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  1. Card Breaches Shake Faith in E-payments - PC World
    www.pcworld.com
    Card Breaches Shake Faith in E-payments PC World - 1 hour ago Credit card companies and banks "don't want to alarm people because they think it might be bad for business," said Paul Stephens, director of policy and ...
  2. Earnings reports down for area banks; some seek relief from feds (The Business Press)
    www.thebizpress.com
    Premier Service Bank, headquartered in Riverside, reported a net loss of $33,000 for its third quarter ending Sept. 30. A news release said the company had net earnings of $158,000 in the same quarter of 2007. Bank officials attributed the decline to increased provisions for loan losses, totaling $873,000 in 2008 compared with $87,000 at the same point of 2007.
  3. Credit-Card Debt May Be Next Problem (NPR)
    www.npr.org
    Some economists are concerned that the next hit to the economy may come from credit card defaults. USA Today economic reporter Kathy Chu talks about parallels between the housing bubble and the market for credit card debt.
  4. Fitch Upgrades Vista, California CDC Tax Allocation Bonds to 'A-'; Outlook Stable (Business Wire via Yahoo! Finance)
    biz.yahoo.com
    AUSTIN, Texas----Fitch Ratings has upgraded the rating on the Vista, California Community Development Commission tax allocation bonds to 'A-' from 'BBB+'. This action applies to the $27.1 million outstanding series 1995, 1998 and 2001 bonds that Fitch presently rates.
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