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  1. "Currently, one in 10 homeowners owes more than his home is worth. " -- John Heasley Texas Bankers Association The United States' mortgage failures and tight credit have caused great uncertainty for many investors, David Barnard, former board member of the 11th District of the Federal Reserve Bank, told the Lampasas County Conservative Club in a recent presentation about the response to the ...
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  2. Nov. 6 (Bloomberg) -- The International Monetary Fund approved a $16.4 billion loan to Ukraine to help support the former Soviet republic's financial system, which has been battered by the global credit crisis. The two-year loan will be used to cover ...
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  3. TORONTO, Nov 12 (Reuters) - Canada's Finance Minister Jim Flaherty said on Wednesday that its industry minister has had meetings with the country's auto makers as the car companies struggle to survive amid the global credit crunch. The moves come as ...
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