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SEC to Limit Short Selling of Financial Firms

Wed, 16 Jul 2008 02:37:34 GMT

The SEC issued an emergency rule to limit certain types of short selling of major financial firms, including Fannie Mae and Freddie Mac.

How to Protect Yourself if Your Bank Goes Under

Ken Sweet — Mon, 14 Jul 2008 18:26:52 GMT

With the news that Federal regulators seized the failed California bank IndyMac over the weekend, marking the third-largest bank collapse in U.S. history, financial planners said now is the time to determine if your deposits are insured against a bank failure.

Fannie, Freddie Deny Liquidity Problems

Fri, 11 Jul 2008 19:30:43 GMT

Aiming to fight off market fears of insolvency, Fannie Mae and Freddie Mac issued statements late Friday insisting they have adequate capital.

A Nation Without Fannie or Freddie? What Would Happen

Ken Sweet — Fri, 11 Jul 2008 18:31:38 GMT

The damage to the U.S. economy if government sponsored mortgage companies Fannie Mae and Freddie Mac collapsed would be devastating, Wall Street economists and financial analysts agreed on Friday.

NYTimes: Government Considering Takeover of Freddie, Fannie

Ken Sweet — Fri, 11 Jul 2008 12:53:19 GMT

Shares of Fannie Mae and Freddie Mac were poised to plunge on Friday after The New York Times reported that the U.S. government is considering taking control of the two mortgage companies.

Senate Approves Surveillance Bill

Wed, 09 Jul 2008 21:56:09 GMT

Bowing to President Bush's demands, the Senate sent the White House a bill Wednesday overhauling bitterly disputed rules on secret government eavesdropping and shielding telecommunications companies from lawsuits complaining they helped the U.S. spy on Americans.

McCain Says Supports Fed Move to Extend Lending

Wed, 09 Jul 2008 00:50:54 GMT

Presidential candidate John McCain said he supports Federal Reserve Chairman Ben Bernanke's move to extend lending for big Wall Street firms.

The Oil Game: Who Should You Trust?

Neil Cavuto, Anchor & Managing Editor — Wed, 18 Jun 2008 18:40:28 GMT

I don't care what you think about oil companies...But do you have that much more faith in government?

Boeing Wins Tanker Contract Protest

Wed, 18 Jun 2008 17:43:47 GMT

Boeing has won its protest of the U.S. Air Force’s $35 billion tanker contract, Congressional sources exclusively told FOX Business.

Spending Our Money on Their Quicker Commute

David Asman — Wed, 18 Jun 2008 17:18:08 GMT

Taxpayers around the country are going to have to pony up $30 billion so that lobbyists can cut 45 minutes off a trip for which there are already plenty of alternatives... It's an earmark for rich lobbyists. And that’s perverse.