Bankruptcy of Spokane Mortgage Financial Firm to Affect Area Investors - 2004-02-11
Approximately 300 to 400 Portland-area investors stand to lose tens of thousands of dollars, at least, in the bankruptcy of Spokane-based Metropolitan Mortgage & Securities Co. Inc.

The spectacular meltdown of the 51-year-old Spokane financial conglomerate is making waves across the Northwest.
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GM appoints new president for its profitable finance arm - 2004-02-11
General Motors Corp. on Wednesday appointed William F. Muir to manage its General Motors Acceptance Corp. financial arm, which contributed significantly last year to the bottom line at the world's largest automaker.

GMAC earned $630 million in the fourth quarter - a record for the period. For the year, GMAC reported income of $2.8 billion, up from $1.9 billion in 2002. Income from mortgage operations more than doubled.
Read the full story at Miami Herald