09/07/2008
Government takes over embattled Fannie, Freddie (Reuters via Yahoo! News)
The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae and Freddie Mac in an aggressive move to help the distressed U.S. housing market and economy.
MORE INFO
|
09/07/2008
Government takes control of embattled Fannie, Freddie (Reuters via Yahoo! News)
The U.S. government announced on Sunday that it was taking control of troubled mortgage finance giants Fannie Mae and Freddie Mac , effectively wiping out shareholders' interest in the publicly traded companies.
MORE INFO
|
09/07/2008
Israel's government puts off evacuation discussion (AP via Yahoo! News)
Israel's government on Sunday postponed discussion of landmark legislation that would pay Jewish settlers to leave their homes in the West Bank, but said it would take up the matter next week.
MORE INFO
|
09/07/2008
Israel's government discusses evacuation bill (AP via Yahoo! News)
Israel's government is holding its first discussion of legislation that would pay Jewish settlers to leave their homes in the West Bank even before a peace deal is signed with the Palestinians.
MORE INFO
|
09/07/2008
Rebels: Government assault in Darfur thwarted (AP via Yahoo! News)
A Darfur rebel group says it has successfully repelled a government assault in North Darfur, but the Sudanese government denies it carried out any operations in the area.
MORE INFO
|
09/07/2008
Fannie, Freddie taken over by government, executives replaced (Los Angeles Times)
The Bush administration, acting to avert the potential for major financial turmoil, announced Sunday that the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac.
MORE INFO
|
09/07/2008
South Korean government looks to rein in the Net (International Herald Tribune)
Buffeted by protests against U.S. beef imports, the South Korea government of President Lee Myung Bak wants to stop what it calls inaccurate information disseminated on the Internet from inciting social unrest.
MORE INFO
|
09/07/2008
Government plan for Fannie, Freddie to hit shareholders (Reuters via Yahoo! News)
The U.S. government plans to take over Fannie Mae and Freddie Mac and all shareholders of the two mortgage giants will take a hit, an influential lawmaker said on Saturday.
MORE INFO
|
09/07/2008
McCain backs government takeover of mortgage giants (AFP via Yahoo! News)
Republican presidential hopeful John McCain backed a government takeover of two mortgage giants Saturday while his Democratic rival warned that taxpayers should not bail out their shareholders.
MORE INFO
|
09/07/2008
Fannie, Freddie's boards meet Saturday to mull government plan (Reuters via Yahoo! News)
The boards of mortgage finance companies Fannie Mae and Freddie Mac were set to meet on Saturday to discuss a government plan to place the companies under federal control, sources said.
MORE INFO
|