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• Exploring the worst-case scenario
In a sign of how worried companies have become about getting credit, General Electric Co N> considered seeking a bank charter that would give it access to government lending channels, sources familiar with the company's thinking told Reuters last ...
• Plan pushed for government to buy bank stocks
... certain banks, in effect partially nationalizing the banking system, “is gaining steam.” “I am hopeful that tomorrow, the Treasury will announce that they’re doing it. And they have to do it quickly ... markets are waiting,” Schumer, D-N.Y ...
• Economic turmoil once again takes center stage
Speaking during the first half of the show — which he shared with Gov. Jon Corzine, D-N.J. — McCain supporter and former Bush budget director Rob Portman, R-Ohio, offered that, “If we move and move quickly we can pull out of this, and ...
• Video: Economy in turmoil
But when a company that employed her older son laid him off last summer, the Albany, N.Y., mother picked up his car payment to preserve his credit rating. Looking ahead, if her younger son, who has taken out student loans, can't find a job after ...
• States warned about impending mortgage crisis
Keest, a former assistant attorney general in Iowa who now works for the Center for Responsible Lending, a nonprofit in Durham, N.C. "It pushed aside state laws and state law enforcement that would have sent the message that there were still ...