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GM says automakers deserve $50 billion in federal loans: report (Reuters via Yahoo! News)
Automakers deserve as much as $50 billion in government-backed loans so that they can build more fuel-efficient cars, according to a top General Motors executive, the New York Times reported.
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Five local businesses receive metro government loans (Louisville Courier-Journal)
A new restaurant in Valley Station and four other businesses have been awarded small-business loans from Louisville Metro Government.
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Detroit 3 say potential U.S. loans wouldn't be bailout (Detroit Free Press)
WASHINGTON -- Detroit's automakers pushed back Thursday against criticism of their drive for $50 billion in federal loans as a bailout, saying the government needed to step in when markets failed.
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U.S. loans for car makers a top priority, UAW says (The Toledo Blade)
WASHINGTON — Congressional approval for low-interest U.S. loans to help automakers develop more fuel-efficient vehicles is a top priority for the United Auto Workers, Alan Reuther, the union’s legislative director, said in a telephone interview yesterday. “We disagree with those who say it’s a bailout for the companies.†General Motors Corp., Ford Motor Co., and Chrysler LLC, along with their ...
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Colleges, trade schools feel the pinch as lenders quit or restrict school loans (St. Louis Business Journal)
Mildred Elley is losing 60 to 70 recruits a year who fail to qualify for loans, as banks and other lenders continue to tighten standards and abandon the education funding business.
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SBA offers disaster loans (Central New York Business Journal)
Federal economic injury disaster loans are available to small businesses, small agricultural cooperatives, and most private, nonprofit organizations of all sizes in New York as a result of hail, high winds, and excessive rain earlier this summer.
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Philippines Banks' June Loans +24.2% On Year Vs May's +15.4% (Nasdaq)
MANILA -(Dow Jones)- Outstanding loans of Philippine banks rose 24.2% on year in June, picking up momentum from a 15.4% gain in May, driven by higher demand for funds from the retail, utility, agriculture and transport sectors, the central bank said Friday.
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CIVIL SERVANTS GET BETTER TERMS FOR STAFF HOUSING LOANS (Bernama via Yahoo! Malaysia News)
KUALA LUMPUR, Aug 29 (Bernama) -- To encourage home ownership among civil servants, Prime Minister Datuk Seri Abdullah Ahmad Badawi said today that the government will improve the terms for staff housing loans as follows:
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GM's Lutz Calls For $50 Billion In Government-backed Loans (Fox News)
GM's Lutz Calls For $50 Billion In Government-backed Loans
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(AFX UK Focus) 2008-08-29 17:03 Elephant Loans says reverse takeover talks terminated (Interactive Investor)
LONDON (Thomson Financial) - Elephant Loans & Mortgages Plc. said talks on the previously announced proposed reverse takeover have now been terminated.
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