Business briefs: Market falls again for commercial paper (Sarasota Herald-Tribune)
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Business briefs: Market falls again for commercial paper (Sarasota Herald-Tribune)
NEW YORK -- The total amount of outstanding commercial paper fell sharply in the week to Wednesday, according to Federal Reserve data, the latest sign of the strain this market has been under amid recent turmoil in the credit market. The latest Fed data, released Thursday, showed that the total outstanding amount of commercial paper fell $90.
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Gross Urges Bush to Bail Out Homeowners (AP via Yahoo! Finance)
Bill Gross, one of the most powerful bond investors in America, called on the Bush administration to help millions of U.S. homeowners struggling to pay their mortgages.
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What If Your Mortgage Lender Goes Bust (TheStreet.com)
You can't stop making payments, but you may need to shop around for another loan.
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AP Executive Morning Briefing (AP via Yahoo! Finance)
The top business news from The Associated Press for the morning of Wednesday, August 22, 2007: Flooding Damages Organic Farmers' Crops
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AP Executive Morning Briefing (York Daily Record)
MILWAUKEE (AP)—Richard de Wilde estimates he lost hundreds of thousands of dollars this week when a foot of rain inundated his organic beef and vegetable farm in southwestern Wisconsin.
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Democrats push for aid for struggling homeowners (International Herald Tribune)
The party is criticizing the Bush administration's hands-off approach to the housing crisis, proposing a $1 billion bailout fund for homeowners and increased regulation of mortgage lenders and brokers.
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Sheriff's sales getting busier as foreclosures rise (Quad-City Times)
It was a scene being played out across the nation amid a growing number of home foreclosures.
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Democrats, Blaming a Hands-Off Approach, Press for Action to Aid Homeowners (New York Times)
Democrats in Congress and on the presidential campaign trail are seizing on the turmoil in mortgages to criticize the Bush administration?s laissez-faire approach.
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Fixing the Markets' Financial Black Holes (Seeking Alpha via Yahoo! Finance)
Carl Howe submits: This is the last in my series of commentaries on the current financial markets and stock prices in general. Following this, I'm going to return to my more focused and comfortable commentary on Apple and marketing.
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UPI NewsTrack Business (UPI)
U.S. stocks close up on Fed role thoughts ... Capital One to shutter GreenPoint Mortgage ... SEC charges Sentinel Management with fraud ... Computer shuts Wells Fargo transactions ... News from United Press International
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Business briefs: Market falls again for commercial paper (Sarasota Herald-Tribune)
These are more difficult because creditors keep these types of accounts in their current files and they are expecting you to pay them. That is why it will be much easier for them to verify the information and keep the item on your credit file. However, it is always worth a try.
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