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Analysts Worry Mortgage Defaults May Affect Auto Loan Delinquency
Rising delinquency rates on car and truck loans have some industry analysts concerned that subprime mortgage troubles could spill into the automotive finance business. ...more
November 20, 2007
Citigroup CEO, President Resigns As Losses Pile Up
Citigroup Inc. Chairman and Chief Executive Charles Prince, beset by the company's billions of dollars in losses from investing in bad debt, resigned Sunday and is being replaced as chairman by former Treasury Secretary Robert Rubin. ...more
November 5, 2007
Banks Join To Create Fund For Credit Markets
The nation's three largest banks said Monday that they are teaming up to create a rescue fund of sorts - potentially as large as $100 billion - to help bail out troubled global credit markets. ...more
October 16, 2007
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