FEDERAL SMALL BUSINESS LOAN News, Sports, Shopping, Travel information

Homeowners Facing Foreclosure May See Little Benefit From Wall Street ... - Baltimore Sun
washington (ap) _ the harsh reality for murielle montes and hundreds of thousands of homeowners who are behind on their mortgages is this: a $700 billion bailout of the financial industry will probably do little to help them avoid foreclosure. on ...
www.baltimoresun.com

Perriello Assails Goode On Business Vote
a vote cast by 5th district u.s. rep. virgil goode jr. on monday was an effort to ensure that federal programs designed to help small business owners benefit only u.s. citizens, but tom perriello, goode’s challenger in the nov. 4 election, said the vote missed the mark.
www.martinsvillebulletin.com

Amid Financial Turmoil, Small Banks Thrive
wall street may be on a roller coaster and credit markets in a deep freeze, but many smaller, local banks aren't yet feeling the pinch. they lend only as much money as they take in and stayed out of the subprime mortgage business. leon moore, of the bank of floyd in floyd, va., says his bank hasn't taken a federal loan in 10 years.
www.npr.org

House Leaders Win Key Converts On Bailout Bill - Seattle Post Intelligencer
washington -- desperate to avoid another market-crushing defeat, house leaders won key converts thursday to the $700 billion financial industry bailout on the eve of a make-or-break second vote. president bush and congressional leaders lobbied ...
seattlepi.nwsource.com

Gm Official Praises Loan Deal For Big 3 - Miami Herald
at the same time congress was wrestling with a potential $700 billion bailout of the banking and investment industry, president bush on tuesday signed a $25 billion loan package that troy clarke, general motors' president of north american operations ...
www.miamiherald.com

Upi Newstrack Business
u.s. markets fall on manufacturing news ... candidates pledge jobs, but where? ... nuclear plant loan guarantee apps received ... credit crunch hits large and small ... news from united press international.
www.upi.com

Finally: A Small Business Happy Ending
while many families are worried about their savings, small business owners are afraid of the credit crisis. many are facing the prospect of closing down all together. cbs 2 hd talked to one long island entrepreneur who nearly ran out of options.
wcbstv.com

Reno Car Dealers, Small Businesses Feel Credit Crunch - Reno Gazette
reno small-business owner marco romero knows all about that. after two attempts with separate banks for a loan for his three-year-old information technology business, biz-net, he tried a third, where he knew a loan officer, and succeeded — but got ...
www.rgj.com

Oct 2, 9:17 Pm Edt - Associated Press
washington (ap) -- a wave of house converts jumped aboard the $700 billion financial industry bailout thursday on the eve of a make-or-break second vote, as lawmakers responded to an awakening among voters to the pain ahead of them if stability isn't ...
hosted.ap.org

Small N.j. Banks See More Loan Business
with wachovia and washington mutual being bought out by more stable institutions, some local community banks have found more opportunities to expand their lending businesses despite what economists are calling the worst financial crisis in decades.
www.northjersey.com

Brother, Can You Spare A Loan?
many of america’s small-business owners are scrambling for cash.
dealbook.blogs.nytimes.com

House Leaders Win Key Converts To Bailout Bill - Akron Beacon Journal
desperate to avoid another market-crushing defeat, house leaders won key converts thursday to the $700 billion financial industry bailout on the eve of a make-or-break second vote. president bush and congressional leaders lobbied furiously for the ...
www.ohio.com

Rudd To Push For Tighter Credit Control - News.com.au
coag meeting to push for tighter control over lending kevin rudd to push for credit code revamp making money: more personal finance news in our money section kevin rudd will push to tighten national control over the regulation of home loans at ...
www.news.com.au

Small Banks Score A Coup By Lobbying
increasing the cap on deposit insurance, proponents say, would bolster confidence in the banking system and would help small-business owners.
www.nytimes.com

Credit Squeeze Tightens For Area Small Business
small- and medium-sized companies dependent upon credit and raising capital to stay in business and grow will have an increasingly tough time staying afloat as banks tighten credit, say business development professionals.
telegram.com

Failed Lender Played Regulatory Angles - Wall Street Journal
despite repeated red flags, regulators didn't stop the lenders from churning out billions of dollars in risky loans until it was too late. the banks' second-in-command had been cited by a federal agency for "unsafe" loan practices, and barred from ...
online.wsj.com

What Could $700 Billion Buy? - Detroit Free Press
washington — brother, can you spare a billion? more like $700 billion, to be precise. with washington trying to finagle a $700-billion rescue for the nation’s financial system, the federal money sought by other projects is starting to look like ...
www.freep.com

Wilson: Loan Plan Necessary
u.s. rep. charlie wilson (d-18th) was in bridgeport wednesday, explaining his stance on the latest proposal to loan hundreds of billions of dollars to financial institutions, saying the loans are necessary to keep small businesses open and to keep lines of credit available for consumers.
www.timesleaderonline.com

Open Letter To President Bush: Bail Out Small Businesses, Too
hey, mr. president and members of congress, as long as you're handing out money to huge corporations, how about doing something for small business?
www.clarionledger.com

Congress Working Today On Adjusting Plan - Detroit Free Press
washington -- congress will take another run tonight at moving forward on a $700-billion rescue plan for the nation's ailing credit markets, as lawmakers agreed to increase the federal insurance on bank deposits and opponents unleashed a new round of ...
www.freep.com