PREVIEW-Australia's CBA profit to rise on booming fund business (Reuters via Yahoo! Asia News)

..You’ve got a luxury car. This house. You take regular vacations…

PREVIEW-Australia's CBA profit to rise on booming fund business (Reuters via Yahoo! Asia News)

SYDNEY, Aug 13 (Reuters) - Commonwealth Bank of Australia Ltd. (CAB), the nation's second-biggest lender by assets, is expected to report a 14 percent rise in second-half profit, boosted by its booming fund management business.

PREVIEW-Australia's CBA profit to rise on booming fund business (Reuters Finance News, Australia via Yahoo!7 Finance)

SYDNEY, Aug 13 (Reuters) - Commonwealth Bank of Australia Ltd. CBA.AX (CAB), the nation's second-biggest lender by assets, is expected to report a 14 percent rise in second-half profit, boosted by its booming fund management business.

How a credit crunch could squeeze the state (Boston Globe)

Will the turmoil on Wall Street spread to Main Street? Last week's sell-off in financial markets spurred new concerns that the shake-out in US housing and mortgage markets will infect the broader economy and snuff out the six-year expansion. In particular, analysts worried about a credit crunch, in which investors and lenders get so spooked they stop lending and investing, ...

Ask an Expert: Mortgage too high? Weigh these options (USA Today)

Q: I am the owner of one of these "subprime" mortgages everyone is so nervous about, and now I know why. I run a home-based business and care for my two school-aged daughters. ...

AIG Reassures Investors About Subprime Mortgage Loan Exposure (Insurance Journal)

Insurance giant American International Group last week told investors the housing market would have to spiral to Depression-era levels before it would be harmed by its exposure to the residential mort

Turning around distressed firms complex business (The News Journal)

"What you don't know will kill you" when it comes to investing in distressed companies, according to Joyce Johnson-Miller, senior managing director at The Relativity Fund, based in New York City.

How the gears jammed in the housing machine (International Herald Tribune)

The securities that financed the mortgage lending expansion were hard to understand, and some who owned them borrowed so much that a small drop in value put pressure on them to raise cash.

In Credit Crisis, Large Mortgages Grow Costly (New York Times)

Problems in the subprime mortgage market have spread, and the market for large mortgages has suddenly dried up.

Payday loan traps (Baltimore Sun)

Eileen Ambrose -- Personal Finance Aziza Gary grew increasingly uncomfortable.

Putting brokers out of commission (Orange County Register)

Entrepreneurs of new online home loan sites say their systems are better aligned with consumer interests.

PREVIEW-Australia's CBA profit to rise on booming fund business (Reuters via Yahoo! Asia News)

5. Make a great offer to get the prospect’s email address. In today’s overcrowded environment and with spam concerns, it’s not enough to just say “enter your email address for our newsletter.” Make a great offer including special reports, bonuses and the like in addition to the newsletter to get the maximum number of qualified signups.

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