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Fannie, Freddie's boards meet Saturday to mull government plan (Reuters)

06-09-2008 19:14

The corporate logo for Freddie Mac is seen at its headquarters building in McLean, Virginia, July 23, 2008. (Larry Downing/Reuters)Reuters - The boards of mortgage finance companies Fannie Mae and Freddie Mac were set to meet on Saturday to discuss a government plan to place the companies under federal control, sources said.

Treasury plan won't help Fannie, Freddie shareholders: Frank (Reuters)

06-09-2008 17:49

Reuters - Fannie Mae and Freddie Mac shareholders, including preferred stockholders, will not fair well under a proposed U.S. Treasury takeover of the two housing finance companies, House Financial Services Committee Chairman Barney Frank told Reuters on Saturday.

Boeing machinists walk off the job as talks fail (Reuters)

06-09-2008 17:37

Boeing machinist Rebekah LovellFord pickets in front of the company's Renton, Washington plant September 6, 2008. (Robert Sorbo/Reuters)Reuters - Boeing Co's 27,000-strong machinists' union walked off the job on Saturday after the plane maker failed to improve its contract offer following two days of emergency talks.

Alitalia adviser to meet BA on rescue plan: report (Reuters)

06-09-2008 11:44

A British Airways aircraft taxis past BA tail-fins at Heathrow Airport, west London, July 29, 2008. (Toby Melville/Reuters)Reuters - Alitalia's (AZPIa.MI) adviser will soon present its rescue plan for the airline to British Airways , considered by Italy as a possible foreign partner for the bankrupt airline, an executive told a newspaper.

Boeing machinists strike (Reuters)

06-09-2008 07:25

International Association of Machinists (IAM) national aerospace coordinator Mark Blondin speaks to machinists at machinists union headquarters in Seattle, Washington September 3, 2008. (Robert Sorbo/Reuters)Reuters - Boeing Co's 27,000-strong machinists' union walked off the job on Saturday after the plane maker failed to improve its contract offer after two days of emergency talks.

DSG sought bid from Media Markt, but rebuffed: report (Reuters)

06-09-2008 05:32

Reuters - Germany's Media Markt, Europe's biggest electrical goods retailer, has rejected a request from DSG International Plc to consider a bid for its closest rival, the Financial Times said on its Web site.

Boeing machinists strike as talks fail (Reuters)

06-09-2008 03:31

International Association of Machinists (IAM) national aerospace coordinator Mark Blondin speaks to machinists at machinists union headquarters in Seattle, Washington September 3, 2008. (Robert Sorbo/Reuters)Reuters - Boeing Co's 27,000-strong machinists' union walked off the job on Saturday after the plane maker failed to improve its contract offer after two days of emergency talks.

U.S. to take control of Fannie and Freddie: reports (Reuters)

06-09-2008 01:04

A combination image showing (clockwise from top L) Treasury Secretary Henry Paulson, Senator Harry Reid, Senator Christopher Dodd and Representative Barney Frank. (Shannon Stapleton - Top L/Joshua Roberts - Top R/Carlos Barria - bottom R/Jonathan Ernst - bottom L/Reuters)Reuters - The U.S. government plans to put government sponsored mortgage finance companies Fannie Mae and Freddie Mac under federal control, the New York Times and Washington Post newspapers reported late Friday, in what could be the largest financial bailout in the nation's history.

Citi could sell Primerica, Texas business: Ladenburg's Bove (Reuters)

05-09-2008 23:39

Reuters - Citigroup could sell its Primerica financial services unit and its First American banking subsidiary in Texas as the bank continues to restructure its business, Ladenburg Thalmann analyst Richard Bove said in a research note.

U.S. to take control of mortgage giants: reports (Reuters)

05-09-2008 23:19

A combination image showing (clockwise from top L) Treasury Secretary Henry Paulson, Senator Harry Reid, Senator Christopher Dodd and Representative Barney Frank. (Shannon Stapleton - Top L/Joshua Roberts - Top R/Carlos Barria - bottom R/Jonathan Ernst - bottom L/Reuters)Reuters - The U.S. government plans to put troubled mortgage finance companies Fannie Mae and Freddie Mac under federal control, the New York Times and Washington Post newspapers reported on Friday.

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