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September 6, 2008: (Saturday): Next Step for Mortgage Rescue; Zardari Wins in Pakistan

Posted by admin 184 days ago (http://www.smartmoney.com)

Fannie, Freddie Said to Agree to U.S. RescueAn official U.S. rescue of Fannie Mae and Freddie Mac moved a step closer as the mortgage giants agreed to government control, the New York Times reports. The plan would have the Treasury Department purchase billions in mortgage securities from the companies and provide quarterly capital infusions. (For more on this news, click here.)Bhutto Widower Wins Read More »

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