Wall St rallies on hopes of revived bail-out
US stocks ended their worst month for six years on a positive note, repairing by more than half the damage from the previous session’s historic slump
September 30, 2008
Pressure mounts in UK to guarantee savings
Gordon Brown was facing growing pressure to extend the guarantees on British savers’ bank deposits after Ireland promised to underwrite its six largest lenders
FTSE rises as Wall Street rallies
London equities rose as investors began to bet that indices might have reached their lows after the failure of the Bush administration’s bail-out. Trade in banks remained uncertain. Lloyds TSB was higher but merger partner HBOS fell again
Bush warns on failure to agree bail-out
George W. Bush warned that damage to the US economy would be ‘painful and lasting’ if Congress did not pass his admininstration’s financial bail-out plan. The president maintained that ‘much if not all’ of the $700bn cost of the plan would be eventually returned to taxplayers
US failure hits European shares
European shares remain volatile after the US $700bn financial rescue package was rejected by lawmakers.
UK confirms economy at standstill
The UK economy sees no growth in the second quarter of 2008, the latest official figures show.
How The Fair Debt Collection Practices Act Helps You
The Fair Debt Collection Practices Act which is more commonly referred to as the FDCPA is a statute in the United States that is designed to protect consumers who have creditors who are attempting to collect a debt from them