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| Business Headlines |
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| KDB says buying Lehman a possibility
(Reuters)
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| Reuters - State-run Korea Development Bank
said on Friday Lehman Brothers was one of its options
for acquisitions, reviving expectations that the U.S.
investment bank might still bring in a large investor.
-- read full article |
| Fri, 22 Aug 2008 08:47:23 GMT - Yahoo! News: Business |
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| Buffett, others say high U.S. debt levels pose risks
(Reuters)
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| Reuters - Warren Buffett, the billionaire
co-founder of a top private equity firm and a prominent voice
for U.S. fiscal responsibility, called on the United States and
its elected officials to combat the nation's fast-growing,
multi-trillion dollar debt load.
-- read full article |
| Fri, 22 Aug 2008 04:53:07 GMT - Yahoo! News: Business |
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| Fannie, Freddie debt rallies on likely bailout
(Reuters)
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| Reuters - Heightened expectations for a
government bailout of U.S. home-funding giants Fannie Mae
and Freddie Mac drove their debt prices higher
on Thursday as investors bet the securities will be guaranteed
by the U.S. government even if shareholders are wiped out.
-- read full article |
| Thu, 21 Aug 2008 18:05:11 GMT - Yahoo! News: Business |
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| Trends & Innovations - Wednesday
(Investor's Business Daily)
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| Investor's Business Daily - The proportion of working-age Americans facing medical debt rose to 72 mil or 41% last year, up from 58 mil or 34% in '05, according to a new survey by the nonprofit Commonwealth Fund. About half of those facing health debt have up to $2,000 in bills, while 12% have more than $4,000 in debt and another 12% have more than $8,000. The survey also found most of those with medical debt said they had exhausted their savings, with some also tapping into credit cards, home equity or cutting back on food or heat to cover health care costs. -- read full article |
| Wed, 20 Aug 2008 22:56:43 GMT - Yahoo! News: Business |
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