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Selected news...
  1. Big banks step up efforts to modify mortgages - Chicago Tribune
    Major banks are stepping up their efforts to curtail losses from souring mortgages, with Citigroup Inc. becoming the latest institution to adopt initiatives aimed at helping at-risk borrowers remain in their homes. With defaults mounting, lenders ...
  2. Life After Leverage - Forbes
    Life After Leverage Forbes, NY - 19 hours ago Some $1.5 trillion of leveraged loans underwritten in the last two years will need to be refinanced starting in 2011 running through 2014, a tsunami of debt ...
  3. AbitibiBowater Plunges Amid Concern About Debt (Update2) (Bloomberg)
    Nov. 6 (Bloomberg) -- AbitibiBowater Inc. , the world's largest newsprint producer, fell the most in three weeks in New York trading amid concern it may fail to refinance more than $600 million of debt that matures next year.


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