September 2008
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The U.S. Small Business Administration encourages home and business owners and renters to apply for low-interest loans to help recover from losses.
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With the sale of Wachovia, homeowners are wondering what happens to their loans.
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Sept. 29 (Bloomberg) -- As much as $37 billion from federal bailout loans to American International Group Inc. has gone to investment banks including Goldman Sachs Group Inc., the firm Treasury Secretary Henry Paulson used to run.
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WICHITA, Kan. – The economic turmoil on Wall Street has not reached the dusty country roads in the nation’s heartland, where a rural economic boom has meant farmers are not having much trouble getting loans to plant crops, buy land and replace equipment.
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Low-interest disaster loans are now available to Texas residents and businesses as a result of President Bush's Federal disaster declaration.
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Webster Bank announced plans Tuesday to open flagship branches in Boston and Providence, R.I., even as its parent company said it expects to take a bigger hit from bad loans in the third quarter.
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Sept. 29 (Bloomberg) -- As much as $37 billion from federal bailout loans to American International Group Inc. has gone to investment banks including Goldman Sachs Group Inc., the firm Treasury Secretary Henry Paulson used to run.
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Supporters of the Bush administration’s plan to buy troubled loans from financial institutions say it would help Main Street as well as Wall Street to restore the flow of credit to consumers and small businesses.
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Supporters of the Bush administration’s plan to buy troubled loans from financial institutions say it would help Main Street as well as Wall Street by restoring the flow of credit to consumers and small businesses.
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Some banks decide not to roll over short-term loans; others will do it only at higher interest.
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