INSIDE INDIANA BUSINESS: Financial experts to address credit crisis impact (The Times of Northwest Indiana)
A panel of financial experts will address the credit crisis next week at he University of Notre Dame's Mendoza College of Business. "The Credit Crisis: What It Means for You and the World” will explore the potential impact of the historic market downturns and tightening of credit. Panelists include Old National Bancorp Chief Executive Officer for Northern Indiana John Rosenthal and several Notre ...
Bank of America earnings down as credit card business softens (The Delaware Business Ledger)
Credit card and other banking losses drove down Bank of America earnings as the company announced plans to shore up its balance sheet with a new stock offering and a dividend cut.The company , which has its credit card headquarters in Wilmington, reported third quarter 2008 net income of $1.18 billion, or $0.15 per share, down from $3.70 billion, or $0.82 per share, a year earlier.
Fears Grow That Tight Credit Could Crush GM, Ford (NPR)
Standard & Poor's downgraded the credit of General Motors and Ford Motor Co. and their financing arms this week. Many fear the automakers lack enough cash to sustain their business during this downturn, and that if they falter, it could have widespread repercussions on the U.S. economy.
Credit Crisis Not Stopping Car Business (KOCO 5 Oklahoma City)
Car dealers are debunking rumors that prospective car buyers will need a near-perfect credit score to qualify for an automotive loan.
Couldn't be more timely, Small Business Expo set for Thursday (Great Falls Tribune)
What's a small business owner to do in this uncertain economy against a backdrop of tightening credit options?
