Newsroom Headlines

  May 11, 2009 President Obama Continues Push for Credit Card Reforms as Senate Begins Debate President Obama used his weekly radio and Internet address to reiterate his call for credit card reform

  May 8, 2009 Municipalities Falling Revenue May Push More Municipalities into Bankruptcy Experts say that an expanding load of pension liabilities and a severe drop in revenue has the potential to

  May 7, 2009 Public Company Filings Increase 26 Percent during First Four Months of 2009 The total number of public company filings for the first four months of 2009 increased 26 percent over the

  May 6, 2009 Senators Look to Sort Out Regulations on Credit Cards A battle is being waged in the Senate over just how much latitude the creditcard industry should have to raise interest rates and

  May 5, 2009 Consumer Bankruptcy Filings Top 125,000 in April U.S. consumer bankruptcy filings increased 36 percent nationwide in April from the same period a year ago, according to ABI, relying on

  May 4, 2009 Banks Get Tougher on Credit Line Provisions Banks are shortening the terms on lines of credit that have long been used by companies to avoid cash crunches -- a sign that while lending is

  May 1, 2009 House Passes “Credit Cardholders’ Bill of Rights” The House overwhelmingly (357-70) passed legislation yesterday to curb certain questionable credit card practices, placing additional

  April 30, 2009 Autos Chrysler Bankruptcy Looms as Deal on Debt Falters Last-minute efforts by the Treasury Department to win over recalcitrant Chrysler debtholders failed last night, setting up a

  April 29, 2009 Obama’s Foreclosure Prevention Plan Expanded to Second Mortgages The Obama administration yesterday unveiled an expansion of its $75 billion foreclosure prevention plan providing new

  April 28, 2009 Supreme Court to Hear Case on Bankruptcy Exemption Issue The U.S. Supreme Court yesterday granted certiorari in Schwab v. Reilly, No. 08-538, to review two bankruptcy exemption issues