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- Category: Industry News (continued)
- A.I.G. Seeks $40 Billion Bridge Loan from Federal Reserve Aid to Survive
- Credit Suisse sees higher chance of AIG bankruptcy
- WaMu on auction block, Goldman hired on for sale as FDIC shops bank around
- Ameribank of West Virgina is the 12th bank failure of 2008
- Goldman Sachs and JPMorgan to Become Commercial Bank Holding Companies
- Hong Kong bank has classic 'Bank Run' as depositors panic
- China banks told to halt lending to U.S. banks - Breaking News
- China banks cut back lending to foreign banks - Update
- JPMorgan acquires Washington Mutual's (WaMu) Bank Deposits
- Paulson Plan Aimed at Helping `Poorly Run' Banks
- WaMu may file for bankruptcy shortly according to Merrill Lynch analyst
- Citigroup to buy Wachovia banking assets
- Libor Rises 431 basis points, Most on Record After Congress Rejects Bank Bailout
- FDIC seeking temporary unlimited Treasury loans for bank deposits
- Metlife and Hartford credit default swaps (CDS) premiums rise
- U.S. banks borrowed a record $367.8 billion per day from the Fed Windows
- Lehman's Cash Crunch Caused by Lender JPMorgan, Creditors State
- U.S. Consumer Credit Dropped by $7.9 billion, the most since 1943 when it was tracked
- U.S. weighs backing bank debts and deposits
- Lehman gets 8.2 cents on the dollar in debt auction, shows CDS losses to counter-parties
- U.S. Treasury to invest in `healthy' banks, Neel Kashkari states
- Private bankers see crisis boosting transparency
- Wachovia Bank reports $23.9 billion loss in Q3
- Bank of America credit card unit loses $373 million
- AIG borrows $90.3 billion from Federal Reserve
- Post-default liquidation now more likely in corporate bankruptcies
- American Express (Amex) gets Fed approval to convert to commercial bank
- U.S. Treasury says additional bank bailout capital needed
- Freddie Mac says it is worth less than zero (worthless)
- GMAC applies for status as commercial bank and begins debt swap
- Office of the Comptroller of the Currency approves Shelf Bank Charters
- Citigroup gets government guarantees on $306 billion of assets
- JPMorgan Chase to cut 3,400 WaMu jobs in Seattle
- Credit Card industry may cut $2 trillion in consumer credit lines
- GMAC hasn’t met conditions to convert to commercial bank status
- Bank of America to cut up to 35,000 jobs as part of Merrill Lynch Merger
- GMAC gets closer to becoming a commercial bank - yawn
- AIG retires $16 billion in credit-default swaps with government funding
- Bank of America completes Merrill Lynch investment bank purchase
- Banks’ ‘Catatonic Fear’ means consumers don’t get TARP (Any) relief
- Citigroup drops 22% to lead bank index to 13-year low
- Bank of America in talks for more taxpayer bailout funds
- Paulson & Bair Raise ‘Aggregator Bank’ for Toxic Debt
- Regions Financial posts $6.24 billion dollar loss
- Wells Fargo to pay $371 million dollar dividend to Treasury
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