News

Global 'credit crunch' blamed for neighbour's refusal to lend …

Council worker, Derek Sharp, 48, said he ‘wasn’t prepared to compromise his assets’


The Subprime Lending Business Survives, Even Thrives

In the wake of the credit crisis banks have greatly scaled back lending to subprime borrowers. But other lenders have quickly stepped in, making high interest rate loans to borrowers with low credit scores


Reminder Remembers, 3/4/10

Compiled by Daniel Dullum ONE YEAR AGO March 5, 2009 The national credit crunch delayed a new hospital’s ability to obtain financing, but the company CEO says they’ve finally raised the money. The new Florence Community Health Care Center will be located in the former Central Arizona Medical Center at 450 W. Adamsville Road, and aims for a Labor Day opening.


Eastday-Executives facing new strict rules on bonuses

China yesterday unveiled stricter rules for bank executives aiming to avoid the bonus-driven, risk-taking culture that dominates Wall Street and triggered the credit crunch.


Credit Repair And The Recession | Business – Commercial – Trade

If your credit score was a little low you would simply pay a modestly higher interest rate. Not the end of the world. But along with the recession came the most dramatic credit crunch ever


Search FT.com

A gradual recovery in foreign direct investment in central and eastern Europe is likely by 2013, according to a new study . A five-year boom, in which FDI rose five-fold to $155bn in 2008, was halted by recession and the credit crunch, said PwC, the professional services group.


Evergreen Homes For Sale « When Tomorrow Meets Today

The negative consequences of the credit crunch are more numerous. Those who do not have money to purchase a real estate need to get a loan; however, they need to have an impeccable credit record to get it from the mortgage companies now …


Stephen Foerster: Lessons from the Credit Crunch | AdvisorAnalyst …

Stephen Foerster, Professor at the Ivey School of Business at the University of Western Ontario, discusses lessons from the credit crunch with Dan Richards of.


Book Grocer: 10 – 16 March

The week ahead in literary London Wednesday: Novelist and journalist John Lanchester will be giving his take on the credit crunch – his book’s called “Whoops! – Why Everyone Owes Everyone and No One Can Pay”, which gives you an idea of his angle – at Daunt in Marylebone from 7pm.


Real Estate’s Link to the Small Business Credit Crunch

It’s no secret that small businesses in the U.S. face difficulties accessing credit. According to a survey of a random sample of 751 small businesses conducted by Gallup at the end of 2009 for the National Federation of Independent Business Research Foundation, 44% of small businesses seeking credit in 2009 received only some or none of the money they sought.