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GMAC 3Q loss widens, blames economic woes (The Times and Democrat) NEW YORK - GMAC Financial Services said Wednesday its third-quarter loss widened to $2.52 billion, as the ongoing woes of the global credit industry resulted in steep losses at its mortgage division.
- biz.yahoo.com
E-Fusion 2008 Award Finalist Progressive to Present F3 Internet Quoting Application Wednesday, November 5 (Business Wire via Yahoo! Finance) OLDWICK, N.J.----E-Fusion 2008 continues Wednesday, November 5, at 11:00 am, with the second E-Fusion Award finalist presentation, featuring Progressive Insurance’s “F3 Internet Quoting Application.” F3 is an insurance quoting application specially designed for consumers who want to purchase their insurance directly from Progressive via the Internet.
- www.npr.org
Small Banks Not Immune From Housing Fallout (NPR) Unlike the biggest U.S. banks, with nationwide reach, smaller community and regional banks largely avoided making risky home loans. But their exposure to residential development and construction loans means they might still be hurt by the crisis.
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