Ansonville North Carolina Lenders

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Features
EU businesses: states should buy company debt (AP)
AP - European Union businesses called on EU governments Wednesday to buy up company debt to ease financing and help prevent bankruptcies as the economy shrinks.
 
Obama says reviewing TARP, eyeing homeowner relief (Reuters)

Reuters - President-elect Barack Obama said on Wednesday he is reviewing whether taxpayers are getting maximum bang for the buck from a $700 billion government financial rescue package and indicated particular interest in helping prevent mortgage foreclosures.

 
AIG, U.S. in deal to terminate some debt obligations (Reuters)

Reuters - American International Group Inc and the U.S. government have reached an agreement to clear the insurer of its obligations on about $53.5 billion in toxic mortgage debt, the giant insurer said in a regulatory filing on Tuesday.

 
Northern Rock extends repossessions grace period (AP)
AP - Northern Rock, the nationalized mortgage lender, said Wednesday it would wait at least six months before moving to repossess homes when payments fall behind.
 
"Bottom's been made" in stocks: Legg Mason's Miller (Reuters)
Reuters - Legg Mason's Bill Miller, a celebrated value investor but whose stock picking is far off the mark this year, said on Wednesday the "bottom has been made" in U.S. equities, and forecast opportunities for strong gains once markets rally.
 
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Ansonville NC Lenders