Monthly Archives: July 2009

By Elena Logutenkova July 31 (Bloomberg) — Rising delinquencies among consumer and corporate borrowers are the “next wave” of the financial crisis and may affect banks that have avoided losses so far, said Deutsche Bank AG Chief Executive Officer Josef … Continue reading →

US gold jumps when dollar falls after U.S. data NEW YORK, July 31 (Reuters) – New York gold futureslaunched a brief rally on Friday after the dollar gave up newground to the euro when the U.S. second quarter GDP report … Continue reading →

Unemployment Lines Have Been Long Before, but No Prior Slump Since World War II Has Hurt So Much on So Many Fronts By Justin Lahart Peter Ferguson What makes the current recession so bad? Other downturns have been more painful … Continue reading →

Security Bank of Jones County Gray GA     Security Bank of Houston County Perry GA     Security Bank of Bibb County Macon GA          Security Bank of North Metro Woodstock GA     Security Bank of North … Continue reading →

By Claudia Carpenter July 24 (Bloomberg) — Gold, little changed today in New York and London, may rise on speculation a drop in the dollar will spur demand for the metal as an alternative investment. Bullion for immediate delivery has … Continue reading →

By Halia Pavliva and Nicholas Larkin July 23, 2009 (Bloomberg) — Gold prices rose to the highest in five weeks as the dollar retreated, supporting demand for the precious metal as an alternative investment. Silver also gained. Gold has climbed … Continue reading →

FDIC’s Bair Seeks Fund to Wind Down Finance Firms By Alison Vekshin and Jesse Westbrook July 23 (Bloomberg) — Federal Deposit Insurance Corp. Chairman Sheila Bari urged U.S. lawmakers to impose fees on the nation’s largest financial firms to keep … Continue reading →

Jul 22, 2009, 2:12 p.m. EST NEW YORK (MarketWatch) — Gold futures rose Wednesday to end at the highest level in six weeks, with a falling dollar and rising equity markets boosting gold’s investment appeal. August gold futures rose $6.40, … Continue reading →

By Vincent Del Giudice July 17 (Bloomberg) — The U.S. won’t see a return to “full” employment for another six years, helping to hold down inflation, according to former Federal Reserve Governor Laurence Meyer. “I think there’s going to be … Continue reading →

By Kathy Schwiff July 15, 2009: CIT Group Inc. said late Wednesday it has been told there is “no appreciable likelihood” of government funding in the near term. The struggling commercial lender said its discussions with government agencies have ended … Continue reading →