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INSURANCE NEWS -
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Good riddance, Age of Finance - Globe and Mail
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As of: 2008-09-16
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Good riddance, Age of Finance- Globe and Mail, Canada - 10 hours ago- You know the Age of Finance is over when central banks start accepting mystery meat as collateral. We're not quite there yet, but it's getting close. ...- Only the beginning for brokerage-bank coupling Financial Post- ?In 1932 these big banks didn't go bankrupt' ReportonBusiness.com- Opinion: Wall Street is dead: Armageddon Monday as the big banks fold DigitalJournal.com- Globe and Mail - Globe and Mailall 5,124 news articles -
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How Canadian banks are linked to AIG - Globe and Mail
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As of: 2008-09-16
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IBNLive.com- How Canadian banks are linked to AIG- Globe and Mail, Canada - Sep 16, 2008- If you need something else to worry about this morning, consider the fact that the six big Canadian banks have $823-billion of notional exposure to a credit ...- AIG troubles put $62-trillion CDS market at risk Globe and Mail- all 11 news articles -
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Central banks try to calm markets - Globe and Mail
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As of: 2008-09-16
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Central banks try to calm markets- Globe and Mail, Canada - Sep 16, 2008- AP and Reuters FRANKFURT/TOKYO ? European and Asian central banks pumped billions of dollars in short-term credit into the financial system again Tuesday to ... -
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Wall Street's troubles infect Hong Kong - Financial Post
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As of: 2008-09-16
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BBC News- Wall Street's troubles infect Hong Kong- Financial Post, Canada - 19 hours ago- While the overseas staff of big US and European banks are feeling the pressure, there was not much respite either for Asia's banking sector. ...- Lehman's Asian Bosses Seek Barclays Deal Too, Sources National Post- Lehman Brothers woes send global markets tumbling CTV British Columbia- Lehman Brothers woes send global markets tumbling CTV.ca- The Gazette (Montreal) - Hamilton Spectatorall 1,172 news articles -
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The US Financial System in Serious Trouble - Center for Research on Glob...
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As of: 2008-09-16
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Center for Research on Globalization- The US Financial System in Serious Trouble- Center for Research on Globalization, Canada - Sep 16, 2008- Indeed, the US government committed to invest as much as $200 billion in preferred stock and extend credit through 2009, to keep the two mortgage lenders ... -
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'A new financial world order will be born of this' - Edmonton Jo...
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As of: 2008-09-16
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'A new financial world order will be born of this'- Edmonton Journal, Canada - Sep 16, 2008- Meanwhile, New York's financial sector is now awash in jobless retail brokers and corporate bankers. Besides the 26000 employees thrown out of work by ...- Bank of America to buy Merrill Financial Post- Merrill in talks with Bank of America: report National Post- Bank of America to buy Merrill: report Reuters Canada- HoweStreet.comall 5,124 news articles -
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Chaos in financial sector ? Who will pay? - Opinion250 News
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As of: 2008-09-16
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Chaos in financial sector ? Who will pay?- Opinion250 News, Canada - Sep 16, 2008- Tangled into this mess were a witch?s brew of government and private regulators, non-banking corporations, brokers, politicians and others, who all played ... -
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Layton promises banking industry review - Globe and Mail
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As of: 2008-09-16
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Layton promises banking industry review- Globe and Mail, Canada - 22 hours ago- They don't keep their eyes on the stock promoters and the bond sellers and the mortgage brokers and bankers. Today, we see the results. ...- NDP unveils $100M employment incentive program Canada.com- all 34 news articles -
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Compliance Coach Announces Continental Airlines Federal Credit ... - Sto...
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As of: 2008-09-16
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Compliance Coach Announces Continental Airlines Federal Credit ...- Stockhouse, Canada - Sep 16, 2008- The impact is broad and the Rule affects every single bank, credit union, mortgage lender, auto dealer, credit card lender, payday lender, utility company, ... -
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Organized crime benefits from e-waste recycling - Solid Waste & Recycling
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As of: 2008-09-16
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Organized crime benefits from e-waste recycling- Solid Waste & Recycling, Canada - Sep 16, 2008- ... the need for effective coordination among law enforcement agencies is more essential than ever. "CISC's role of facilitating the collection and exchange ... -
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MASSIVE BAILOUT FOR AIG - National Post
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As of: 2008-09-16
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National Post- MASSIVE BAILOUT FOR AIG- National Post, Canada - 10 hours ago- With a potentially catastrophic bankruptcy looming as early as today, Washington was backed into a corner. After a meeting yesterday with George W. Bush, ...- Credit crunch claims two more ? Part I Stockhouse- What's next for Lehman, Merrill in Canada Globe and Mail- Sharing out the risk Prince George Citizen- IT World Canada Blogs - The Gazette (Montreal)all 1,807 news articles -
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AIG may get loan from the Fed: sources - Financial Post
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As of: 2008-09-16
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AIG may get loan from the Fed: sources- Financial Post, Canada - 16 hours ago- If AIG can't secure the funds, it could be forced to file for bankruptcy protection as early as today. An AIG bankruptcy would be a much greater financial ... -
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Midday Market Recap: AIG Overshadowing Fed as Potential Bankruptcy ... -...
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As of: 2008-09-16
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Voice of America- Midday Market Recap: AIG Overshadowing Fed as Potential Bankruptcy ...- CEP News, Canada - Sep 16, 2008- (CEP News) - The clock appears to be ticking on AIG as the insurance giant scrambles to raise capital and avoid bankruptcy. Worries about the potential ...- Lehman files for bankruptcy MWC News- Talks to sell Lehman falter as Barclay withdraws National Post- US Federal Reserve could lower interest rates The North Bay Nugget- Business News Network - OANDA Forex Blogall 1,507 news articles -
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Harper seeks to reassure Canadians - Financial Post
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As of: 2008-09-16
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Harper seeks to reassure Canadians- Financial Post, Canada - Sep 16, 2008- But he soon sounded a harsher tone against his own party, saying that Lehman Brothers' bankruptcy, the cheap sale of Merrill Lynch and reverberations on ...- Lehman bankrupt, Merrill Lynch snapped up TheChronicleHerald.ca- Reuters Canada Business Summary ReportonBusiness.com- 'A new financial world order will be born of this' Edmonton Journal- Globe and Mail - ReportonBusiness.comall 5,124 news articles -
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AIG shares plummet as cash crisis mounts - Financial Post
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As of: 2008-09-16
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Aljazeera.net- AIG shares plummet as cash crisis mounts- Financial Post, Canada - Sep 16, 2008- Those concerns shifted into high gear last week, forcing Lehman to agree to file for bankruptcy protection yesterday after the 158-year-old Wall Street ...- Reuters Canada Business Summary ReportonBusiness.com- Stocks drop worldwide in financial shake-up Financial Post- Financials taste fear Financial Post- all 390 news articles -
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Fed poised to cut interest rates - CBC.ca
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As of: 2008-09-16
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CBC.ca- Fed poised to cut interest rates- CBC.ca, Canada - Sep 16, 2008- Many experts now argue that, after the pounding global equity market took on Monday in the wake of the bankruptcy of Lehman Brothers, anything less than a ...- Midday Market Recap: Fixed Income and Equities Differ on Lehman ... CEP News- Wall Street crisis may force BoC to cut rates next month Financial Post- Fed Funds Price in 80% Rate For Next FOMC Meeting as Lehman and ... CEP News- CBC.ca - Financial Postall 1,314 news articles -
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Statement on Lehman Brothers? Bankruptcy Filing - Exchange Morning Post
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As of: 2008-09-16
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GulfNews- Statement on Lehman Brothers? Bankruptcy Filing- Exchange Morning Post, Canada - Sep 16, 2008- Washington, DC - My reaction to Lehman Brothers? declaring of Chapter 11 bankruptcy and the refusal of Treasury Secretary Hank Paulson and others to take ...- The US Financial System in Serious Trouble Center for Research on Globalization- Banking shakeup roils Wall Street Globe and Mail- Deal for Lehman fades Hamilton Spectator- 680 News - Times and Transcriptall 1,483 news articles -
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Financials taste fear - Financial Post
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As of: 2008-09-16
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Financial Post- Financials taste fear- Financial Post, Canada - Sep 16, 2008- How will settlement of interrelated transactions with Lehman occur? Uncertainties remain. American International Group (AIG/NYSE), the world's largest ... -
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Burgess Mill site officially commemorated - Victoria Star
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As of: 2008-09-16
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Burgess Mill site officially commemorated- Victoria Star, Canada - 14 hours ago- As the sons were older, the family acquired the lumber from other settlers, and obtained leases in Comeau Ridge, Ryan Brook and the Burgess Settlement, ... -
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Alter NRG Corp. announces the finalization of the plant siting for ... -...
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As of: 2008-09-16
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Alter NRG Corp. announces the finalization of the plant siting for ...- Canada NewsWire (press release), Canada - Sep 16, 2008- Alter NRG intends to finance its working interest in the first phase of project through a structured debt facility and the Company's existing cash reserves. ... -
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Frank's Online Gambling Bill Draws Bachus Into Debate - Online Casin...
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As of: 2008-09-16
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Frank's Online Gambling Bill Draws Bachus Into Debate- Online Casino Advisory, Canada - 21 hours ago- Bachus also argued that credit cards make spending on gambling much easier than cash, allowing patrons to overspend their budget, another point he thinks ... -
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The Inside Scoop on ?Top-Down? Investing - HoweStreet.com
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As of: 2008-09-16
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The Inside Scoop on ?Top-Down? Investing- HoweStreet.com, Canada - Sep 16, 2008- Fundamental investing like this is called ?Top-Down? and it looks something like this? So now that we have a bead on the economy, let?s talk about sectors. ... -
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Funds likely wary of US investments - Financial Post
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As of: 2008-09-16
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Funds likely wary of US investments- Financial Post, Canada - Sep 16, 2008- Last November, Abu Dhabi Investment Authority paid US$7.5-billion in bonds to buy a 5% share of Citigroup shares. Ditto Kuwait Investment Authority, ... -
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Media advisory - Ottawa is first in Canada to launch 'next big ... -...
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As of: 2008-09-16
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Media advisory - Ottawa is first in Canada to launch 'next big ...- CNW Telbec (Communiqués de presse), Canada - 13 hours ago- Not yet launched elsewhere in Canada, Ottawa's investing community will have an opportunity to hear about - and take advantage of - the 'core and satellite' ... -
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Rivals move to fill AIG's shoes - Globe and Mail
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As of: 2008-09-16
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Edmonton Journal- Rivals move to fill AIG's shoes- Globe and Mail, Canada - 10 hours ago- Meanwhile, the head of AIG Life Insurance Co. of Canada was seeking to reassure worried policy holders this week that the Canadian life insurance business ...- Manulife Releases Details on Selected Exposures Canada NewsWire (press release)- Manulife seen eyeing AIG assets in US upheaval Reuters Canada- Manulife seen eyeing AIG assets in US upheaval StarPhoenix- Telegraph-Journal - CanadianBusiness.comall 106 news articles -
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CORRECTED: Sun Life to take charge related to Lehman - Reuters Canada
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As of: 2008-09-16
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CORRECTED: Sun Life to take charge related to Lehman- Reuters Canada, Canada - Sep 16, 2008- Sun Life, Canada's third-largest life insurance company, said the amount of the charge depends on a number of factors, including the amount of expected ...- Sun Life Financial statement on AIG holdings Canada NewsWire (press release)- US woes spill into Canada Waterloo Record- all 42 news articles -
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COUNTERPARTY RISK AND CREDIT DEFAULT SWAPS - Globe and Mail
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As of: 2008-09-16
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Globe and Mail- COUNTERPARTY RISK AND CREDIT DEFAULT SWAPS- Globe and Mail, Canada - 10 hours ago- ... into the business of selling insurance against bond defaults, probably figuring it wasn't that much different than underwriting life or home insurance. ...- AIG shares fall as it seeks funds to shore up CanadianBusiness.com- S&P: Ratings on American International Group Lowered and Kept on ... Stockhouse- all 549 news articles -
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Small and fast beats big and slow - Globe and Mail
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As of: 2008-09-16
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Canada.com- Small and fast beats big and slow- Globe and Mail, Canada - Sep 16, 2008- Wagoner said he would immediately leave Detroit today to go to Washington, DC He's going there to plead for loan guarantees for the US-based auto industry, ...- GM presents Volt on company's 100th anniversary CTV.ca- GM?s next century riding on more than Chevy Volt Westfall Weekly News- all 634 news articles -
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Ripples in the same-old - Valley Echo
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As of: 2008-09-16
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Ripples in the same-old- Valley Echo, Canada - 21 hours ago- ... get back on their feet, brush themselves off, work out a deal with the government that bailed it out so they don?t have to repay their loans, ... -
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CFI Trust announces "monthly pay event" - Canada NewsWire (pre...
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As of: 2008-09-16
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CFI Trust announces "monthly pay event"- Canada NewsWire (press release), Canada - 22 hours ago- CFI Trust has issued, from time to time, securities backed by the Trust's assets, including a revolving portfolio of leases ("Leases") and secured loans ... -
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More room to play - BCLocalNews
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As of: 2008-09-16
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More room to play- BCLocalNews, Canada - 15 hours ago- A new partnership with a provincial trust will allow Shuswap Community Futures to give more substantial loans to small business. ... -
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Dal MBA offers top candidates taste of real world - TheChronicleHerald.ca
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As of: 2008-09-16
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Dal MBA offers top candidates taste of real world- TheChronicleHerald.ca, Canada - Sep 16, 2008- ?For the fourth consecutive year, an independent survey of thousands of Canadians has shown that credit unions rank first in customer service among ... -
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US Investor Threatens First Ever Health Care Suit - Embassy
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As of: 2008-09-16
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US Investor Threatens First Ever Health Care Suit- Embassy, Canada - 12 hours ago- In other words, our health care system?at least as it stood in 1994 when the NAFTA came into force?is beyond the reach of foreign insurance companies and ... -
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Why Are Today's GP's Opting For Private Medical Insurance - Free...
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As of: 2008-09-16
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Why Are Today's GP's Opting For Private Medical Insurance- Free Press Release Center (press release), Canada - Sep 16, 2008- Mike Dalby, Director of Health-on-Line, the online private medical insurance (PMI) company reports a notable increase in the number of GP?s purchasing PMI. ... -
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Reports criticize Obama, McCain health plans - Canada.com
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As of: 2008-09-16
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Canada.com- Reports criticize Obama, McCain health plans- Canada.com, Canada - 18 hours ago- Both candidates agree that major health care reform is needed, with 46 million Americans having no health insurance and studies showing that while the ...- McCain health-care plan transforms US health insurance but few ... Eureka! Science News- Economists criticize candidates? health plans Ottawa Recorder- all 444 news articles -
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Body Bingo will raise funds for health care - Victoria Star
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As of: 2008-09-16
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Body Bingo will raise funds for health care- Victoria Star, Canada - 14 hours ago- ... $250 rebate on an insurance policy courtesy of Alliance Assurance; $250 in Canadian Tire gift cards; vouchers worth $250 each at local car dealerships ... -
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Least Expensive Cars To Drive - Autonet
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As of: 2008-09-16
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Least Expensive Cars To Drive- Autonet, Canada - 12 hours ago- The insurance costs are also among the lowest on the list. Where the Jeep isn't so hot is on depreciation, but the same could be said for any car on the ... -
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TSX rebounds on gold, technology stocks - CTV.ca
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As of: 2008-09-16
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CTV.ca- TSX rebounds on gold, technology stocks- CTV.ca, Canada - 17 hours ago- One possible reason why US markets rose Tuesday was a hope that Washington would bail out the troubled insurance giant AIG, the largest insurer in the world ... -
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AIG troubles put $62-trillion CDS market at risk - Globe and Mail
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As of: 2008-09-16
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AIG troubles put $62-trillion CDS market at risk- Globe and Mail, Canada - Sep 16, 2008- It's not car insurance that poses a problem - that business can easily be sold. It's AIG central role in a $62-trillion (US) credit default swap market ... -
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Simpler times of a car-less life - Guelph Mercury
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As of: 2008-09-16
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Guelph Mercury- Simpler times of a car-less life- Guelph Mercury, Canada - Sep 16, 2008- And dealing with police reports and insurance agents made me recall a simpler time, when I didn't need wheels. Way back when I was in college, ... -
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ENTAIRE GLOBAL COMPANIES CHAIRMAN AND CEO CHOSEN AS TOP 25 ... - dBusine...
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As of: 2008-09-16
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ENTAIRE GLOBAL COMPANIES CHAIRMAN AND CEO CHOSEN AS TOP 25 ...- dBusinessNews Atlanta (press release), GA - 23 hours ago- His expertise in wealth management, finance, and retirement planning has enabled Entaire to emerge as the leader in the rapidly expanding field of "Financed ... -
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What to do during a market "adjustment" - Stockhouse
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As of: 2008-09-16
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What to do during a market "adjustment"- Stockhouse, Canada - 22 hours ago- In July, investors pulled $23 billion out of stock mutual funds. In August, the sell-off continued when mutual fund investors pulled out an additional $6.5 ... -
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Mutual fund asset growth stalled in August from a year earlier - Morning...
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As of: 2008-09-16
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Mutual fund asset growth stalled in August from a year earlier- Morningstar.ca, Canada - Sep 16, 2008- by June Yee | 16 Sep 08 | E-mail Article to a Friend Assets under management by the Canadian mutual fund industry in August remain virtually unchanged from ... -
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Active choice can limit risks - Financial Post
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As of: 2008-09-16
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Financial Post- Active choice can limit risks- Financial Post, Canada - Sep 16, 2008- The popular perception is that while index funds may beat actively-managed mutual funds during rip-roaring bull markets, once a bear market arrives, ... -
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AGF challenges competitors to raise $135000 for Juvenile Diabetes ... - ...
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As of: 2008-09-16
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AGF challenges competitors to raise $135000 for Juvenile Diabetes ...- Investment Executive, Canada - Sep 16, 2008- By IE Staff AGF Funds Inc. today reissued a ?battle of the bikes? challenge to other mutual fund companies to raise awareness for and encourage their ... -
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Cash and deposit-rich WaMu confident of survival prospects - Globe and Mail
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As of: 2008-09-16
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Cash and deposit-rich WaMu confident of survival prospects- Globe and Mail, Canada - 10 hours ago- SAN FRANCISCO -- Washington Mutual Inc.'s $143-billion (US) in retail deposits may buy chief executive officer Alan Fishman enough time to prove wrong ... -
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Don't let fear force you to sell - Leader Post
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As of: 2008-09-16
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Don't let fear force you to sell- Leader Post, Canada - Sep 16, 2008- Statistics released by the Investment Funds Institute of Canada show that short-term mutual funds, ie, money market funds, had the greatest net sales in the ... -
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Brickburn Funds Inc. announces appointment of new Director - Canada News...
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As of: 2008-09-16
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Brickburn Funds Inc. announces appointment of new Director- Canada NewsWire (press release), Canada - 23 hours ago- Brickburn Funds Inc. is a Calgary-based mutual fund company offering three fund classes: << 1. Dominion Equity Resource Growth Class 2. ... -
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US Fed leaves rates unchanged, surprising markets - CBC.ca
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As of: 2008-09-16
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US Fed leaves rates unchanged, surprising markets- CBC.ca, Canada - 21 hours ago- At its regularly scheduled interest rate meeting, the US central bank's Federal Open Market Committee opted to leave the key Fed funds rate alone at two per ...- Central banks move to calm troubled markets Globe and Mail- Midday Market Recap: Fixed Income and Equities Differ on Lehman ... CEP News- Fed holds line on rates ReportonBusiness.com- all 1,314 news articles -
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C.banks dish out emergency cash despite AIG rescue - Reuters Canada
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As of: 2008-09-16
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Reuters- C.banks dish out emergency cash despite AIG rescue- Reuters Canada, Canada - 13 hours ago- By Vidya Ranganathan and Chikako Mogi SINGAPORE/TOKYO (Reuters) - Japan and Australia pumped more emergency funds into money markets on Wednesday, ...- Asia greases money markets, AIG deal fails to soothe StarPhoenix- all 59 news articles -
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Media Information - Titles are on the line at the 126th Annual ... - Can...
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As of: 2008-09-16
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Media Information - Titles are on the line at the 126th Annual ...- Canada NewsWire (press release), Canada - 21 hours ago- 16 /CNW/ - Members of our emergency services agencies come out in full force for the 126th ANNUAL POLICE GAMES. A day of friendly competition and feats of ... -
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Margaretsville Wharf: Good news/bad news - Nova News Now
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As of: 2008-09-16
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Margaretsville Wharf: Good news/bad news- Nova News Now, Canada - Sep 16, 2008- ... to provide letters in support of emergency funding from the Atlantic Canada Opportunities Agency, and more importantly, to approve proposed amendments ... -
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Fed shows 'no sense of urgency' in cutting rates - Globe and Mail
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As of: 2008-09-16
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Fed shows 'no sense of urgency' in cutting rates- Globe and Mail, Canada - 10 hours ago- And for the moment, at least, the economy isn't in dire straits, so a 2-per-cent federal funds rate is more than adequate. The Fed is also deeply involved ... -
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