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Friday, September 5, 2008

Fitch Affirms Whitney Holding's IDRs at 'BBB+/F2'; Outlook

Fitch Affirms Whitney Holding's IDRs at 'BBB+/F2'; Outlook Stable - Forbes
The ratings are supported by WTNY's sound core banking franchise, solid capital levels and visa credit cards for bad credit adequate liquidity profile. While the trend of profitability has been affected by escalating credit costs and visa credit cards for bad credit compression of the net interest margin (NIM), the
Source: www.forbes.com
Executive leaves hedge fund Citadel - MSN MoneyCentral
BOSTON (Reuters) - A Citadel Investment Group LLC executive who ran an unprofitable credit investment group for the large hedge fund company has resigned, a person familiar with the matter said on Friday. Joe Russell, who was instrumental in making
Source: news.moneycentral.msn.com
Home loan troubles break records again - BusinessWeek
A record 9 percent of American homeowners with a mortgage were either behind on their payments or in foreclosure at the end of June, as damage from the housing crisis continues to mount, the Mortgage Bankers Association said Friday. But the source of
Source: www.businessweek.com

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