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Recovery up to private sector - 6 hours ago - The federal government is far from exhausting all its weapons to assist the economy. Some form of tax break as well as a massive public works program reminiscent of the 1930s are expected from Barack Obama once he takes office. This 0133 : Greenwood Commonwealth

Citigroup accepts plan on mortgages - 1 day ago - WASHINGTON 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 plan 0133 : Louisville Courier-Journal

Worried Americans cut spending as jobs disappear - 5 hours ago - CINCINNATI Reuters - Americans, already anxious about losing their jobs, faced Friday's news of deepening unemployment with grim resignation and vowed to cut their spending further, update their resumes and brace for survival in what many 0133 : Reuters

US 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 : Times of India

Home corporate loans to get cheaper - 1/3/2009 - MUMBAI Home loan and corporate borrowers have something to cheer about early in the year. Interest rates on home and other loans, particularly for corporates, are set to fall soon. The Reserve Bank of India RBI has cut its key policy 0133 : Economic Times

ICICI Bank Consolidation time - 1/1/2009 - ICICI Bank has said it is slowing down the pace of lending in 2008-09 the bank s loan book may grow by just about 10 per cent this year compared with a growth of 30 per cent in 2007-08. The growth in advances at the end of September 2008 0133 : Business Standard

See today's average credit card rates across the country. - 1 day ago - WASHINGTON - A top bank industry group Friday said it opposes an agreement between Citigroup Inc. and Democratic senators that would rewrite bankruptcy law to help troubled mortgage borrowers avoid foreclosure. The American Bankers 0133 : MSNBC

RBS set to join UBS, Li in selling Bank of China stock - 6 hours ago - RBS, the biggest bank to be controlled by the UK government after a 20 billion pound 30 billion bailout, said it is examining its 2.8 billion Bank of China stake as part of a companywide review initiated last quarter. Bank of China, 0133 : Business Standard