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Long-term idea for Detroit 3 Think globally for 0133 - 1 hour ago - All right, Congress. You are revisiting federal aid to Chrysler LLC, Ford Motor Co. and General Motors Corp. this week. You want a plan to set the U.S. auto industry on the road to long-term health and sustained profits. A short lame-duck 0133 : Detroit Free Press

'We may have to restructure loans to textiles, steel, real 0133 - 1 hour ago - To a certain extent, the slowdown is a correction. Markets were overheated. A correction was indeed the need of the hour. As far as the preparedness of my bank is concerned, I am not at all shaky. We have a sound repayment flow and my 0133 : Business Standard

Investor Sues to Block Mortgage Modifications - 5 hours ago - The battle over the mass modifications of troubled mortgages has begun in earnest. On Dec. 1, William Frey, a private investor in mortgage-backed securities, filed an unprecedented lawsuit in U.S. District Court in the Southern District of 0133 : BusinessWeek

Freddie Mac Expanded Investment in Home Loans - 11/24/2008 - Freddie Mac increased its support for the nation's ailing home loan market in October, in part playing the role the government desired when it seized the mortgage finance giant. The McLean-based company and its bigger sibling, Fannie Mae of 0133 : Washington Post

JPMorgan axes 9200 Washington Mutual jobs - 26 minutes ago - JPMorgan Chase Co said it will cut about 9200 jobs at the former Washington Mutual, which on Sept 25 became the largest US bank to fail. The cuts amount to more than 21 of the workforce at Washington Mutual, which ended June with 43,198 0133 : The Age

JPMorgan to cut 9,200 Washington Mutual jobs - 19 minutes ago - NEW YORK Reuters - JPMorgan Chase Co on Monday said it will eliminate about 9,200 jobs at the former Washington Mutual Inc , which on Sept 25 became the largest U.S. bank to fail. The cuts amount to more than 21 percent of the workforce 0133 : MSN MoneyCentral

Falling house prices helping some Whatcom County residents buy 0133 - 7 hours ago - As a global economic storm dominates financial headlines, some Whatcom County residents are still finding affordable ways to borrow money and buy homes as prices moderate. People who were priced out of the market six months to a year ago 0133 : Bellingham Herald

More non-Muslims trying Islamic banking-OCBC - 1 hour ago - KUALA LUMPUR, Dec 1 Reuters - Islamic banking is gaining ground with non-Muslims worldwide due to its strict lending principles, Singapore's third-largest lender OCBC said on Monday, reflecting industry efforts to transcend religious 0133 : Reuters