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CHEYENNE — U.S. Sen. Mike Enzi on Tuesday blasted a proposed bailout of the nation's largest automakers, saying the plan is poorly prepared and puts taxpayers on the hook for bad business decisions by Detroit. “If this bailout package continues ...

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Enzi blasts automakers bailout proposal - Caspar Star-Tribune

Free Press automotive reporter Sarah A. Webster hosts a blog on today's critical Senate hearings on aid for the Detroit Three, which got under way at 3 p.m. The leaders of General Motors Corp., Ford Motor Co. and Chrysler LLC are on hand to face ...

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Live blog: Gettelfinger ranks Detroit 3 in order of financial health - Detroit Free Press

Prospective homebuyers will find it hard to get no-deposit loans in the wake of the global credit crisis. The Commonwealth Bank of Australia has banned no-deposit loans and the ANZ has tightened eligibility requirements. JP Morgan banking analyst ...

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CBA bans low-doc loans - The Age

Federal Reserve Chairman Ben S. Bernanke told Congress today that the central bank won’t publicly disclose the details of the $2 trillion in emergency loans it has made to financial institutions. Bloomberg News on Nov. 7 sued the Fed for the ...

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Bernanke: Fed won't give details on emergency bank loans - Los Angeles Times Blogs

Banks clamping down on no-deposit loans 'Era of easy credit over,' analyst says Money guides : Saving for a set goal PROSPECTIVE homebuyers will find it hard to get no-deposit loans in the wake of the global credit crisis. The Commonwealth Bank of ...

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End of easy credit over as banks tighten lending standards - News.com.au

WASHINGTON — Prospects dimmed Monday for the $25 billion bailout that U.S. automakers say they desperately need to get through a bleak and dangerous December. Though all sides agree that the Detroit Three carmakers are in peril, battered by the ...

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'Bailout fatigue' could doom for auto rescue package - Austin American-Statesman

BATON ROUGE -- More than one-third of the $13.4 billion in federal block grant aid given to Louisiana after hurricanes Katrina and Rita remains unspent, according to information provided Tuesday to the state's hurricane recovery panel. Though the ...

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$5 billion in federal hurricane recovery aid still unspent in ... - New Orleans Times-Picayune

CORONA - Local fire victims can qualify for federal aid now that President Bush has declared that a major disaster exists in Southern California’s fire-ravaged areas. Federal funding is available to residents in the burned-out areas, including ...

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Federal aid available to fire victims - Inland Newstoday

John Medved, center, of Medved Colorado talks about the need for federal assistance for the nation's Big Three auto manufacturers. A financial boost makes sense, he said, because automakers are poised to make a comeback based on several years of ...

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State car industry sees bridge loans as the road out - Denver Post

WASHINGTON - For the White House, the auto industry bailout is a question of money and viability. Press Secretary Dana Perino said the Bush administration "is just going to draw the line" at the $25 billion already authorized for U.S. Automakers ...

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