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German Stocks Fall Most Since January; Hypo Real Estate Slumps (Bloomberg)
Oct. 6 (Bloomberg) -- German stocks fell the most in eight months, sending the DAX Index to the lowest since June 2006, as the yearlong debt-market seizure forced the country's financial industry to double a credit line for Hypo Real Estate Holding AG and the government to guarantee personal savings accounts.
Mon, 06 Oct 2008 18:42:29 GMT

Graduates drowning in debt from high cost of college (Seattle Times)
College graduates are starting work with twice as much debt as in the mid-1990s. For many, the burden of loan payments — sometimes as large as mortgage payments — is constraining big decisions, from picking a career to buying a house.
Sun, 05 Oct 2008 07:25:34 GMT

World News:

Nervous markets take heart from big Australia rate cut
BEIJING (Reuters) - Guarded optimism mounted on Tuesday for a unified international response to the credit crisis ricocheting around the world after Australia cut interest rates far more steeply than expected.

Panic over financial system knocks Asia stocks
HONG KONG (Reuters) - Panic about how the U.S. and European governments have not yet found a solution to the plague sweeping through the global financial system hit Asian stocks again on Tuesday and lifted gold prices.

McCain, Obama unleash another round of attacks
NASHVILLE, Tennessee (Reuters) - Republican John McCain and Democrat Barack Obama warmed up on Monday for a potentially crucial debate by unleashing another volley of personal attacks on each other's character in an increasingly ugly White House race.


 

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Debt consolidation agencies allege that debt consolidation loans can help create savings for its customers by reducing the amount to be paid for debts. The manner in which this will be realised is not immediately comprehensible to most people. Why will a person who legibly holds you in debt accept a payment lesser than what
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