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  1. RBS Abandons 2008 Profit Forecast as Bad Loans Rise (Update1) (Bloomberg)
    www.bloomberg.com
    Nov. 4 (Bloomberg) -- Royal Bank of Scotland Group Plc , waiting to take up the U.K.'s biggest bank bailout, abandoned its full-year profit forecast as credit-market losses worsened and bad loans rose.
  2. Suppliers’ credit rating downgraded; more could come - Detroit Free Press
    www.freep.com
    Standard and Poor’s downgraded the credit ratings of two auto suppliers and said several other suppliers that have significant business with the domestic automakers, face lower credit ratings. The ratings are important because they indicate how ...
  3. Heating-oil price swings can hurt dealers, too - Philadelphia Daily News
    www.philly.com
    If you want evidence that Wall Street's wild ride is causing vertigo on Main Street, look no further than home-heating-oil prices. Two months ago, Philadelphia-area customers who locked in prices for the winter agreed to pay as much as $5 a gallon ...
  4. Obama's housing plan not enough to fix problems - International Herald Tribune
    www.iht.com
    NEW YORK : President-elect Barack Obama is inheriting the worst housing recession in a generation, and the proposals he outlined on the campaign trail won't fix it, so there will be many tough decisions ahead. His plan includes a 10 percent mortgage ...

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