Archive for the ‘Auto Loans’ Category

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Nurse struck off for patient loans

Nurse struck off for patient loans
A nurse who borrowed more than £16,000 from a “vulnerable” 90-year-old patient while working at a Cambridge hospital has been struck off the register after being found guilty of misconduct.

Read more on Wakefield Today

Chrysler CEO seeks government loan refinancing

Chrysler CEO seeks government loan refinancing
SAN FRANCISCO (AP) – Chrysler CEO Sergio Marchionne says he hopes to reach a deal with banks to refinance the company’s high-interest government loans by the end of the first quarter.

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Chrysler posts net loss for 2010, but will give employee bonuses

Chrysler posts net loss for 2010, but will give employee bonuses
Chrysler Group LLC’s decision to give hourly employees $750 bonuses acknowledges their hard work in 2010, and underscores the automaker’s confidence that it will turn a profit this year.

Read more on Detroit News

Delaware resident sues Wilmington Trust

Delaware resident sues Wilmington Trust
Even as they proclaimed the bank was on the right course to recovery, Wilmington Trust executives kept its dire financial predicament largely to themselves, eventually devastating employee retirement accounts that plummeted along with its stock…

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Fed finds slight bank easing for business loans

Fed finds slight bank easing for business loans
The Federal Reserve said Monday that banks loosened their lending standards modestly for certain business loans over the past three months but kept tight standards on consumer loans.

Read more on San Diego Union-Tribune

Juliet’s parents share their job struggles and offer advice

Juliet’s parents share their job struggles and offer advice
My parents both lost their jobs back in the 1980′s when the steel mills in Pittsburgh closed. My mother worked for U.S. Steel and my father worked for a local grocery store chain. The chain went out of business when the mills closed.

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Debt Ceiling Vote Could Spark First U.S. House GOP Battle

Debt Ceiling Vote Could Spark First U.S. House GOP Battle
A looming revolt against raising the national debt limit has opened the first visible rift between the new GOP leadership in the U.S. House and a faction represented by House Tea Party Caucus leader Michele Bachmann.

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Fed Names MF Global, Societe Generale Primary Dealers

Fed Names MF Global, Societe Generale Primary Dealers
MF Global Inc. is a unit of the New York-based futures broker headed by former New Jersey Governor Jon Corzine , while SG Americas Securities LLC is a division of France ’s second- largest bank.

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State lawmakers promote clean energy standards

State lawmakers promote clean energy standards
SACRAMENTO – The California Legislature’s Democratic leaders on Wednesday unveiled a package of proposed laws they said will position the state as the national leader in developing clean energy alternatives and green jobs, promising quick passage to help spur the state’s lagging economy.

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S&P downgrades Ireland’s debt rating

S&P downgrades Ireland’s debt rating
Standard & Poor’s cut its rating on Ireland on Wednesday amid ongoing fears about the country’s banks despite a €67.5 billion bailout of the country in November. The ratings agency warned that another downgrade may be in the offing.

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