PDA working to pay back $10.5 million in start-up loans (Portsmouth Herald)
PORTSMOUTH and#8212; The Pease Development Authority staff is working to come up with a way to pay the state back the $10.5 million still owed on the loans made to the authority to get it going.

Czechs’ interest in consumer loans grows in H1 (Prague Daily Monitor)
Prague, July 24 (CTK) - Czech banks recorded a growth in interest in consumer loans in H1 this year, while the sale of mortgage loans declined in Jan-June, data from banks have shown.

Fed Discount Loans to Commercial Banks Rise to Record (Update2) (Bloomberg.com)
July 24 (Bloomberg) — The Federal Reserve said lending to commercial banks rose to an average daily record while loans to securities firms showed a zero balance for a fourth week.

Two workshops to address foreclosure, home loans (Modesto Bee)
Homeowners concerned about their loans can get free advice at foreclosure prevention workshops today in Stockton and Saturday in Patterson.

Risk of second-hand housing loans warned (China Daily)
The risks for second-hand housing loans are the highest among all property loans in Shanghai, the city’s banking regulator warned on Thursday, calling for local lenders to pay closer attention to the sector.

Indiabulls Fin to focus more on secured loans (Reuters via Yahoo! Malaysia News)
MUMBAI, July 25 (Reuters) - Indiabulls Financial Services Ltd plans to focus more on mortgage loans despite the lower yields to insulate itself from default risks emanating from higher interest rate environment, a senior official said.

tips@hotair.com (Hot Air Network, LLC)

Cash,Money, Moms: Why Bale was Busted

TMZ Staff

WoW Moviewatch: Azeroth Walk

Moo Money

McCain raisesmoneyoff Obama s trip

media@politico.com (Mike Allen)

jfzmajamir

Tim Selwyn

Australia’s largest investment bank profit falls amid global credit squeeze (GMA News)
MELBOURNE, Australia - Macquarie Group Ltd., Australia"s largest investment bank, said Wednesday its first-quarter profit slid as deal activity slowed and equity trading volumes decreased amid a global liquidity squeeze.

Maliki appeals to Germany to increase investment in Iraq (International Herald Tribune)
Eager to attract technological know-how and investment, Prime Minister Nuri Kamal al-Maliki of Iraq urged German industry to put aside reservations about security and help modernize Iraq’s energy infrastructure.

Iraqi prime minister seeks German investment (AP via Yahoo! News)
Iraq’s prime minister said Tuesday that improved security means his country is now ready to welcome foreign firms, using a trip to Germany to encourage investment from Europe’s biggest economy.

GE, Abu Dhabi investment co. form ventures (AP via Yahoo! News)
General Electric Co. has agreed to a joint venture with an Abu Dhabi government investment company that will pump $4 billion of outside capital into its weakened commercial finance business, part of new global partnership to expand on GE’s fast-growing sales in the Middle East.

Iraqi PM tries to lure foreign investment on European trip (Winston-Salem Journal)
Iraq’s prime minister said yesterday that improved security means that his country is now ready to welcome foreign companies, using a trip to Germany to encourage investment from Europe’s biggest economy.

Investment Banking Leader at Citigroup Is Leaving (New York Times)
Citigroup?s investment banking chairman, Michael Klein, will leave the bank, extending a management shake-up after Vikram S. Pandit?s appointment as chief executive in December.

GE, Abu Dhabi Form $8 Billion Mideast Investment Fund (Update2) (Bloomberg.com)
July 22 (Bloomberg) — General Electric Co. and Mubadala Development Co. formed an $8 billion venture to invest in emerging markets in the Middle East and Africa, and the Abu Dhabi investment company said it intends to become one of GE’s largest shareholders.

Brittney

Building Valuable SchoolLoanConsolidations

ayip

admin

Federal money to fight emerald ash borer (Northwest Herald)
The U.S. Senate Appropriations Committee earmarked an additional $30 million in federal money in 2008 to help combat and prevent the spread of emerald ash borer.

UCF to lose grant money for biofuel, other programs (BizJournals)
The University of Central Florida will lose $20 million in grant money this year, thanks to Gov. Charlie Crist.

Workers urged to ‘Wi$eUp’ about money management (Newsday)
With so many workers worrying these days over money management issues, now might be a good time for employers to consider offering them financial support - not just with a paycheck, but in an educational form.

Local mutuals ride the investor money shuffle (BizJournals)
Swoons in the stock and bond markets have prompted investors to shuffle their money in Boston-area mutual funds, inflating some portfolios by $1 billion to $2 billion over a two-month span, according to a recent analysis of data for the period that ended June 30. (X) (MOS) (POT)

Chuck Jaffe: Most money-market funds are safe from financial meltdown (Market Watch)
Edward in Brockton, Mass., got scared enough by the headlines a week ago that he did the unthinkable. He read the paperwork for his money-market mutual fund. What he found there made him more nervous, because the fund included a lot of paper from Freddie Mac and Fannie Mae.

Spending your kids’ money (Jewish World Review)
http://www.JewishWorldReview.com | Q : Relatives gave us presents for our new baby son. Some told us to put the money in a savings account for him, but we could really use the money right now.

Hip-hop rules in Money Hai Toh Honey Hai (Hindustan Times)
Composers Nitin Arora and Sony Chandy have composed an album for the comic caper Money Hai Toh Honey Hai that is dominated by hip-hop. Title track Money hai toh honey hai is a mix of hip-hop, electronic music and tinges of Chinese sounds. The composer duo joins Harshdeep Kaur for the rendition.

Park your money in a safe place (CNNMoney.com via Yahoo! Finance)
The stock market is volatile, banks are getting battered and everyone is talking about losing money. If you’re feeling skittish about your savings, you’re not alone.

Hard times for hard money (BizJournals)
Three private lenders to a local developer have leveled the most serious claims to date involving hard money deals in the region, accusing the firm in a lawsuit of fraud, embezzlement and securities violations after a plan to build two subdivisions went sour.

Local mutuals ride the investor money shuffle (BizJournals)
Swoons in the stock and bond markets have prompted investors to shuffle their money in Boston-area mutual funds, inflating some portfolios by $1 billion to $2 billion over a two-month span, according to a recent analysis of data for the period that ended June 30. (X) (MOS) (POT)

Central Bank fails to stem surge in money supply (Zawya)
21 July 2008 Money supply in the UAE has continued its rapid growth over the past 18 months despite Central Bank measures to curb its increase by borrowing from local banks and investing the funds abroad, official figures showed yesterday.

Personal Finance Daily: The week’s 10 best Personal Finance stories: July 14-18 (Market Watch)
In case you missed them, here are the top 10 Personal Finance stories from MarketWatch for the week of July 14-18:

British finance minister paints bleak picture of economy (AFP via Yahoo! News)
Britain’s economic downturn is worse than previously thought and there is no extra money available for public spending, Chancellor of the Exchequer Alistair Darling said in an interview published Saturday.

Court pulls up Citicorp Finance for employing goons (The Economic Times)
Citicorp Finance was slammed by a Delhi court for employing goons for repossessing a farmer’s financed JCB construction vehicle.

IAC Raises $2 Billion in Debt to Finance Spinoff Plan (Update2) (Bloomberg.com)
July 18 (Bloomberg) — IAC/InterActiveCorp , the Internet company controlled by Barry Diller , signed agreements to raise almost $2 billion to finance the spinoffs of three divisions, part of a plan to break up the company.

Campaign finance seminar scheduled (The Advertiser-Tribune)
A campaign finance seminar is set for August 12 in Tiffin. Two separate sessions are to be held at Seneca County Job and Family Services on TR 151. "The board is happy that we’re hosting this campaign finance seminar," Seneca County Board of Elections Deputy Director Jane Sheeley said.

British finance minister paints bleak picture of economy (AFP via Yahoo! News)
Britain’s economic downturn is worse than previously thought and there is no extra money available for public spending, finance minister Alistair Darling said in an interview published Saturday.