Gold Seeker Closing Report: Gold and Silver End Barely Lower After Earlier Gains (GoldSeek.com)

“I think it’s a dicey strategy,” says Cathleen Cooper Moran, a bankruptcy lawyer in Mountain View, California. “If it’s part of the plan to go bankrupt, I think that’s fraudulent.” The creditor could petition to file a non-dischargeability action—a way to ask the judge not to erase the loan.

Gold Seeker Closing Report: Gold and Silver End Barely Lower After Earlier Gains (GoldSeek.com)

Calm once again returned to the markets today, but as seen last week another piece of news referencing problems in the credit markets could surface at any time and set off another financial storm.

With lenders tightening standards, credit reports need to be clean (Reno Gazette-Journal)

Living in ignorance of your credit score can lead to disappointment when it comes time to apply for a home loan.

London Gold Market Report (GoldSeek.com)

Free source for precious metals information and financial truth. Offering a range of information such as latest news from around the world, commentary, market updates, stock reports, coin information, quotes, forums plus much more!

BOND REPORT: Short-term Treasury Bills Rally, Putting Fed To The Test (Nasdaq)

A rally in short Treasury bills Monday, which sent their yields sharply lower, raised questions about the effectiveness of the Federal Reserve's move to boost liquidity by cutting its discount rate on Friday.

Dave Van Knapp On Sub-Prime Risk and Reward (Seeking Alpha via Yahoo! Finance)

Jason Kelly submits: Frequent contributor Dave Van Knapp of Sensible Stock Investing sent to me over the weekend an excellent report on the current situation. I read it with the intent to excerpt, but decided instead to provide it to you in its entirety, as it contains nothing irrelevant and is consistent with the view [... ]

Excellus Hosts Insurance Screening (R News)

Uninsured families can get some free advice on ways to get covered. Excellus Blue Cross Blue Shield offers a number of eligibility screenings as part of the national "Covering Kids and Families" back to school campaign.

Labor kicks off anti-nuke campaign (The Australian)

LABOR has begun a seat-by-seat campaign to warn voters of the potential for the Howard Government to "impose" nuclear reactors on their communities.

Wheeling-Pittsburgh Corporation Reaches Agreement in Principle on the Refinancing of Its Existing Credit Facilities (PR Newswire via Yahoo! Finance)

Wheeling-Pittsburgh Corporation , the holding company of Wheeling-Pittsburgh Steel Corporation, confirmed today that it has reached an agreement in principle with its lead banks on the terms of a $350 million revolving credit facility to replace its current $225 million facility, and a new $135 million term loan to replace its existing government guaranteed term loan.

Subprime on the Rhine (CNN Money)

In the highflying world of European finance, DÃ¼sseldorf-based IKB Deutsche Industriebank was hardly in the big leagues. For decades the tiny commercial bank, the 27th largest in Germany, had focused on the equivalent of sauerkraut rather than Sacher torte: loans to small and midsized German companies such as machine tool makers and at least one drainage-technology client.

KEB saga offers a warning to suitors (FT.com via Yahoo! News)

Should HSBC require a cautionary tale in terms of doing business in Korea, the UK bank could do worse than look at the furore surrounding its latest target, Korea Exchange Bank.