers depend on credit. they need it to run their stores and their customers need it to buy their products ...
money.aol.com

Bush Signs $25b Auto Loan Bill - Detroit News
washington -- president bush signed a $634 billion spending bill tuesday that includes funding for $25 billion in low-cost government loans for the auto industry. the landmark loan program will allow automakers to borrow money to retool plants to ...
www.detnews.com

Auto Dealers Feel Pain Of Credit Crunch
the tightening credit markets means countless car buyers are unable to get auto loans, and it’s hitting automotive dealerships hard.
www.msnbc.msn.com

Local Auto Dealerships Fight Economic Downturn
if you can find a loan for a new car, you still might be able to get a good deal.
www.wral.com

Will Bailout Mean Better Credit, Mortgage Rates? - Cbs 2
new york (cbs) ? with predictions that the bailout will loosen up what's become an extremely tight credit market, what will this mean for the average person just trying to get a loan or a better mortgage rate? cbs 2 hd has one long island family's ...
wcbstv.com

Bush Approves $25b Auto Loan Program - Detroit News
washington -- president bush signed a $634 billion spending bill tuesday that includes funding for $25 billion in low-cost government loans for the auto industry. the landmark loan program will allow automakers to borrow money to retool plants to ...
www.detnews.com

Auto Sales Plunge As Credit Crunch Hits
major automakers reported plunging u.s. sales for september -- led by a 34 percent slide at ford motor co -- as an escalating credit crisis hit the slumping industry and raised new doubts about when the world's largest auto market would stabilize.
news.yahoo.com

Factory Index Falls To 7-year Low As Auto Sales Dive
sharp declines in september factory activity and auto sales offered the latest evidence wednesday that the credit crunch is having an impact on the real economy.
news.yahoo.com

Mortgages And Car Loans Tougher ... Not Impossible - Cnbc
a credit tourniquet may be threatening main street, but so far there is enough money in the system for consumers to get mortgages or auto loans, at least those with good credit scores—but under stricter terms. “what you have seen is that the ...
www.cnbc.com

Big Car Sales Slump - The Age
sales of large cars plunged in september, putting more jobs at risk in an already battered industry. large car sales dropped 11.8%, or 1310, to 9805 for for the month, down from 11,115 in september last year. the slumping demand in the segment is bad ...
business.theage.com.au

Credit Crisis Hits Auto Sales
u.s. auto sales plunged nearly 27% in september to less than 1 million vehicles as the credit crisis kept many would-be buyers from getting loans and the wall street meltdown further undermined consumer confidence.
www.detnews.com