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  1. Birch Mountain shares plunge on creditor demands (The Globe and Mail)
    CALGARY — — Shares of Calgary-based Birch Mountain Resources Ltd. plunged 73 per cent Tuesday after the company announced its principal secured creditor, Tricap Partners LLC, has demanded repayment of its loans to the limestone and gravel development company, which operates in Alberta's oil sands region.
  2. (AFX UK Focus) 2008-11-14 19:10 White House reviewing FDIC mortgage plan (Interactive Investor)
    WASHINGTON, Nov 14 (Reuters) - The White House on Friday said it was carefully reviewing a plan by the Federal Deposit Insurance Corp to prevent foreclosures by sharing any losses with mortgage companies that agree to refinance certain home loans. "The FDIC has developed a proposal that the administration continues to review," White House spokesman Tony Fratto said. "As we review proposals we're ...


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