PhillyDeals Archive: December, 2008

Gov't tightens credit card rules

Comment icon 0 Comments
Federal bank regulators said today they'll tighten rules for credit card issuers. For Citibank, Chase, Bank of America, and other banks that... Read more

Debt collector NCO's credit rating cut

Comment icon 0 Comments
Sign of the times: In a normal recession, banks slow down their loan-solicitation arms and shift workers over to loan collections, or hire... Read more

Madoff under house arrest; US Atty Gen Mukasey recuses self, cites Madoff ties

Comment icon 0 Comments
"Bernard Madoff, accused mastermind of a $50 billion investment fraud, was placed under house arrest" and will be "subject... Read more

Sidhu tried to buy Sovereign back from Santander: report

Comment icon 0 Comments
Bloomberg News reports unnamed sources say former Sovereign Bank ceo Jay S. Sidhu mounted a last-ditch effort to buy his old bank back from... Read more

New York wants to cut state, city pensions for future retirees

Comment icon 0 Comments
New York Gov. David Paterson and NYC Mayor Michael R. Bloomberg are "proposing to reduce benefits for newly hired state... Read more

Advanta halts plans for new HQ

Comment icon 0 Comments
Advanta Corp., the credit card company based in Spring House, has "suspended" plans for a 200,000-square-foot headquarters that... Read more

NY-AC weekend trains debut Feb. 6

Comment icon 0 Comments
Double-decker Atlantic City Express Service LLC trains are scheduled to start rushing gamblers between New York's Penn Station, Newark, and... Read more

Haverford College endowment falls $146M to $375M

Comment icon 0 Comments
Academic life isn't much of a shelter from this economic slowdown. PhillyDeals has previously reported plunging endowments at Harvard, Penn... Read more