US Takes Over Freddie And Fannie

The US government has announced plans to take over troubled American mortgage lenders Fannie Mae and Freddie Mac.

Click here to read the rest of this article.

Add to: Add to Delicious del.cio.us, Add to Digg Digg, Add to Yahoo Yahoo!, Add to Google Google

Other articles in the Top stories section

CORRECTED - Chauffeur trew lover off... 43 minutes ago

(Corrects paragraph 2 to 13 yera case not 18 year case) ...more

Obama on track to name Clinton as top... 47 minutes ago

U.S. President-elect Barack Obama is on track to nominate his former rival, New York Democratic Sen. ...more

China quake zone suicides reflect huge... 2 hours ago

A Chinese official at the heart of the Sichuan earthquake zone has committed suicide, state media said on Friday, a setback for reconstruction work and a sign of the ongoing emotional toll from the disaster as winter sets in. ...more

France's Royal ahead in Socialist leadership... 3 hours ago

Former presidential candidate Segolene Royal came first in a ballot to lead France's Socialists but faces a run-off against rival Martine Aubry in the final stage of a bruising power struggle, results showed on Friday. ...more

Obama nears homeland security Cabinet... 3 hours ago

President-elect Barack Obama moved closer to assembling his Cabinet on Thursday with Arizona Gov. ...more

Major shippers skirt Gulf of Aden to... 3 hours ago

Rampant piracy off Somalia is forcing shipping companies to avoid the Suez Canal and send cargoes of oil and other goods on a longer journey around southern Africa, industry officials said on Thursday. ...more