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Auto industry to press Congress for $50B in loans (Honolulu Advertiser) WASHINGTON ? Auto industry allies hope to secure up to $50 billion in government loans this month that would pay to modernize plants and help struggling carmakers build more fuel-efficient vehicles. Bad loans bite Exchange Bank (The Santa Rosa Press Democrat) The Santa Rosa bank has more bad loans than any other local financial institution, the result of a risky bet on builders in the Sacramento region near the peak of the housing boom. Russia loans $250 mn for Gorshkov work (IANS via Yahoo! India News) New Delhi, Sep 8 (IANS) The Russian government has loaned $250 million to the Sevmash shipyard to ensure that rebuilding work on aircraft carrier Gorshkov - to be operational as INS Vikramaditya under the Indian Navy - continues without any interruption. Budget crisis leaves businesses in debt (KABC-TV Los Angeles) The state budget crisis reaches its 67th day and leaves businesses in debt. Russia loans USD 250 mn for Gorshkov work (New Kerala) By Gulshan Luthra, New Delhi, Sep 8 : The Russian government has loaned USD 250 million to the Sevmash shipyard to ensure that rebuilding work on aircraft carrier Gorshkov - to be operational as INS Vikramaditya under the Indian Navy - continues without any interruption.