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The Auto Makers Are Already Bankrupt - 1 hour ago - The moment of truth in the nation's automotive bailout debate might have come this week. As the CEOs of GM , Ford and Chrysler begged Congress for federal aid, a Detroit radio talk-show host asked whether Michigan, as well as the car 0133 : Wall Street Journal

A simple plan to fix the economy - 1 hour ago - The current lack of direction from Treasury Secretary Paulson on the 700 billion plan to relieve the US banking system of bad loans had me thinking the other day. Why not just mandate an option to home owners that all current homesteaded 0133 : Timberjay Newspapers

FDIC May Exclude Shortest-Term Loans From Debt Plan Update1 - 4 hours ago - Nov. 21 Bloomberg U.S. bank regulators may exclude the shortest-term loans from a 1.4 trillion debt-insurance program, helping the Federal Reserve avoid further unpredictable swings in the country's main interest rate. Federal Deposit 0133 : Bloomberg

FDIC May Exclude Shortest-Term Loans From Debt Plan Correct - 4 hours ago - Nov. 21 Bloomberg U.S. bank regulators may exclude the shortest-term loans from a 1.4 trillion debt-insurance program, helping the Federal Reserve avoid further unpredictable swings in the country's main interest rate. Federal Deposit 0133 : Bloomberg

Home values plunge again - 5 hours ago - More on housing crisis Home sales prices took another tumble in October, as the three-year slide in home values continued. Stanislaus County homes sold for a median 161,500 last month, which was 17,500 below September. Home prices have 0133 : Modesto Bee

Rise in UK home repossessions - 4 hours ago - The number of houses taken into repossession rose in the third quarter despite a concerted effort by lenders to keep borrowers in their homes for as long as possible. Data from both the Ministry of Justice and the Council of Mortgage 0133 : Financial Times

Mortgages for Ibiza expats - 46 minutes ago - IT'S party time for expats putting down roots in Ibiza because a new banking branch has opened in San Antonio - one of the most popular resorts for British tourists. A team of English and Spanish-speaking colleagues at the Banco Halifax 0133 : The Sun

Some foreclosures placed on hold - 8 hours ago - Fannie and Freddie were brought under government control in September in efforts to bolster the ailing mortgage market battered by souring home loans and falling residential real estate prices. The temporary suspension applies to 10,000 0133 : Louisville Courier-Journal