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Why Rescue Failed - New York Post
it was just two days short of being an october surprise. a historic house vote on the paulson bailout plan became historic for a reason no one expected: it went down to defeat, and not by a narrow margin. as the dow plummeted 777 points, republicans ...
www.nypost.com

Doubts About Patron's Credit Cards Too Late
a mount prospect business owner learned that the reason one of his customers had four or five credit cards -- each bearing a different name -- but no identification, was because they were stolen, village police reported.
www.pioneerlocal.com

Tight Credit Becomes Problem For Small-business Owners
as lawmakers debate the proposed financial bailout bill, small-business owners who are especially vulnerable to financial meltdowns face even tighter credit than usual.
www.usatoday.com

Main Street Pans Bailout, Says Bankers Get `what They Deserve' - Bloomberg
sept. 30 (bloomberg) -- main street thinks even less of the $700 billion wall street bailout plan than the u.s. house of representatives, which defeated it yesterday. ``this thing they're talking about is only going to make the rich richer,'' said ...
www.bloomberg.com

50 Years Of Plastic Money - Kansas City Star
the credit card brought us the concept of buying things with money we did not necessarily have, and also necessitated the creation of services such as consumer credit counseling service. they called it the fresno drop. fifty years ago this month ...
www.kansascity.com

Local Business Impacted By Bailout
business in northeast indiana has been impacted by the uncertainty of a bailout. formula thunderbird boats in decatur has seen its business tighten in recent weeks. its main problem has been credit. president
www.wane.com

Credit Cards To ‘implode:' Analyst
bad card debt expected to begin in the first quarter of next year, even as mortgage crisis continues to unfold, new york research firm warns
www.reportonbusiness.com

Bush ‘disappointed’ After Bailout Plan Is Defeated - Independent
us politicians shocked the world yesterday when they rejected the $700bn (€486bn) bailout to save the global financial system from potential collapse. there were extraordinary scenes within minutes of congress voting against the plans. american ...
www.independent.ie

Crisis Raises Questions And Opportunities - Washington Post
it was just a few months ago when i was eating a hamburger with carlyle group co-founder bill conway and he was predicting that the mayhem on wall street would get worse and last at least a year. credit cards, auto loans, small-business loans, home ...
www.washingtonpost.com

Credit Card Receipts Can Cause Legal Headache Despite Changes To Law
question: i was told recently that congress is amending a federal law that prohibits businesses from printing certain information on credit card receipts. is that true, and if so, what does that mean for my business?
www.bizjournals.com

Credit Cards Likely To Change
credit-card holders, you're in for a rough ride. as the financial crisis deepens, some experts say card issuers will be even quicker to raise interest rates, drop people's spending limits and tighten up credit. "you can definitely expect that banks will tighten up the credit-card market," said bill hardekopf, chief executive officer of lowcards.com. "we've now moved into a more risky and tenuous ...
www.inrich.com

Chucking Credit Cards May Be Mixed Blessing - Courier-journal
"people look at me like i'm an anomaly. but guess what? it's a whole lot easier when you're not juggling debt," said paige lefevre, a 41-year-old atlanta resident. the idea of living without credit cards is getting greater consideration at a time ...
www.courier-journal.com

Consumers Caught In Credit Bind - Chicago Sun-times
when deb freitag applied for a credit card so she could replace her roof, her leaky refrigerator and her old dishwasher, she was offered a $1,000 line of credit, not the $5,000 she needed. when mark ryan finally scraped together more than enough to ...
www.suntimes.com

Cashback Credit Cards Not All Equal
what's better than a credit card that gives points for free flights? how about a credit card that gives cash rebates? you can book your own flights during seat sales, often a better deal than using the card.
www.thestar.com

Local Banks, Businesses Feel Credit Squeeze
saying borrowing already has gotten more difficult, louisville bankers and business leaders said yesterday they're hopeful that a government-engineered solution will be reached soon to avoid a more serious economic downturn.
www.courier-journal.com

Rba Could Wipe Fee Cap On Cards - The Age
regulations governing the credit card service fees paid by merchants could be removed within a year if card companies accede to reserve bank recommendations. the rba announced the incentive at the culmination of its 2007-08 review into the rules ...
business.theage.com.au

Mich. Delegation Votes 9-6 Against Plan - Lansing State Journal
washington - reflecting deep divisions in congress over legislation to revive the financial services industry, the four republican house members from mid-michigan split evenly on the bill monday as it failed 228-205. and the entire michigan house ...
www.lansingstatejournal.com

Spending On Credit Slows
australians are tightening their financial belts, with annual credit growth in august at its slowest pace for six years, new figures show.
www.news.com.au

Credit Squeeze Hits Local Businesses
getting money to run businesses or finance projects in new jersey has become more difficult, just like the rest of the country, as turmoil in the financial markets continues to tighten the availability of credit.
www.northjersey.com

Wachovia Sold At The Fdic's Urging - Washington Post
the sale of wachovia 's banking business to citigroup yesterday marked the second time in five days that a major u.s. bank was forced from existence in part by fleeing depositors, raising serious questions about the stability of other financial firms ...
www.washingtonpost.com