Project Lifeline: Bank of America, Citigroup, Countrywide, JP Morgan, Washington Mutual & Wells Fargo

With the credit crunch hitting the U.S. hard, a collection of banks are getting together in “Project Lifeline” with the aim of helping US homeowners.

US house prices are getting depressed thanks to unsold homes and six major US banks are about to announce their plans to offer help to US homeowners with their mortgages Read more

Countrywide Shares Plunge: report claims bankruptcy fabricated

Bank of America Layoffs: 3000 Jobs Lost

Fed Rate Cut By 0.5 pt, Federal Reserve Meeting Lowers Interest Rate to 4.75 pct

Wall Street Expects Fed To Cut Interest Rates: Stocks Set To Rise

Banks Are Struggling as Mortgage Interest Rates Rise: But Its Good News for Savers

Buy-To-Let Investors Pour Back Into Real Estate Market

Technology Sector Leads Wall Street Stocks As Banks Fall

Mid-America Bank To Cut 390 Jobs By Next Year

Countrywide Financial Corp Cuts 12,000 Jobs In Face Of US Housing Crisis

Subprime Crisis, Bank of America and US spiralling toward recession

Bank of America agrees to pour $2 billion into Countrywide Financial Corp

Countrywide Layoffs: More Trouble for Countrywide Financial

Fed Discount Rate: Surge on Wall Street thanks to federal funds rates cut

Oil Prices Rise on Hurricane Dean, Oil Refinery Fire

US Dollar Surges 2% In 2 Weeks

Countrywide Financial: More Bad Countrywide News, Countrywide Bankruptcy Ahead

Countrywide Financial Bankruptcy Fears Cripple Stock

Finance News: First Magnus Halt Loans?

Countrywide Financial Corp: Merrill Lynch & Co says bankruptcy possible

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