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Paulson Engineers U.S. Takeover of Fannie, Freddie (Update1) - Bloomberg
Sept. 7 (Bloomberg) -- The U.S. government will take control of Fannie Mae and Freddie Mac after the biggest surge in mortgage defaults in at least three decades threatened to bring down the companies making up almost half the U.S. home-loan market ...

Paulson Engineers U.S. Government Takeover of Fannie, Freddie - Bloomberg
Sept. 7 (Bloomberg) -- The U.S. government will take control of Fannie Mae and Freddie Mac after the biggest surge in mortgage defaults in at least three decades threatened to bring down the companies making up almost half the U.S. home-loan market ...

As rescue looms, questions raised - Boston Globe
Fannie Mae and Freddie Mac play a critical - and complex - role in the health of the nation's housing market. Here are answers to questions about their mission and the impact of the federal government's expected takeover of these companies. Q. What ...

Report: Accounting methods spark Fannie, Freddie action - Houston Chronicle
Treasury Secretary Henry Paulson decided to take control of Fannie Mae and Freddie Mac after a review found the beleaguered mortgage-finance companies used accounting methods that inflated their capital, according to people with knowledge of the ...

Editorial: High-risk behavior - Enterprise-Journal
The impending government takeover of two giant home loan providers probably rings the closing bell for the deregulation of the financial world. Sad to say, greater restrictions in this field appear to be necessary to avoid future downturns. Reports ...

Liveblogging John McCain's big night at the Republican convention - Guardian Unlimited
ST PAUL — And so here we are, on the last night of the conventions, watching Cindy McCain at the convention hall's podium, which has been redesigned to look like a town hall meeting , apparently, although it looks like a fashion show catwalk to me ...

Text of nominee John McCain’s speech - Atlanta Journal Constitution
Thank you all very much. Tonight, I have a privilege given few Americans — the privilege of accepting our party’s nomination for president of the United States. And I accept it with gratitude, humility and confidence. In my life, no success has ...

REAL ESTATE - News-Democrat
• 1917 Promenade Lane; from American Heritage Homes; to Chase Alexander Mercer; $162,000. • 802 Union Ave.; from Patricia A. Houglan; to Larry Houghlan and Pamela Houghlan; $90,000. • 600 S. High St.; from Michael B. McKenzie and Jean M ...

'Change is coming,' McCain pledges - Globe and Mail
What's up with the un-human-like gap between Harper's eyes? from Calgary, Canada writes: . I wonder if he'll bring up the fact that he got shot down on his first mission and sat out the rest of the war for 5 years as a POW. Many people do not know ...

GOP Mocks Public Service - Huffingtonpost.com
For the first time in American history, a major political party devoted a substantial portion of its national convention to attacking grassroots organizing. Speaking Wednesday at the Republican National Convention, former New York Governor George ...

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