Business Finance Links:
|
Business Finance WASHINGTON : The Treasury Department seized control of Fannie Mae and Freddie Mac, the giant quasi-public mortgage finance companies, Sunday and announced a four-part rescue plan that included an open-ended guarantee to provide as much capital as ... U.S. takes control of Fannie Mae and Freddie Mac - International Herald Tribune NEW YORK, Sept 7 (Reuters) - Standard & Poor's on Sunday cut the ratings on Fannie Mae and Freddie Mac preferred stock to junk status after dividends were eliminated in a takeover bu the U.S. government. S&P boosted its outlook on the housing finance ... S&P says cuts, withdraws risk-to-goverment ratings on Fannie Mae ... - Forbes WASHINGTON : The Treasury Department seized control of Fannie Mae and Freddie Mac, the giant quasi-public mortgage finance companies, Sunday and announced a four-part rescue plan that included an open-ended guarantee to provide as much capital as ... U.S. takes control of Fannie Mae and Freddie Mac - International Herald Tribune Treasury Secretary Henry Paulson, Jr., left, speaks during a news conference with Federal Housing Finance Agency Director James Lockhart, right, in Washington, Sunday, Sept. 7, 2008 on the bailout of mortgage giants Fannie Mae and Freddie Mac. (AP ... Officials announce takeover of mortgage giants - Washington Post The situation at Fannie Mae and Freddie Mac deteriorated to such an extent over the summer that the Treasury Department's authority to inject capital into them would not be not enough. A full takeover was the only solution. That was the conclusion ... |
|
