Boston Globe - WASHINGTON - Shifting course, Treasury Secretary Henry Paulson planned to tell Congress that the Bush administration would consider allowing the big mortgage companies Fannie Mae and Freddie Mac to temporarily buy, bundle, and sell as securities ..more

CNBC - While Lehman Bros' earnings on Tuesday impressed the market, Morgan Stanley's results yesterday came in short of analyst expectations as it was forced to write down nearly 1 bln usd worth of loans amid the summer's global credit crisis. Oracle shares ..more

New York Post - September 20, 2007 — John Mack used his Discover card to help ease Morgan Stanley's big write-off of nearly $1 billion in shoddy loans from the mortgage meltdown mess. It was the toughest crisis and the first losing year that Mack has faced since ..more

Guardian Unlimited - But the group warned that the reduction in available funding could lead to a reduced supply of loans, although it added that moves by the Bank of England to support liquidity in the interbank lending market may help to restore things more quickly. ..more

International Herald Tribune - financial shares, UBS, the biggest Swiss bank, climbed 2.25 Swiss francs, or 3.6 percent, to 64.40 francs. Deutsche Bank, the largest German lender, gained 3.30, or 3.6 percent, to 93.65, and Lloyds TSB, the No. 1 provider of personal loans in ..more

BBC Brasil - But I now fear that the briefing by the Bank to me last night to the effect that the decision to offer three-month loans against the security of mortgage-collateral would not have been enough to help Northern Rock was disingenuous. The first ..more

Bloomberg - Interest-rate futures show 80 percent odds the Fed will lower its target rate for overnight loans between banks again by year-end, cutting it a quarter-point to 4.50 percent at its next meeting on Oct. 31. Declines in Treasuries may be ..more

Forbes - The ratings also reflect GEMFSLs current healthy capital position, its growing presence in key business segments, and its changing business focus towards personal loans and loans against mortgage of property, Crisil said. However, the companys ..more

Bloomberg - Governor Perng Fai-nan and his fellow policy makers raised the discount rate on 10-day loans to banks by an eighth of a percentage point to 3.25 percent in Taipei today. Fourteen of 20 economists surveyed by Bloomberg News expected the move, with the ..more

Bloomberg - It fell to a two- week low of 116.38 on Sept. 18, when Fed policy makers reduced the target rate for overnight loans between banks by a more-than- expected 50 basis points to 4.75 percent, the first decrease since June 2003. Japan's key rate is 0.5 ..more