Latest Government Business Loan news:

The area student loan market is steady now, but student debt is likely to increase as tuition, other costs rise
The tremors that shook the student loan industry and had private lenders threatening to abandon the business have quieted, but students are now likely to have to borrow more for higher education, experts said.
Read more News Source - Chattanooga Times Free Press
Publish date - 04:19:11 07/20/08

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Najib urges banks not to withdraw loan, overdraft facilities
KUALA LUMPUR: The Government hopes that banks will not overreact and withdraw loan and overdraft facilities from businesses during these tough times. “The global economy is volatile at the moment and people are concerned about an impending recession and inflation.
Read more News Source - The Star
Publish date - 23:34:31 07/19/08

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Don't withdraw loan, overdraft facilities, banks urged
KUALA LUMPUR: The Government hopes that banks do not overreact and withdraw loan and overdraft facilities from businesses during these hard times.
Read more News Source - The Star
Publish date - 12:33:09 07/19/08

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Eskom To Receive ZAR10 Bln Of Government Loan This Fiscal Yr
JOHANNESBURG (Dow Jones)--South Africa's government Friday said it will lend Eskom Holdings Ltd. 10 billion rand ($1.3 billion) in the current financial year, part of ZAR60 billion in support of the state power company's plans to greatly expand its generating capacity.
Read more News Source - INO News
Publish date - 11:48:50 07/18/08

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Business Week In Review
Tyson Buys Stake In Chinese Firm Tyson Foods will buy a 60 percent stake in Chinese poultry processor Xinchang Group. Tyson recently signed a framework agreement with Xinchang, China's fifth-largest poultry producer, pending due diligence and government approval. Terms of the deal were not disclosed.
Read more News Source - The Morning News
Publish date - 07:32:42 07/20/08

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Struggling back to the good life
Md. has a relatively low jobless rate, but that doesn't mean much to those who've lost ground E rin Triplett's life shifted in a flash. Within months, the mortgage loan officer earning six figures in commissions was out of work, scrambling to launch a small business from an Anne Arundel County townhouse shared with roommates.
Read more News Source - Baltimore Sun
Publish date - 07:51:48 07/20/08

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The Government Did It
Don't call the mortgage crisis the result of insufficient regulation. Our government was behind the wheel all along.
Read more News Source - Forbes
Publish date - 18:13:06 07/18/08

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Business bankruptcies continue to pile up
Driven by a sour economy and skittish consumers, U.S. business bankruptcies saw their sharpest quarterly rise in two years, jumping 17 percent in the second quarter of 2008, according to an analysis by McClatchy Newspapers.
Read more News Source - Honolulu Advertiser
Publish date - 11:07:55 07/19/08

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Government Bailout of Mortgage Firms Could Set Risky Precedent
As the nation's housing woes continue, the government announced a plan this week to shore up mortgage-giants Fannie Mae and Freddie Mac. Paul Solman weighs the role of government intervention and the possible ramifications of rewarding risky financial behaviors.
Read more News Source - The Online NewsHour
Publish date - 01:12:07 07/19/08

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Home Loan Investment shifts focus, trims staff
WARWICK – Rhode Island-based Home Loan Investment Bank recently laid off about 30 employees as the company shifts its focus from mortgages to commercial loans in the wake of major disruptions in the home loan industry.
Read more News Source - Providence Business News
Publish date - 17:32:51 07/18/08

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McCain cleared of savings and loan scandal
QUESTION: I heard Sen. John McCain was a member of the infamous Keating Five. What happened to the other four?
Read more News Source - The Longview News-Journal
Publish date - 04:07:37 07/20/08

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Business Agenda
MONDAY Accomplished Professionals Collaborate at Executive Networking Meeting: Grab some business cards, go to the Execunet meeting and learn all there is to know when changing a job means changing industries; 6 to 8 p.m., Days Inn Hollywood South, 2601 N. 29th Ave., Hollywood; $25. 305-856-9993 or pmi@manageyoursuccess.com.
Read more News Source - Miami Herald
Publish date - 22:03:07 07/18/08

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Business briefs
Brief news on local and national business stories
Read more News Source - The Clarion-Ledger
Publish date - 06:12:25 07/19/08

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Mortgage market weathers storms
The tribulations of Fannie Mae, Freddie Mac and IndyMac Bank have dominated headlines for more than a week, but the mortgage industry is more or less thumping along at the rate it was before the market went into convulsions. Home loan applications are up,...
Read more News Source - San Francisco Chronicle
Publish date - 07:20:31 07/20/08

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JPMorgan Chase profit falls 53 pct on loan losses
JPMorgan Chase's profit took a 53 percent hit in the second quarter as mortgage and other loan defaults worsened, but the bank's results were better than expected and gave Wall Street a lift.
Read more News Source - AP via Yahoo! News
Publish date - 13:30:11 07/17/08
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