Mortgage and Financial News From 2008-9-30 Page 11

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• How to Save Money and Get Healthier: Hewitt Offers Tips for Employees During Annual Benefits Enrollment (Centre Daily Times)

  The economic downturn and rising gas prices continue to tighten the purse strings of many Americans, who are now looking for ways to do more with less. As this year's benefits enrollment season approaches, employees will feel the pinch even more, facing health care cost increases that continue to significantly outpace inflation and pay raises. But according to Hewitt Associates, a global human ...
  2008-09-29 06:32:19

• Will Public’s Sistaste for a ‘Bailout’ Fade? (Flathead Beacon)

  No wonder Americans aren't happy about the ideas being considered to resolve the deepening financial crisis. The task is to choose among bad options – and to do so in a hurry. But amid all the debate about whether "Main Street" should bail out "Wall Street," the reality has also been sinking in for many that those two streets aren't that far apart.
  2008-09-30 02:37:13

• Consumers In Gloomy Mood On Cusp Of Holiday Season (FOX 29 Lake Charles)

  NEW YORK -- With the holiday shopping season about to start, consumer confidence is hovering near the lowest it's been since President Bush's father was commander in chief. It may dip more as Americans open their 401(k) statements and see how much they've lost in the last few weeks.
  2008-09-30 02:46:15

• Improving your debt-to-dough ratio (Minneapolis-St. Paul Star Tribune)

  Young professionals can take some cues from the "Smart Cookies" on how to make -- and save -- more money.
  2008-09-29 06:55:47

• Small business owners react to credit crunch (WSAV Savannah)

  "This is made from re-claimed hard pine," Ramsey Khalidi tells me. He's showing me around his factory near downtown Savannah. He runs R&K Construction. Part of his business is using re-claimed wood for restoration projects.
  2008-09-30 02:43:09

• Mired in politics, Bernanke tries to steer Fed (Contra Costa Times)

  n Fed chairman forced to wade into partisan divide in Congress
  2008-09-30 02:38:08

• More than 10,000 at Obama speech in Reno (Daily Sparks Tribune)

  RENO — Democratic presidential candidate Barack Obama told more than 10,000 people who jammed the University of Nevada, Reno campus on Tuesday that he needs Nevada's help to win the White House.
  2008-09-30 02:46:45

• Wachovia's Steel Ran Out of Time Amid Mortgage Losses (Update3) (Bloomberg)

  Sept. 30 (Bloomberg) -- Wachovia Corp. Chief Executive Officer Robert Steel was forced to sell the bank's consumer business to Citigroup Inc. for $1 a share just 80 days after pledging to win back shareholders' confidence.
  2008-09-30 02:41:11

• (AFX UK Focus) 2008-09-29 17:16 FOREX-Dollar rallies as bank crisis spreads to Europe (Interactive Investor)

  NEW YORK, Sept 29 (Reuters) - The euro and British pound tumbled against the dollar on Monday as bank nationalizations in Europe forced investors to calculate their risk exposure from financial instability that has now moved far beyond the United States.
  2008-09-29 09:50:21

• As Congress debates, what else can government do? (AP via Yahoo! Finance)

  After the House voted down the Bush administration's $700 billion financial rescue plan Monday, Treasury Secretary Henry Paulson said he will "use all the tools available" to address the crisis.
  2008-09-30 02:41:25

• 5 Lessons About What Happened To The Economy You Didn't Learn From CNBC [Freakoutnomics] (Gawker)

  Everyone wants to figure out what happened to the market last fortnight! But new things are too busy happening to figure it out. Case in point: the House — including 94 Democrats?! — just voted down...
  2008-09-29 11:29:13

• House leaders scramble to revise financial bailout bill (Spartanburg Herald-Journal)

  Published: Tuesday, September 30, 2008 at 10:43 a.m. Last Modified: Tuesday, September 30, 2008 at 2:55 p.m.
  2008-09-30 02:41:58

• World leaders look to US as economies near abyss (Gulf Times)

  WASHINGTON: World leaders called on the US government to take action to stave off global financial collapse yesterday after Congress rejected a $700bn bailout in a move which stunned global markets.
  2008-09-30 02:42:39

• If the cash in your bank is FDIC insured, you can relax (USA Today)

  Old photographs of Depression-era bank runs are popping up all over the place, and that raises a couple of questions. Why don't people wear hats anymore? And, more important, could this happen to your bank?
  2008-09-30 11:28:41

• NZ Shares up 2pc after Wall St rally (The New Zealand Herald)

  The New Zealand sharemarket has bounced in early trading today after Wall Street had snapped back following its biggest sell-off in years.
  2008-09-30 02:43:03

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