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Archive for October, 2008

Fitch Affirms EastGroup Properties, Inc. at ‘BBB’; Outlook Stable (Centre Daily Times)

Wednesday, October 1st, 2008

Fitch Ratings has affirmed the ratings for EastGroup Properties, Inc. (NYSE:EGP) as follows: More…
The cars and trucks may gleam in the sun, but it’s the land underneath the Bill Heard chain of car dealerships that could hold the most value. More…
The prized Neuberger Berman asset management business of bankrupt Lehman Brothers Holdings Inc […]

Bush proposes $500 billion takeover to fix financial crisis Move is welcomed warmly by investors (Republican-American)

Wednesday, October 1st, 2008

WASHINGTON Struggling to stave off financial catastrophe, the Bush administration on Friday laid out a radical bailout plan with a jawdropping price tag a takeover of a half-trillion dollars or more in worthless mortgages and other bad debt held by tottering institutions. Continue…
Fitch Ratings has affirmed […]

Citigroup to Buy Wachovia s Bank Assets for $1 a Share (New York Times)

Wednesday, October 1st, 2008

Updated 9:39 a.m.: Citigroup has agreed to buy Wachovia s banking operations in a government-brokered deal for $1 a share in stock, a move that that would concentrate power within the nation s banking industry in the hands of a few giant lenders, The New York Times s […]


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