Pennsylvania Bad Credit Mortgage

Is Natwar Singh being made the fall guy?

RS Pathak. We have said it (the report) is half truth and half cover-up and Natwar Singh has been made the fall guy. The Congress party has been exonerated and it has been a command performance, where the government of India was used to exonerate the Congress party."

Amar Singh is a politician who never seems to miss a beat, when keeping himself in the news, no matter what the issue, has done the same again. He's taken up cudgels on behalf of Natwar Singh, so he can embarass his favourite target Sonia Gandhi and the Congress Party. General Secretary, Samajwadi party, Shahid Siddiqui says, that he cannot speak for Amar Singh but he can speak on behalf of his party. He says the party maintains the stand that "this is a political move and a cover-up from day one, to save the skin of the Congress President.

Wachovia's Net Rises on Acquisitions, Investment Bank (Update3)

July 20 (Bloomberg) -- Wachovia Corp., the bank that's making this year's biggest financial-services acquisition, said second-quarter earnings rose 14 percent as earlier purchases boosted lending profit and investment-banking fees surged.

Net income climbed to $1.89 billion, or $1.17 a share, from $1.65 billion, or $1.04, a year earlier, the Charlotte, North Carolina-based bank said today in a statement. Revenue rose 14 percent to $7.26 billion, boosted by the additions of Westcorp and AmNet Mortgage Inc.

Chief Executive Officer Kennedy Thompson, who in May announced a $26 billion deal for California's Golden West Financial Corp., used Westcorp and AmNet to expand into auto financing and mortgages for riskier borrowers, both of which pay higher interest rates than more traditional loans.

DOLAR FALLS ON NEWS OF JULY JOBS REPORT

``This number supports the notion of a Fed pause and the dollar is losing interest rate support,'' said Richard Franulovich, a senior currency strategist at Westpac Banking Corp. in New York. ``The dollar's clearly in a world of hurt.'' -bloomberg

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