Archive for September 18th, 2007
Fed’s rate cut won’t help consumers who need it the most (MarketWatch)
Tuesday, September 18th, 2007CHICAGO — For debt-weary consumers, the Federal Reserve’s decision to shave interest rates on Tuesday is welcome news for their stock holdings but won’t do much for their mortgage payments or savings accounts.
Analyst says E-Trade now more attractive as a buyout candidate (at MarketWatch)
Tuesday, September 18th, 2007SAN FRANCISCO — The move by E-Trade Financial Corp. to unload its troubled wholesale mortgage business makes the online broker much more attractive as a prospective buyout candidate, according to several analysts.