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Banking and insurance highlights to 09:15 BST


Published :
Sat, 25 Aug 2007 09:30
By : Agencies
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2007-08-25 05:16:41

Group: Bad credit threatening US economy

NEW YORK (AP) - Bad credit has supplanted terrorism as the gravest immediate

risk threatening the economy, a key national research group reported Monday.

2007-08-25 00:20:31

Business Highlights

WASHINGTON (AP) - New-home sales turned up and factory orders soared in

July, suggesting the economy was on stable footing before a credit crunch took a

turn for the worse.

2007-08-24 23:48:54

Insurance group spent $2.1M lobbying

WASHINGTON (AP) - The American Insurance Association, which represents 350

major property and casualty insurance companies, spent nearly $2.1 million to

lobby the federal government in the first half of 2007.

2007-08-24 23:36:38

Dingell mortgage proposal sparks worry

WASHINGTON (AP) - Amid a severe housing market slump, Rep. John Dingell is

raising eyebrows with a proposal to eliminate interest-tax deductions for owners

of big houses.

2007-08-24 23:30:31

MedAssets plans to go public

NEW YORK (AP) - MedAssets Inc., a provider of technology solutions for the

health care industry, on Friday filed for an initial public offering of its

common stock.

2007-08-24 23:01:06

Freddie Mac spent $4.3M lobbying

WASHINGTON (AP) - Mortgage financier Freddie Mac spent almost $4.3 million

in the first half of 2007 to lobby the federal government, according to a recent

disclosure form.




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