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Category Leaders: Bad Credit Student Loan
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Bad news, Bear: profit sinks 61%
CNN Money - ... reductions in both mortgage and credit ... particular focus on their exposure to bad debt. On Wednesday, Morgan Stanley ( Charts , Fortune 500 ) posted disappointing third-quarter earnings and said it took $940 million in markdowns due to loans that ...

Bear Stearns’ profit tumbles 62 percent
MSNBC - ... debt market and wrong-way bets on mortgages crunched the investment bank’s credit ... Bear’s core strength had been in these securities that went bad, and no one ... extremely difficult” conditions for markets where investors buy pools of loans. ...

Bear Stearns net tumbles 61 percent
Washington Post - ... quarterly profit plunged 61 percent to its lowest level in five years on bad bets ... Seen as a leader in packaging home loans into mortgage-backed bonds, Bear Stearns ... They were definitely hurt by the mortgage problems and credit markets," said Meg ...

Bernanke offers assurances on credit crisis 8:40 AM CT
Dallas Morning News - Global financial losses have far exceeded even the most pessimistic estimates of the credit losses on these loans,” the Fed ... Bernanke promised lawmakers that the Fed will take steps to crack down on abusive or bad lending ...

Kroger Expands Personal Finance Business
US News and World Report - ... expanding its financial services business since beginning with a Kroger credit card ... Advertised in stores by a cartoon figure, the loans and policies can be applied for ... If you start doing financial services and you have a bad experience, it can ...

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