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California May Seek Treasury Financing - Reuters
san francisco (reuters) - california gov. arnold schwarzenegger has told treasury secretary henry paulson that the most populous u.s. state may need to turn to the federal government for short-term financing because a $7 billion sale of notes may be ...
www.reuters.com

California May Seek Treasury Financing
california gov. arnold schwarzenegger has told u.s. treasury secretary henry paulson that the most populous u.s. state may need the federal government to buy $7 billion of debt the state is unable to sell due to weak credit markets- and that california may not be alone.
news.yahoo.com

Sherry Lauds New Credit Regulation Regime
national regulation of credit providers is a timely move which will make the credit system stronger, federal corporate governance minister nick sherry says. the council of australian governments yest
www.thewest.com.au

California May Need Emergency $7bn Loan - Financial Times
sacramento, oct 3 -- california gov. arnold schwarzenegger, alarmed by the ongoing national financial crisis, warned treasury secretary henry m. paulson on thursday that the state might need an emergency loan of as much as $7 billion from the federal ...
www.ft.com

California Is Running Out Of Money - Times Online
arnold schwarzenegger, the california governor, has told us treasury secretary henry paulson that the most populous state may need to turn to the federal government for short-term financing as a $7 billion sale of notes may be foiled by weak credit ...
www.timesonline.co.uk

Government Targets Predatory Lenders
the federal government will target dodgy mortgage dealers and payday lenders as part of an action plan agreed to at yesterday's council of australian governments meeting in perth.
www.skynews.com.au

States, Roiled In Credit Crisis, Face Lower Revenue (update1)
oct. 3 (bloomberg) -- u.s. states and municipalities from new york to california are facing deteriorating finances as investors shun their bonds in a credit market averse to all but the safest debt and a slowing economy erodes revenue.
www.bloomberg.com

Calif May Ask U.s. To Buy Planned $7 Bln Note Sale - Forbes
san francisco (reuters) - california gov. arnold schwarzenegger has told u.s. treasury secretary henry paulson that the most populous u.s. state may need the federal government to buy $7 billion of debt the state is unable to sell due to weak credit ...
www.forbes.com

Asia Braces For Bailout Fate - Forbes
markets in asia strayed further into red territory on friday, as investors braced for a vote by the u.s. house of representatives on a financial rescue plan . commodity prices took a beating on fears of a steeper global slowdown, as analysts cut ...
www.forbes.com

Federal Spending Increased 4.4 Percent In 2007
the federal government allocated $2.56 trillion in domestic spending for fiscal year 2007, up 4.4 percent from 2006, according to the u.s. census bureau. this and additional information on federal funding is included in two new reports being released today. consolidated federal funds report: 2007 provides a broad overview of how and where the federal government distributes funds. statistics are ...
www.centredaily.com

Calif. May Need Emergency $7 Billion Loan
california may need an emergency loan of up to $7 billion from the federal government within weeks, gov. arnold schwarzenegger was quoted in the los angeles times on friday.
www.msnbc.msn.com

Overview: Liquidity Freeze Causes Volatile Week - Financial Times
global markets endured their most volatile week since the credit crunch began more than a year ago, as lending between financial institutions halted and weak economic data foreshadowed a hard landing for the us and europe. stock markets suffered ...
www.ft.com

Lawmakers Reverse Course, Send Bill To White House - Houston Chronicle
washington — congress has passed complex and highly criticized legislation authorizing $700 billion in government money to shore up the nation's stressed financial industry. the 263-171 vote by the house sends the senate-passed version to the white ...
www.chron.com

Financial Troubles Humble Us
the success of the pending rescue of the u.s. financial system probably depends as much on the central banks of china and the middle east as on congress and the federal reserve.
yaleglobal.yale.edu

How And Why The Federal Government Created The Mortgage Meltdown
a new policy report by stan j. liebowitz reveals the causes of the crisis
news.yahoo.com

States, Roiled In Credit Crisis, Face Lower Revenue (update1) - Bloomberg
oct. 3 (bloomberg) -- u.s. states and municipalities from new york to california are facing deteriorating finances as investors shun their bonds in a credit market averse to all but the safest debt and a slowing economy erodes revenue. new york ...
www.bloomberg.com

States Roiled By Credit Crisis; Schwarzenegger Suggests Fed Aid - Bloomberg
oct. 3 (bloomberg) -- u.s. states and municipalities from new york to california are facing deteriorating finances as investors shun their bonds in a credit market averse to all but the safest debt and a slowing economy erodes revenue. new york ...
www.bloomberg.com

California Is Running Out Of Money
arnold schwarzenegger, the california governor, has told us treasury secretary henry paulson that the most populous state may need to turn to the federal government for short-term financing as a $7 billion sale of notes may be foiled by weak credit markets.
www.timesonline.co.uk

Congress Clears Hotly Contested Bailout Bill
congress passes complex and highly criticized legislation authorizing $700 billion in government money to shore up the nation's stressed financial industry. the 263-171 vote by the house sends the senate-passed version to the white house for president bush's signature. among many features, the measure would allow the treasury department to buy up bad debt from various lending institutions. ...
news.wired.com

Congress Passes Bailout Bill - San Diego Union-tribune
house minority leader john boehner and minority whip roy blunt are optimistic that the changes to the bailout proposal will result in passage of a $700 billion rescue package. media player house members are debating the merits of a revived and ...
www.signonsandiego.com