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List of selected news:
  1. Abbey raises mortgage rates (Financial Times)
    www.ft.com
    One of the largest mortgage lenders in the UK has pre-empted a cut to UK interest rates by raising variable mortgage rates. From Wednesday Abbey will increase its two and three year tracker rates, which mirror the movements of the Bank of England base rate, by up to 0.5 per cent.
  2. A vote for Barack Obama (Berkshire Eagle)
    www.berkshireeagle.com
    A lot of people have been pushing at us for a long, long time now and finally on Tuesday we have the opportunity to shove back. One of the greatest things about American democracy is the secret ballot. Once you go into the curtained alcove nobody knows how you vote.
  3. (AFX UK Focus) 2008-11-06 16:30 Ambac downgrade requires $3.2 bln more collateral (Interactive Investor)
    www.iii.co.uk
    NEW YORK, Nov 6 (Reuters) - Ambac Financial Group will need to post an additional $3.2 billion in collateral, after Moody's Investors Service on Wednesday cut its ratings on the bond insurer, according to research firm CreditSights. The collateral needs could also leave the company with a $2.8 billion cash shortfall at its financial services unit, CreditSights analysts said in a report late on ...
  4. TARP Czar: AIG bailout isn’t start of larger program - InvestmentNews
    www.investmentnews.com
    TARP Czar: AIG bailout isn’t start of larger program InvestmentNews, NY - 17 hours ago The government’s decision to aid AIG as well as hundreds of banks and thrifts — but not make loans to the automobile industry and other troubled sectors ...



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