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Sir James Crosby to advise Alistair Darling to reject US idea – Times Online

Sir James Crosby to advise Alistair Darling to reject US idea – Times Online
Alistair Darling should reject setting up an American-style mortgage agency as a way to give a long-term boost to the crippled housing market, according to Sir James Crosby, the former chairman of HBOS. Sir James, who was commissioned by the

AP IMPACT: Buried loot a mystery for authorities – NWI.com
WASHINGTON – The businessman arrived at the Treasury Department carrying a suitcase stuffed with about $5.2 million. The bills were decomposing, nearly unrecognizable, and he asked to swap them for a cashier’s check. He said the money came from

Pessimists are basing their gloom on old news – Times Online
A theme of this column for almost a year has been the contrast between apocalyptic views in the financial markets about the earth-shattering consequences of the credit crunch and the rather more mundane evidence from the real economy of a mild

Funds for Highways Plummet As Drivers Cut Gasoline Use – Wall Street Journal
An unprecedented cutback in driving is slashing the funds available to rebuild the nation’s aging highway system and expand mass-transit options, underscoring the economic impact of high gasoline prices. The resulting financial strain is touching off

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