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Bank of America chief executive officer Ken Lewis and top Democrats in Washington are in agreement on one point: Americans need to know what their banks are doing with taxpayer funds.   RSS and News widget on Feedzilla.com


If Money Is Cheap, Why Can’t I Get A Loan?

Even after the banks have been given more than half-a-trillion dollars in bailout funds, the Fed said Wednesday that credit conditions ”remain extremely tight,” reports Anthony Mason.

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Ford says does not need government loans

DETROIT (Reuters) - Ford Motor Co posted a deeper than expected quarterly net loss on Thursday, burning $5.5 billion of cash in its automotive business under a downturn in industry sales amid the global economic crisis.

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