Care Investment Trust Inc. , a real estate investment and finance company investing in healthcare-related real estate and commercial mortgage debt, today reported financial results for the third quarter ended September 30, 2008.

Aug. 8 (Bloomberg) -- Fannie Mae , the largest U.S. mortgage- finance company, will stop buying or guaranteeing Alt-A mortgages because of surging losses from home loans to borrowers without proof of their finances.

Wooed by bankers with offers of large investment returns, school boards in Wisconsin and the New York transit authority are among the many players in a financial fiasco that has ricocheted globally.

Executives from General Motors and the Ford Motor Company pressed their case on Tuesday for $25 billion in federal loans in a series of high-level meetings with lawmakers in Washington.

Oct. 22 (Bloomberg) -- Citic Pacific Ltd. Chairman Larry Yung is depending on support from Beijing to help keep his company afloat after HK$15.5 billion ($2 billion) of currency losses triggered a record stock plunge and possible asset sales.