store credit cards department store retail
store card a
0% Chase
  The big banks are urged to lend money.
Learn information about financial news and information . Apply for a Credit Card.
apply now for bloomindale's card
apply now
American Express
Credit Cards

Gift Cards

Site Map

Store Credit Cards

Submit Your Site

Partner Page

Contact Us

get approved for credit shop at bloomingfales blumingdales dept store card
Credit Cards Online

   Home >  Credit Cards >  Top News: Big Bank Bailouts

Top News Stories

Top News:Big Bank Bailouts in the U.S. .

Get the latest breaking news about the financial industry.
Top Breaking News Stories

Troubled Big Banks urged to lend.
Nov. 12 2008 Their is alot of pressure these days on the big banks in the U.S. . New numbers are emerging, it has been reported up to 1 million homes are in forclosure status, or set to be near forclosure status.

Since they have recieved federal funding, they have been urged to lend lend lend. They are Citigroup, JP Morgan Chase, Bank of America, Goldman Sachs, Morgan Stanley, Wells Fargo, Bank of New York Mellon, State Street and Merrill Lynch. Smaller banks will share another 125 billion in the the cash-for-equity scheme, part of bigger $700 billion government plan. The US government bank rescue plan, approved by Congress after much oposition, was designed to provide liquidity by buying up bad bank assets.

As part of the bail-out, the US Treasury aims to buy stakes in banks in return for capital. One of the banks, State Street, said it had agreed to a scheme whereby the Treasury will invest 2 billion in preferred shares and also be given warrants to obtain additional stock.

Banks have been struggling since the middle of 2007 with rising mortgage defaults and a credit crisis that has virtually frozen inter-bank lending and severely restricted lending to consumers.

It will be some time to see if the bank bailout will succeed. Their is more speculation that more money might be need. Also other sectors are screaming to keep thier companies afloat, the car industry, steel workers, and insurance agencies are some to name a few.

 makes finding the best low interest credit card account easy, fast and convenient. There is no better way to research your options and make an informed, responsible decision.

There are so many rewards and benefits programs available today it can be difficult to determine if you are really selecting the best credit card. allows you to easily browse through so many rates and rewards that the selection process will become much simpler. Better yet, when you apply (which can be done online) you will be confident that you have made an informed decision and truly found the best account for your needs.

Search for a Credit Card Application. is your convenient, one stop source for credit card information and online applications. Whether you want to examine a few options or have already made up your mind and need a Capital One credit card application, should be your destination. You will find applications for all major cards, including reward program and Disney cards (in multiple designs), as well as all of your favorite store cards. Gift cards are even available for purchase. In addition to your Disney or Capital One credit card application, you will also find informative credit articles and a variety of online interest and income calculators.

   © copyright | Privacy Policy || all rights reserved