Friday, July 3, 2009

Risky debt instruments bring down Campbell banks - - BusinessRockford.com

ROCK RIVER BANK 

FDIC officials said the failures resulted from losses on risky debt instruments known as collateralized debt obligations and other loan losses. CDOs are asset-backed securities whose value and payments are derived from a portfolio of fixed-income underlying assets

Risky debt instruments bring down Campbell banks - - BusinessRockford.com

53-foot border tunnel equipped with lights

 

The tunnel's builders entered through a manhole near the border fence in Mexico and crawled through 700 feet of sewer drain, on both sides of the border, Mack said.

Click on the following for the rest of the story from San Diego:  53-foot border tunnel equipped with lights

Fire-sale prices don’t help Chrysler - - BusinessRockford.com

 

Fire-sale prices don’t help Chrysler - - BusinessRockford.com