Saks Inc. said Tuesday it has extended the maturity date of its revolving credit facility, which has a borrowing capacity of $500 million, and changed certain terms of the loan.

Willis Lease Finance Corp., an aircraft engine leasing company, said Monday it has obtained a new $240 million revolving credit facility.

The foreclosure crisis likely will persist well into next year as high unemployment pushes more people out of homes, pulls down housing prices and raises concerns about the broader economic recovery.

Bon-Ton Stores Inc. said Wednesday it has agreed with lenders to take a $675 million 3.5-year senior secured asset-based credit facility to replace its existing $800 million revolving credit facility due to mature in March 2011.

Wells Fargo & Co. on Wednesday agreed to repay customers about $1.4 billion to settle a lawsuit and regulatory investigations alleging the company improperly marketed risky investments as safe.

America's first casino to open outside Nevada got permission Thursday to hand itself over to its lenders because it can't pay the mortgage.

NEW YORK (Reuters) - Wells Fargo Investments LLC has agreed to repay about $1.3 billion to clients whose funds were frozen in the auction-rate securities market in the latest of a series of settlements with state securities regulators.

The North American Securities Administrators Association says Wells Fargo has agreed to repurchase about $1.3 billion in soured auction-rate securities from clients.

Wells Fargo Investments LLC will repay about $1.3 billion to clients whose funds were frozen in the auction-rate securities market in the latest of a series of settlements with state securities regulators, an industry association said on Wednesday.

NEW YORK (Reuters) - Wells Fargo Investments LLC will repay about $1.3 billion to clients whose funds were frozen in the auction-rate securities market in the latest of a series of settlements with state securities regulators, an industry association said on Wednesday.

By Joan Gralla

Officials handling the multibillion dollar bailout of insurance giant American International Group Inc. mismanaged an initial rescue attempt and may have overpaid other banks to wind down AIG's business relationships, a government watchdog says.

The Federal Reserve is proposing to exempt some investors from a requirement that consumers receive notice within 30 days after their home loan is sold or transferred to a new mortgage company.

By Nicole Maestri and Lisa Baertlein

Green or sustainability is now such a broad and deep subject, so multi-dimensional, that even the most aware and informed have trouble keeping up. At the same time, some still don't get it, and in that way green is a bit fuzzy. There's nothing fuzzy about carbon, however. It's as old as the world as we know it and the core of our energy supply.