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  1. Mervyns gets approval from bankruptcy court for $465M Wachovia financing (BizJournals)
    www.bizjournals.com
    A U.S. bankruptcy court has approved Mervyns LLC's $465 million debtor-in-possession financing facility provided by Wachovia Capital Finance Corp., along with other motions, according to a Thursday press release from the Hayward, Calif., department store chain.
  2. Insurer AIG posts large loss on bad mortgage bets - Reuters UK
    uk.reuters.com
    NEW YORK (Reuters) - American International Group Inc (AIG.N: Quote , Profile , Research ) posted its third consecutive quarterly net loss of more than $5 billion on Wednesday as it wrote down bad mortgage-related investments, sending its shares down ...


 
 
 
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