Latest News in Credit History and Jobs – Nov 21, 2008

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WaMu to shut Pleasanton center, cut 1,600 staff – San Francisco Gate

21 Nov 2008 at 2:53am
Friday, November 21, 2008 The bank’s East Bay call center, where roughly 1,200 workers answer customer inquiries about credit cards and consumer banking, will close by early spring, company spokesman Gary Kishner said. The company will cut 400 …

Obama’s Clinton-era picks tend to fit the Bill – Chicago Tribune

21 Nov 2008 at 2:31am
WASHINGTON ? The roster shaping up for the Barack Obama administration is starting to look a little familiar, with an ironic pattern emerging as one name after another is added to the list. A striking number of new and potential team members can …

Financing for cable deal goes through; Salisbury to pay 5.1 percent … – Sa…

21 Nov 2008 at 1:41am
Salisbury secured almost $35 million in financing Thursday ? the biggest one-time debt issue in its history ? for a new fiber-optic cable utility. “Anytime you make a decision like this, there is a risk, but we’ve studied it for so long,” Mayor …

Looking for trouble – Buffalo News

21 Nov 2008 at 5:23am
A presidential panel took aim last week at one of the primary instigators of the national credit crisis, and while its actions thus far may be insufficient to the problem, it is at least hopeful that Washington is attacking in the right place. As is …

WaMu Texas jobs contract unclear – Corpus Christi Caller

15 Nov 2008 at 12:23am
AUSTIN — Gov. Rick Perry’s office says it is closely watching Washington Mutual’s compliance with its state contract to create thousands of jobs in Texas now that it has been taken over by banking giant JPMorgan Chase & Co. Those who question the …

RBS and Citigroup to slash 13,000 jobs – This is Money

14 Nov 2008 at 5:03am
Two giant banks – Citigroup and Royal Bank of Scotland – are poised to axe 13,000 jobs as the credit crisis deepens. The total number of jobs cut by British companies this week alone is now nearing 20,000. Not since the recessions of the early …

WaMu unclear about Texas jobs despite contract – CNN Money

14 Nov 2008 at 3:40pm
NEW YORK (Associated Press) – Gov. Rick Perry’s office says it is closely watching Washington Mutual’s compliance with its state contract to create thousands of jobs in Texas now that has been taken over by banking giant JPMorgan Chase & Co. Those …

20,000 jobs go in one week – Evening Standard

14 Nov 2008 at 2:47am
LONDON bankers were facing a new wave of redundancies today as Britain headed for 20,000 job losses in five days. Citigroup is to send redundancy notices to 10,000 workers worldwide, many in Canary Wharf, while Royal Bank of Scotland is to shed 3,000 …

Gloom deepens as G20 leaders head for summit – Portland Tribune

12 Nov 2008 at 4:54pm
HONG KONG (Reuters) – G20 leaders headed to Washington on Friday for a summit aimed at seeking solutions to the world’s biggest financial crisis in decades and will be reminded of the deepening economic gloom by a report expected to show the euro …

Britain loses 20,000 jobs in ONE week as RBS and Citigroup join list … – D…

14 Nov 2008 at 2:54am
Job losses in Britain have hit a staggering 20,000 this week alone after banks Royal Bank of Scotland and Citigroup announced they were slashing thousands of posts. International financial giant Citigroup, which owns internet bank Egg, is to send …

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November 21 2008 04:48 am | Credit Reports

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