Video and Music Downloader Free search and download video - music online

Reuters - The U.S. government is weighing guaranteeing billions of dollars in bank debt and temporarily insuring al U.S. bank deposits, in a bid to unfreeze bank lending and staunch massive losses in equity markets, The Wall Street Journal reported on Friday.

Reuters - American International Group Inc has so far borrowed $70.3 billion under a U.S. government bailout loan even as regulators keep a close eye on how the insurer is using those funds, The Wall Street Journal said.

Reuters - Citigroup abandoned its brief but acrimonious battle with Wells Fargo & Co over Wachovia Corp , one of the United States' largest banks, losing out on a deal crucial to strengthening its retail banking business but vowing to pursue up to $60 billion in legal claims.

WASHINGTON—The Treasury Department is considering ways to inject capital directly into banks, possibly by taking equity stakes, as the financial crisis continues to worsen.

Treasury Secretary Henry Paulson, in a marked shift in rhetoric, played up Treasury's newfound authority to "to inject capital into financial institutions" in remarks Wednesday. Mr. Paulson, who won approval from Congress to buy $700 billion worth of distressed assets, had previously focused on Treasury's plan to buy mortgage-related securities from financial institutions that are having trouble getting the assets off their books.

Reuters - The Dow and the S&P 500 fell in choppy trade on Thursday as persistent fears that the widening credit crisis will tip the global economy into recession derailed an attempted rebound, with financials leading the slide.

Reuters - Shares in Morgan Stanley plunged as much as 25 percent on Thursday on ongoing concern about the status of a planned $9 billion investment by Japan's top bank, Mitsubishi UFJ Financial Group (8306.T).

AP - Dismal September sales results from mall-based apparel chains, released Thursday, offered more fresh evidence that American consumers, spooked by the financial meltdown, shut their wallets tight last month.

Reuters - American International Group Inc shares fell 17 percent on Thursday, one day after the insurer said it would receive more liquidity from the Federal Reserve of New York in the middle of the worst credit crisis since the Great Depression.

Reuters - Shares of National City Corp climbed more than 15 percent on Thursday, after the Wall Street Journal reported that the large Midwest U.S. regional bank was in talks about a possible sale.

Reuters - Shares of National City Corp jumped nearly 30 percent to $2.89 before the bell on Thursday after the Wall Street Journal reported that the U.S. regional bank is in sale talks.