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  1. Home Equity Income Trust cuts monthly distributions by a third to six cents a unit (Whistler Question)
    TORONTO - Home Equity Income Trust (TSX:HEQ.UN, a company with a portfolio of reverse mortgages originated by Canadian Home Income Plan, says it is cutting its distributions by a third to save cash in the wake of uncertain financial markets.
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    DETROIT — House Speaker Nancy Pelosi will sit down Thursday with the leaders of Detroit's automakers and their workers as the industry seeks federal funding needed to survive a dramatic downturn. Two people familiar with plans for the meeting said the top executives of General Motors Corp., Ford Motor Co. and Chrysler LLC, along with the union's president, will meet with Pelosi to talk about ...

 
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