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  1. Nov. 11 (Bloomberg) -- Genworth Financial Inc. , the insurer spun off by General Electric Co., fell 15 percent in early trading after getting cut out of a federal program that buys short-term debt from financial firms.
    www.bloomberg.com
  2. Nov. 13 (Bloomberg) -- Downey Financial Corp. was told by U.S. regulators to raise capital by year-end or face seizure. GMAC Bank can't install an ATM on property controlled by its biggest owner without getting federal permission. Community National Bank was forced to fire its two top executives.
    www.bloomberg.com
  3. Property shares fall on debt concerns guardian.co.uk, UK - 5 hours ago ... much attention to price) and the cutting or complete elimination of the dividend. The bottom line is that when a breach of debt covenants takes place, ...
    www.guardian.co.uk
  4. WASHINGTON – A “perfect storm” of tightened credit by commercial lenders, declining creditworthiness, and reduced demand for loans from small business borrowers uncertain about the future has led to a substantial decline in the number of small business loans guaranteed by the U.S. Small Business Administration during FY 2008, SBA Acting Administrator Sandy K. Baruah said.
    www.contactomagazine.com


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