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    ECONOMIST: IT'S GOING TO GET WORSE Santa Rosa Press Democrat, CA - 1 hour ago But consumer reliance on credit and home equity for spending that sustained economic growth for more than a decade can't be counted on to pull the economy ...
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  • RBS Abandons 2008 Profit Forecast as Bad Loans Rise (Update1) (Bloomberg)
    www.bloomberg.com
    Nov. 4 (Bloomberg) -- Royal Bank of Scotland Group Plc , waiting to take up the U.K.'s biggest bank bailout, abandoned its full-year profit forecast as credit-market losses worsened and bad loans rose.