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Is Chrysler a lost cause? - 3 hours ago - DETROIT AP - Even by the standards of battered automakers, Chrysler is in dire shape. Its sales in December were down a stunning 53 percent, far worse than Ford or General Motors , and analysts say it probably won't survive the year as an 0133 : WTOP Radio

Late Loan Payments Hit Record High - 6 hours ago - AP Late payments on consumer loans in last year's third quarter hit the highest level since record-keeping began in 1980, the American Bankers Association said Wednesday. The association said delinquencies rose to a seasonally adjusted 0133 : CBS News

ICICI cuts home, auto loan rates 50 bps - 1/1/2009 - The bank s decision came after rate cuts by public sector banks and some of its major private sector rivals like HDFC and HDFC Bank earlier this month. ICICI Bank said it has reduced its floating reference rate FRR for home loans and auto 0133 : Business Standard

Treasury considers bank lending guarantees for business - 5 hours ago - The government is considering a package of measures to cushion the blow of the recession which could include throwing lifelines to big companies, small businesses and households starved of finance in the money markets. A high level team of 0133 : Guardian Unlimited

News Briefs - 1 hour ago - Martha's Vineyard Commission, Chamber presentation to focus on economy David Augustinho, executive director of the Cape and Islands Workforce Investment Board, will talk about the economy and state funding for local business at a free 0133 : Martha's Vineyard Times

Paulson Recommends Nixing Freddie and Fannie - - Treasury Secretary Henry M. Paulson Jr. today called for abolishing Fannie Mae and Freddie Mac and replacing them with highly-regulated utilities that would play a more narrow role in supporting the U.S. housing finance system. In what the 0133 : Washington Post

WRAPUP 3-Paulson says Obama will decide on rescue spending - 56 minutes ago - WASHINGTON, Jan 7 Reuters - President-elect Barack Obama will decide how to spend the remaining half of a 700 billion economic rescue program, a top Bush administration official said on Wednesday, while a key Democratic lawmaker outlined 0133 : FXStreet.com

Macquarie Says Market Exceptionally Challenging Update1 - 2 hours ago - Jan. 8 Bloomberg Macquarie Group Ltd. , Australia s largest investment bank, said exceptionally challenging market conditions in the December quarter will dent profitability as it cuts assets to weather the global credit crunch. 0133 : Bloomberg