Credit Services
CapitalSource sets quarterly 1-cent dividend (AP)
Commercial lender CapitalSource Inc. said Friday it will pay a quarterly dividend of 1 cent per common share. The dividend is payable Sept. 30 to shareowners of record on Sept. 14.
[video] Ratings Ruling (at CNBC)
Ratings Agencies Lose Free Speech Immunity (at Seeking Alpha)
Still More on Unemployment (Zacks.com)
Still More on Unemployment (Zacks.com)
So how should we look at today’s jobs report — as good news or as bad news?
Peek gets more time at CIT (at FT.com)
CIT Groupon Friday revealed it had extended by another year its employment contract with Jeffrey Peek, the company’s embattled chief executive, as the struggling US small business lender fights to avoid bankruptcy.
Feds, FIS shareholders OK Metavante deal (at bizjournals.com)
[$$] CIT Adds a Year to Peek’s Contract (at The Wall Street Journal Online)
A Record $500 Million Reached in Free College Savings Through Upromise by Sallie Mae (Business Wire)
A Record $500 Million Reached in Free College Savings Through Upromise by Sallie Mae (Business Wire)
NEWTON, Mass.—-Simply by spending smart, members of Upromise, Sallie Maeâ??s saving for college program, have earned a record $500 million in college savings. Upromise helps its members take control of rising college costs with the ability to earn money through eligible everyday purchases with Upromise partners.
[$$] Judge Limits Credit Firms’ 1st-Amendment Defense (at The Wall Street Journal Online)
CapitalSource Declares Third Quarter 2009 Dividend (PR Newswire)
CapitalSource Inc. today announced a quarterly cash dividend of $0.01 per share on its common stock for the third quarter 2009.