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  1. Governor proposes plan to avert foreclosures (San Francisco Chronicle)
    Gov. Arnold Schwarzenegger proposed a new plan Wednesday to induce lenders to modify home loans to help struggling borrowers avoid foreclosure. The proposal must be approved by the Legislature, which the governor plans to call into special session to consider...
  2. Fitch Revises American Axle's Bank Loan and Unsecured Ratings; Places ... - Businesswire.com
    NEW YORK--( BUSINESS WIRE )--Fitch Ratings has placed American Axle's (Axle) 'B' Issuer Default Rating (IDR) on Rating Watch Negative, reflecting the uncertainty of General Motor's (GM) short-term operating and financial profile. GM's IDR of 'CCC ...
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