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Citi reaches deal with lawmakers on home loans - 8 hours ago - WASHINGTON AP Democratic lawmakers have reached a deal with Citigroup Inc. on a plan to let bankruptcy judges alter home loans in an effort to prevent foreclosures and urged other lenders to follow suit. The lawmakers aim to attach the 0133 : Syracuse Post-Standard

Andersen Windows announces layoffs at Bayport and Cottage 0133 - 7 hours ago - These decisions are not easy, and we don't make them lightly. We recognize the impact on employees and their families and we intend to provide assistance to the affected individuals, said Maureen McDonough, Andersen's director of 0133 : RiverTowns.net

Wall Street - 4 hours ago - NEW YORK AP A deal to help head off mortgage foreclosures pulled Wall Street out of a slump Thursday, giving stocks a mostly higher close. Democratic lawmakers reached an agreement with Citigroup Inc. on a plan to let bankruptcy judges 0133 : Dubuque Telegraph Herald

Obama, Democrats look to revamp financial bailout - 2 hours ago - WASHINGTON Eager to shift the course of the government's financial sector bailout fund, President-elect Barack Obama and congressional Democrats want to apply greater scrutiny and a more defined mission to the beleaguered 700 billion 0133 : International Herald Tribune

UAW, Detroit's Big 3 Negotiating Contract - 1/7/2009 - DETROIT United Auto Worker union teams were in metro Detroit Wednesday preparing for negotiations with Detroit's Big Three automakers Ford Motor Co., Chrysler LLC and General Motors Corp. The two are reopening their national contract 0133 : ClickOnDetroit.com

Georgia banks problems alarming, data show - 3 hours ago - More Georgia banks faced deeper problems from souring loans and other challenges in the third quarter, based on a commonly used measure of their financial health. The number of banks with high Texas ratios a figure that attempts to 0133 : Atlanta Journal Constitution

UPDATE 3-US bank industry slams lawmaker-Citi mortgage deal - 3 hours ago - WASHINGTON NEW YORK, Jan 9 Reuters - A top bank industry group said on Friday that it opposes an agreement between Citigroup Inc C.N and Democratic senators that would rewrite U.S. bankruptcy law to help troubled mortgage borrowers 0133 : Reuters

Thornburg s Badal saw financial crisis coming, but few 0133 - 3 hours ago - Congress should create a 3.5 to 4 percent government-guaranteed home loan program to clear the nation s housing surplus as quickly as possible, says the former CEO of Thornburg Mortgage Home Loans . Lawmakers also should create a new 0133 : New Mexico Business Weekly