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  • www.insurancenewsnet.com
    Business Editors/Insurance Writers NEW YORK--(BUSINESS WIRE)--November 6, 2008--New York Life Insurance Company announced today that it will not participate in the U.S. Treasury Department capital purchase program. A spokesman for New York Life said ...
  • www.bbc.co.uk
    Last week it cut interest rates by 0.5%, in a coordinated attempt with other central banks to re-stimulate the global economy. Since then, the LIBOR interest rate charged by banks for lending to each other over three months has barely moved. And that ...
  • pantagraph.com
    Here’s a shocker: Almost half of Nevada homeowners with a mortgage owe more to the bank than their homes are worth. Here’s another: If you add in the homeowners like them in California, Arizona, Florida, Georgia and Michigan, together they account for nearly 60 percent of all homeowners who are “underwater” on their mortgages.
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