 AFP | Cathay Financial Plans China Investment,Bank Branches Wall Street Journal By Jessie Ho Of DOW JONES NEWSWIRES TAIPEI (Dow Jones)--Taiwan's Cathay Financial Holding Co. (2882.TW) plans to set up bank branches in China and invest NT$100 billion (US$3.01 billion) in the country's stock and property markets, company President ... Cathay Fin marks $3 bln for China stocks, property Taiwan stocks end at 8-mth high on China hopes Taiwan stocks close higher on heavy turnover |
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Local governments that suffered Lehman losses ask Congress for help - MiamiHerald.com
.jpg) KCBS | Local governments that suffered Lehman losses ask Congress for help MiamiHerald.com, FL - Lesley Clark Karen Rushing told the House Financial Services Committee that Florida held over $300 million in Lehman investments when the company fell into bankruptcy last fall; Sarasota was holding about $40 million. An economic analysis, she said, estimates that ... San Mateo County seeking federal bailout money HEARING OF THE HOUSE COMMITTEE ON FINANCIAL SERVICES County to Congress: Help |
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GMAC reports first-quarter loss of $675 million - Los Angeles Times
 RTT News | GMAC reports first-quarter loss of $675 million Los Angeles Times, CA Loan defaults help widen the loss from a year earlier, and Chief Financial Officer Robert Hull expects more losses. But a GM bankruptcy wouldn't trigger a GMAC filing, the home and auto lender says. GMAC, the auto and home lender that received a ... Even If GM Lands in Chapter 11, Lender GMAC Might Not Follow GMAC posts wider loss but points to signs of recovery GMAC 1Q Loss Widens On Credit Woes, Weak Economy |
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Bank of America's $34 Billion Headache - Reuters
 Reuters | Bank of America's $34 Billion Headache Reuters By matthew.yeomans - The Big Money Bank of America (BAC) CEO Kenneth Lewis is facing a $34 billion headache this morning after financial regulators informed the bank that was the figure it needs to find now to pass the so-called stress test for viable ... Stocks Dip as Investors Await Bank Stress Tests Report: Bank of America facing $35 billion capital shortfall Financial Winners and Losers: AIG |
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Armstrong's Astana team in financial crisis - CBSSports.com
 MiamiHerald.com | Armstrong's Astana team in financial crisis CBSSports.com VERONA, Italy -- Lance Armstrong's Astana team is in the midst of a financial crisis on the eve of the American's first Giro d'Italia. Astana spokesman Philippe Maertens confirmed reports out of Kazakhstan that the team has not been paying its riders ... First Edition Cycling News |
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