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New York Fed Begins Purchases of Agency Mortgage 0133 - 1 day ago - Jan. 5 Bloomberg The Federal Reserve Bank of New York started buying mortgage-backed securities today as part of a 500 billion program to support the U.S. housing market. The New York Fed began purchasing fixed-rate mortgage- backed 0133 : Bloomberg

Dollar Rises After GM Says May Not Need More Government Funds - 4 hours ago - Jan. 7 Bloomberg The dollar rose for a sixth day against the yen, the longest run of gains in two years, after General Motors Corp. said rescue loans already pledged by the government should ensure the biggest U.S. automaker s 0133 : Bloomberg

Failed US home loans bank IndyMac sold for 14 bn - 1/3/2009 - WASHINGTON A group of private investors has agreed to buy for nearly 14 billion the collapsed home loans specialist IndyMac Bank, the third-largest bank to fail since the US government began insuring deposits in 1934. The group is headed 0133 : Daily News and Analysis

AmTrust submits turnaround plan to regulators - 1 hour ago - After being cited for unsound banking practices and losing money the last two quarters, Cleveland's AmTrust said Tuesday that it has submitted a turnaround plan to regulators. Spokeswoman Donna Winfield said the plan was submitted Monday to 0133 : Cleveland Plain Dealer

Rates are low, but loans difficult to get - 1 day ago - Mortgage rates are at their lowest level in decades, but thousands of Silicon Valley residents are discovering that qualifying for a loan is tougher than it has been in years. Banks are reluctant to lend at favorable rates to all but the 0133 : San Jose Mercury News

Credit crunch the big picture - 3 hours ago - All week, you've been hearing about subprime this, and asset-backed that, and commercial paper whatever. Here's the big picture the stock market has been going strong for years. This pullback is a natural and expected result some say it 0133 : Toronto Star

Message Board - 1 hour ago - Select a topic Ramalinga Raju letter Satyam fiasco Hiring outlook Airline industry fortune Where to invest in 2009? Last option? Interest rate cut India Inc and corporate governance Who is the next FM? Imagining India Brand Mumbai takes a 0133 : Sify

BOFA'S LEWIS GETS CASE OF MERGER FLU - 2 hours ago - Some nasty indigestion is setting in for Bank of America and CEO Ken Lewis after the firm's gorging on a string of big Wall Street names. Dubbed Banker of the Year by American Banker, Lewis is now following the lead of his peers, telling 0133 : New York Post