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Fannie Mae Takeover

Obama Admin Too Busy To Deal With Fannie, Freddie, Says Assistant Treasury Secretary

washingtonpost.com | Zachary A. Goldfarb | Posted 05.25.2011 | Business

The Washington Post reports that according to Michael Barr, the assistant Treasury secretary for financial institutions, the Treasury Department has b...

Fannie Mae, Freddie Mac Hearing: Testimony, Video

Huffington Post | Posted 05.25.2011 | Business

UPDATE 12/09 at 3:21PM: HuffPost's Marcus Baram reports: Former Fannie Mae CEO Franklin Raines blamed regulators and lawmakers for encouraging the m...

Herbert Allison, Former McCain Finance Officer, Tapped To Head Fannie Mae

New York Times | Jenny Anderson | Posted 05.25.2011 | Business

Herbert M. Allison Jr., who was named chief executive of Fannie Mae on Sunday, brings to the job nearly three decades of experience on Wall Street, as...

Wall Street ends lower on concerns over Lehman

AP | BY TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Stocks tumbled Tuesday, nearly erasing the previous session's big gains, after fresh concerns about the stability of Lehman Brothers ...

Stocks rally on plan for mortgage giants

AP | TIM PARADIS | Posted 05.25.2011 | Business

NEW YORK — Stocks rallied Monday as investors placed bets that a recovery in the financial and housing sectors is more likely to occur following...

Government Takes Over Fannie Mae, Freddie Mac

AP | MARTIN CRUTSINGER and ALAN ZIBEL | Posted 05.25.2011 | Business

WASHINGTON — The Bush administration's seizure of troubled mortgage giants Fannie Mae and Freddie Mac is potentially a $200 billion bet that it ...