Blair County hires first in finance role; replaces elections director (Altoona Mirror)
HOLLIDAYSBURG - Blair County commissioners have hired a finance director and an elections director who will play key roles in the coming weeks as county leaders continue to monitor finances and prepare November’s presidential election. Timothy Brown of Duncansville, a certified public accountant and co-owner of Advertising and Marketing Fulfillment Co., Altoona, is the first finance director.

Prospect Heights finance committee forming (Daily Herald)
Two Prospect Heights aldermen and one citizen will form the Prospect Heights City Council’s new finance committee, which will oversee the city budget and review purchases.

Watchdog group blasts Buchanan on campaign finance (Miami Herald)
Congressman Vern Buchanan’s 2005 campaign violated campaign finance law by pressuring employees at his car dealerships for money and reimbursing some for contributions, a watchdog group alleges in a complaint filed Tuesday with the Federal Election Commission.

Strategic Finance signals loss (The New Zealand Herald)
Listed finance company Strategic Finance said today it will report a disappointing but appropriate operating loss this year while talks continue to decide its future.

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Taiwan Ex-Intelligence Chief Faces Money Laundering Probe (Nasdaq)
TAIPEI (AFP)–Taiwan’s former top intelligence chief is facing a probe into the alleged money-laundering scandal implicating former president Chen Shui-bian and his family, officials said Monday.

Money managers debate investment prospects under Obama, McCain (Market Watch)
NEW YORK (MarketWatch) — As Barack Obama and John McCain are poised to become their respective party’s presidential nominee, money managers who ordinarily might already have an idea of where to invest after the November election are, like many U.S. voters, still undecided.

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Fed Holds Auction for 84-Day Loans (Time Magazine)
The Federal Reserve has auctioned another $25 billion in loans to the nation’s banks and given them more time to pay the money back in an effort to combat a serious credit squeeze

Fed holds first auction for 84-day loans (San Francisco Chronicle)
The Federal Reserve has auctioned another $25 billion in loans to the nation’s banks and given them more time to pay the money back in an effort to combat a serious credit squeeze. The Fed announced Tuesday that the money would be loaned at a rate of 2.754…

U.S. Federal Reserve auctions $25B in loans (CNN.com)
WASHINGTON (AP) — The U.S. Federal Reserve has auctioned another $25 billion in loans to U.S. banks and given them more time to pay the money back in an effort to combat a serious credit squeeze.

Fed holds first auction for 84-day loans (KIFI Idaho Falls)
Associated Press - August 12, 2008 10:13 AM ET WASHINGTON (AP) - The Federal Reserve has auctioned another $25 billion in loans to the nation’s banks in an effort to combat a serious credit…

Fed Holds First Auction For 84-Day Loans (The Memphis Daily News)
WASHINGTON (AP) The Federal Reserve has auctioned another $25 billion in loans to the nation s banks and given them more time to pay the money back ….

FDIC pilot program explores alternatives to payday loans (Los Angeles Times)
WASHINGTON — Banks around the country have issued more than 3,000 small loans as part of a pilot program by the Federal Deposit Insurance Corp. exploring alternatives to payday lending.

BPI Family expects rise in car loans (Manila Standard Today)
The Ayala-controlled BPI Family Bank, the country s biggest thrift bank, expects to sustain growth in car loans in the next two to three months, despite a declining trend that started in April due to high oil prices.

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