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NEW YORK (Reuters) - Finance company GMAC LLC lost $2.52 billion in the third quarter, hurt by slumps in the housing and auto markets, and said its Residential Capital LLC mortgage unit may fail. GMAC has been in the red for five straight quarters ... - www.cnbc.com
In a letter to each institution's Board of Directors, Cuomo warns the bonuses could violate New York's state fraudulent conveyance law. "Obviously," he writes, "we will have grave concerns if your expected bonus pool has increased in any way as a ... - www.bangkokpost.com
Foreign banks raise credit - card controls Bangkok Post, Thailand - 1 hour ago ''But we do have to scrutinise new card applications more due to the local and global economic slowdown,'' he said. - www.commondreams.org
BERLIN - A world weary of eight years of George W. Bush was riveted Tuesday by the drama unfolding in the United States. Many were inspired by Barack Obama's focus on hope, or simply relieved that - whoever wins - the current administration is coming ...