Japan PM candidate Ozawa: may need more debt issue
TOKYO (Reuters) - Japanese ruling party powerbroker Ichiro Ozawa, who is challenging Prime Minister Naoto Kan, said on Wednesday the government may need to issue more debt to fund economic steps if conditions worsen. (full story...)

Japan's Ozawa: may need debt issue for econ steps
Reuters - Japanese powerbroker Ichiro Ozawa, who is challenging Prime Minister Naoto Kan in a September 14 ruling party leadership race, said on Wednesday it may be necessary to consider debt issuance for economic steps if the situation worsens. (full story...)

U.S. stocks drop - concern over Europe's debt
Stocks closed lower Tuesday after new worries about Europe's debt problems. Treasury prices rose and gold settled at a new high as investors sought out safe assets. European stocks fell after news reports that banks there may have more risky government debt ... Government ....(more) (full story...)

For-Profit Colleges Step Up Lobbying Against New Rules
An Education Department proposal would cut off federal financial aid to programs whose students take on too much debt for training that provides little likelihood of leading to a well-paying job. (full story...)

As Stadiums Vanish, Their Debt Lives On
The old Giants Stadium carries about $110 million in debt, or nearly $13 for every New Jersey resident. There are similar stories for taxpayers across the nation. (full story...)

Most Asian stocks down on European debt worries
AP - Most Asian stock markets slumped in early trading Wednesday, pressured by renewed concerns over the health of European banks following a report that the region's banks may have more risky government debt. (full story...)

As Teams Abandon Stadiums, the Public Is Left With the Bill
The old Giants Stadium, now a parking lot, still carries about $110 million in debt, or nearly $13 for every New Jersey resident. There are similar stories for taxpayers across the United States. (full story...)

Alabama's Jefferson County to get receiver: judge
BIRMINGHAM, Alabama (Reuters) - An Alabama judge said on Tuesday he would appoint a receiver to oversee the sewer system revenues of debt-ridden Jefferson County, in a setback for county authorities. (full story...)

Stocks fall as worries about European debt return
AP - Stocks closed lower Tuesday following new worries about Europe's debt problems. Treasury prices rose and gold settled at a new high as investors sought out safe assets. (full story...)

MetroPCS Wireless to raise $500M in debt sale
AP - Pre-paid wireless provider MetroPCS Wireless Inc. said Tuesday it is selling $500 million of senior notes due in 2018 and use the proceeds to buy back other debt in a move to trim its interest payments. (full story...)