turmoil
Wachovia board forces out CEO Ken Thompson
Posted June 2nd, 2008 by California Home LoanCHARLOTTE, N.C. -- Wachovia Corp. chief executive Ken Thompson was pushed out Monday as head of the nation's fourth-largest bank, becoming the latest financial services executive to be ousted amid turmoil in the U.S. housing market.
Palestinians hope to draw investment at conference
Posted May 19th, 2008 by California Home LoanRAMALLAH, West Bank -- The West Bank is open for business after years of bloody turmoil.
Bernanke: Financial turmoil in markets easing
Posted May 13th, 2008 by California Home LoanWASHINGTON -- Turmoil in financial markets has eased somewhat, but the situation is still "far from normal," Federal Reserve Chairman Ben Bernanke said Tuesday.
Stocks decline as AIG reveals need for cash, oil surges
Posted May 10th, 2008 by California Home LoanNEW YORK -- Wall Street ended the week with a big decline as investors grappled with two of the biggest threats to the economy: fallout from turmoil in the credit market and surging energy prices. All three major indexes suffered losses for the week.
Stocks decline as AIG reveals need for cash, oil surges
Posted May 9th, 2008 by California Home LoanNEW YORK -- Wall Street ended the week with a big decline as investors grappled with two of the biggest threats to the economy: fallout from turmoil in the credit market and surging energy prices. All three major indexes suffered losses for the week.
Executives see credit and housing as big threats
Posted April 18th, 2008 by California Home LoanHouse backs student loan intervention bill
Posted April 17th, 2008 by California Home LoanCongress Acts to Boost Student Lending
Posted April 17th, 2008 by California Home LoanWASHINGTON -- The House on Thursday backed a measure aimed at ensuring students get college loans amid the turmoil in the credit markets.
Congress panel backs bill on student loan upheaval
Posted April 9th, 2008 by California Home LoanWASHINGTON (Reuters) - The $85 billion student loan business is in turmoil and with millions of U.S. students locking in funding for the coming school year, Congress is scrambling to make sure enough money is available.
Worst Quarter For Stocks Since '02
Posted April 1st, 2008 by California Home LoanNEW YORK, March 31 -- U.S. stocks ended the first quarter with the steepest loss in nearly six years as turmoil in the financial markets showed increasing signs of spilling over into the wider economy and debate turned from whether a recession was coming to how deep it would be.