Federal Home Loan Bank of Cincinnati Reports September Rise in Advances (PrimeNewswire via Yahoo! Finance)
CINCINNATI, Oct. 2, 2007 -- The Federal Home Loan Bank of Cincinnati reported today the level of Advances to members increased by $1.8 billion to $53.6 billion in September compared to August 31, 2007, a 3.4 percent increase.

Spector Ousted by Cayne Over Too Much Bridge, Money (Update1) (Bloomberg.com)
Oct. 3 (Bloomberg) -- Warren Spector had been working at Bear Stearns Cos. for just four months in 1983 when the moment arrived that would make his career. Chuck Ramsey, who was in charge of the company's fledgling mortgage bond desk, had just completed a big trade.

Outlook: Speculation Kills (Washington Post)
"Twenty years ago, the Slavic Village neighborhood of Cleveland was a tightly knit community of first- and second-generation Polish and Czech immigrants. Today, it's in danger of becoming a ghost town, largely because a swarm of speculators, real estate agents, mortgage brokers and lenders saw an opportunity to make a buck there.... The neighborhood wasn't always a haven for criminals -- not ...

Credit crunch hits small businesses (CNN Money)
Three years after scraping together $100,000 from family, friends, and credit cards to bootstrap Zensah (zensah.com), a maker of athletic clothing in Hialeah, Fla., Ryan Oliver wanted expansion capital. He looked where thousands of entrepreneurs have found a ready source of funding - in the value his house. Applying for a $25,000 home-equity loan, he figured he was a shoo-in. shoo-in. His credit ...

Calif.-Based Investor Buys Frayser Restaurant (The Memphis Daily News)
     RAM Investments of Tennessee LLC, an Encino, Calif.-based company, bought the site of a Wendy's restaurant at 2221 Frays....