Japan Land Prices May Fall as Property Funds Fail to Refinance (Bloomberg) bi2330423 Oct. 31 (Bloomberg) -- Some of Japan's biggest property investors, including KK DaVinci Holdings and Morgan Stanley , may have to sell some of holdings because of the credit crunch, dragging commercial real estate prices lower, analysts said

Distributors May Face Bankruptcy (The Moscow Times) bi2330423 29 October 2008 The country's electricity distributors are facing bankruptcy early next year because of cash flow problems as consumers delay payments for supplies, Integrated Energy System president Mikhail Slobodin said Tuesday

AngloGold looks at options to refinance (Financial Times) bi2330423 AngloGold Ashanti , the world?s third-biggest gold producer, set to review planned capital expenditure and possibly sell off more assets to a $1bn convertible bond

J.P. Morgan to refinance risky mortgages (UPI) bi2330423 NEW YORK, Nov. 1 (UPI) -- J.P. Morgan Chase & Co. says modify the terms of $70 billion troubled, mostly adjustable-rate mortgages holds

Housing Dream Backfires For Immigrant (NPR) bi2330423 Emmanuel Njoku thought he was living the American dream. During the housing boom, the Nigerian immigrant built a portfolio of 16 properties Prince George's County, Md. Now family has lost a million-dollar home, and he faces foreclosure on half a dozen other properties

Emerging markets face financing crunch (The Globe and Mail) bi2330423 Companies must $450-billion notes, bonds and loans next year..

Intrawest secures financing (Whistler Question) bi2330423 Whistler ? Officials at Intrawest, the parent company of Whistler Blackcomb (WB), announced late Thursday (Oct. 23) that the company had completed an agreement to a $1.7 billion loan that was due on Thursday, thanks to unanimous support from existing lender group

Home truths about the US financial 'scandal' (Sydney Morning Herald) bi2330423 McCain's bellicose, Obama's sly and neither has a credible plan to fix the US, says Paul Sheehan

Credit cards, home equity debt put borrowers hole (Asbury Park Press) bi2330423 When Bill Raftery drives 12-year-old son to school at Toms River Intermediate South, he sees the cracks the American dream

Divided They Stand: A Candidate Comparison (The Tampa Tribune) bi2330423 FEDERAL REGULATION McCAIN: Typically an opponent of government regulations, he has promised tougher ones for the financial industry response to the current crisis. Though he has not been specific, McCain has said he would reduce the number of federal agencies overseeing banks, thrift institutions and markets to make accountability clearer imposing tougher capital and disclosure ..

What do McCain and Obama's housing plans mean for La.' (The Houma Courier) bi2330423 industry HOUMA - The major contenders Tuesday's presidential race offer ambitious plans to help homeowners and lenders through the nation's current mortgage crisis.But Louisiana, an economy dependent on the booming oil industry, has been isolated somewhat from the foreclosure boom other markets

AIG taps $20.9B additional Fed credit line (AP via Yahoo! Finance) bi2330423 American International Group Inc. has reduced the amount owes the U.S. government by $6.8 billion after the insurance company was granted access to the Federal Reserve's new commercial paper program

Expectations lowered for new mortgage aid program (Los Angeles Times) bi2330423 WASHINGTON -- The government expects only 20,000 troubled borrowers be able to more affordable home loans by next fall under a new mortgage aid program passed by lawmakers over the summer

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