Latest News in Car Insurance – Oct 30, 2008
October 30, 2008 by Webmaster
Filed under Car - Truck
Continental’s 3Q profit plunges 99 percent – Boston Globe
30 Oct 2008 at 1:32am
FRANKFURT, Germany— Auto parts and tire maker Continental AG said Thursday that its third-quarter profit plunged despite an increase in sales and said signs of a “drastic” slowdown have become evident. The company lowered its sales forecast and put …
Carroll: Money For All! – San Francisco Gate
30 Oct 2008 at 8:13am
You may have read that the Bush administration is seriously considering giving taxpayer dollars to the Big Three automakers. This would be an extension of the Great Bailout of 2008, which started with banks and brokerage houses and spread to at least …
Treasury urged to aid car and insurance sectors – Financial Times
24 Oct 2008 at 3:15pm
The US Treasury is coming under increasing pressure to expand its financial rescue plan beyond banks to include direct assistance to the ailing car and insurance sectors. In recent days, lawmakers and interest groups have stepped up their efforts to …
Almost Everyone Would Do Better Under the McCain Health Plan – Wall Street Jo…
27 Oct 2008 at 5:31am
The McCain health-care insurance tax credit may well be one of the most misunderstood proposals of this presidential election. Barack Obama has been ruthless in his attacks. But the tax credit is highly progressive and will provide a powerful …
AP Top Headlines At 4:30 a.m. EDT – Guardian Unlimited
26 Oct 2008 at 1:51am
Obama and McCain trade barbs as they scramble for support in Western swing states Wild World Series night in Philly: Phillies beat Rays 5-4 on Ruiz’s single in 9th for 2-1 lead AP INVESTIGATION: Sarah Palin’s pipeline terms netted 1 viable bid, from …
U.S. Mulls Widening Bailout to Insurers – Wall Street Journal
24 Oct 2008 at 5:59pm
WASHINGTON — The Treasury Department is considering buying equity stakes in insurance companies, a sign of how the government’s $700 billion rescue program could turn into a piggy bank for a range of beleaguered industries. The availability of U.S …
Insurers, automakers get in line for bailout – Seattle Post Intelligencer
23 Oct 2008 at 5:53pm
WASHINGTON — The chase for a piece of the Treasury Department’s $700 billion bailout program intensified Friday as the government considered extending it to include insurance companies as well as banks, and the auto industry stepped up efforts to …
How to thwart a car thief – Sify
28 Oct 2008 at 12:08am
The third time, the whole car was stolen, only to be recovered a few blocks away sans air bags and with some other minor damage. The Arbonas invested in a parking garage after that. A car is stolen every 26 seconds in the United States, according to …
Insurers Are Getting in Line for Piece of Federal Bailout – The Ledger
25 Oct 2008 at 3:06pm
WASHINGTON — The chase for a piece of the Treasury Department’s $700 billion bailout program intensified Friday as the government considered extending it to include insurance companies as well as banks, and the auto industry stepped up efforts to …
An economy on the edge – Detroit Free Press
30 Oct 2008 at 4:45am
The credit crunch is closing in on credit cards. Banks that got burned on bad mortgages are now bracing themselves for billions more in bad debt on credit cards — so they’re trying to cut their losses by cutting off customers. WASHINGTON —The …
