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- Peer Lending Spreads In Tight Credit Market (NPR)
Borrowers hurt by the credit squeeze and investors looking to boost their returns are turning to the same place: peer-to-peer lending. The loans can be quicker than going through a bank — and offer rates of return that can beat government bonds. www.npr.org
- Jenkins Says Canada Bank May Cut Interest Rate Again (Update1) (Bloomberg)
Nov. 12 (Bloomberg) -- Bank of Canada Senior Deputy Governor Paul Jenkins said policy makers will probably cut interest rates again amid ``major shocks'' including a global credit crisis, faltering economic growth and lower prices for commodity exports. www.bloomberg.com
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