Paul Merski News
-
Investors including hedge funds are buying the preferred stock of government-controlled mortgage firms Fannie Mae and Freddie Mac in a long-shot bet they will have a future as private companies.
-
Community bankers who expect the U.S. Senate to pass a bill tomorrow that would extend a program intended to help them retain deposits also believe they will have a tougher time getting the measure though the House.
-
Broker Connie de la Garza has been trying to sell an empty medical-office building in Harlingen, Texas, for six months. He’s finally getting offers after slashing the asking price by 26 percent to $1.4 million.
-
The U.S. Senate approved legislation to cut taxes and ease credit for small businesses in a long-delayed victory for Democrats eager to show voters they are working to create jobs.
-
President Barack Obama is on the verge of creating as much as $300 billion in credit for small businesses as bankers raise doubt about whether there’s demand for new loans and how much will be repaid .
-
The Federal Reserve is blocking disbursement of money from a $30 billion government fund to spur lending to small businesses, endangering the program’s success, a trade group for community banks said.
-
Delaware Governor Jack Markell is turning to tax incentives in an effort to create jobs in a state where M&T Bank Corp. and HSBC Holdings PLC together laid off more than 1,000 employees in the past year.
-
Representative Charles Boustany of Louisiana, the Republican chairman of the House Ways and Means oversight subcommittee, called on Treasury Secretary Timothy Geithner to “suspend” an Internal Revenue Service proposal that would require banks to identify overseas depositors.
|
|
Most Popular on Bloomberg
|
| |