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GM plans $1.5B secured loan (CNN Money) - Carmaker says pension, health care accounting changes would make similiar loan unlikely in '07.. Loan to Glamorgan Cricket Club challeneged (NewsWales) - A business team said today that a proposed six million pound loan to Glamorgan Cricket Club by Cardiff Council to develop a stadium at Sophia Gardens was imprudent and based on poor analysis.. Pac-West Enters Into Funding Arrangement With Columbia Ventures Corp. (SYS-CON Media) - Pac-West Telecomm, Inc. , a leading provider of next generation and traditional voice communications services, today announced the completion of a comprehensive restructuring of its financial obligations centered around an investment and refinancing provided by Columbia Ventures Corporation, a private investment company focused principally on the domestic and international telecommunications . BNP Paribas launches covered bonds program (Banking Business Review) - French banking group BNP Paribas has launched its E25 million covered bonds program, enabling the bank to raise funding secured on its portfolio of home loans.. Dura Creditors Protest $300M Loan (AP via Yahoo! Finance) - Hedge funds that own major pieces of Dura Automotive Systems Inc.'s debt say the parts maker's plan to finance its bankruptcy threatens to jeopardize their rights.. Dura Creditors Protest $300M Loan (KiplingerForecasts.com) - (AP) WILMINGTON, Del. Hedge funds that own major pieces of Dura Automotive Systems Inc.'s debt say the parts maker's plan to finance its bankruptcy threatens to jeopardize their rights.. BROOKINGS APPROVES WATER RATE HIKE (Curry Coastal Pilot) - It goes something like this: City water users will now pay more per month to offset a $4 million loan used to upgrade the water system, which will benefit the existing users.. Patriot Capital Funding Reports 2006 Third Quarter Results (Business Wire via Yahoo! Finance) - WESTPORT, Conn.----Patriot Capital Funding, Inc. , a specialty finance company providing flexible financing solutions to small- and mid-sized companies primarily in transactions initiated by private equity sponsors, today announced results for the third quarter ended September 30, 2006.. Mixing it with the unteachables (Daily Telegraph) - Chris Manze, 29, is not your typical social worker. Expelled from school, he briefly became a professional basketball player before turning his hand to managing construction projects and a psychology and neuroscience degree at Nottingham University.. Kiwanis celebrates 44 years on midway with fair (The Andalusia Star-News) - When the Covington County Fair was first organized, Kiwanis Club members were a bit skeptical of how successful the project would be. Now, 44 years later, there's no doubt the idea was a good one..