Money Files Finance Blog

Archives for January, 2009

Jan.

The Senate Finance committee will meet Monday after spending about a month reviewing the tax records of former Sen. Tom Daschle, President Barack Obama’s nominee for secretary of Health and Human Services.

ZURICH, Jan 31 – Swiss companies could find it difficult to get credit at reasonable conditions this year, Swiss Economy Minister Doris Leuthard was quoted as saying in an interview published on Saturday.

The nominee for health and human services failed to pay more than $128,000 in taxes, mostly for free use of a car and driver, officials said.

MINNEAPOLIS – A young woman strolled into Fury Motors in South St. Paul, Minn., at the end of last year in need of a new car after a crash. She drove out of the dealership in a nearly new 2008 Dodge Avenger under full warranty for $9,988.

New car buyers offered a new type of protection in more gloomy times

Jan. 30 — Dealers of credit-default swaps plan to overhaul the $28 trillion market in March to make the derivatives more like bonds and create a body that will arbitrate disputes.

McLEAN, Va. — U.S. homeowners took out $17.5 billion in home equity in the fourth quarter by refinancing their mortgages, the lowest amount since the first quarter of 2001, Freddie Mac said Friday.

Some raise interest rates or lower credit limits. Others just cancel the card.

U.S.