Saturday, July 12, 2008

Attackers of US Consulate in Turkey shared a bleak background - Los Angeles Times


Turkey Holding 10 in Consulate Attack
New York Times, United States - 14 hours ago
By SEBNEM ARSU ISTANBUL — Turkish police have now detained 10 suspects in the armed attack on the United States Consulate on Wednesday that killed six ...

Report: Alleged driver in US consulate attack in Istanbul denies ...
San Diego Union Tribune, United States - 14 hours ago
By Suzan Fraser AP ISTANBUL, Turkey – Istanbul's governor said 10 people were being interrogated Friday in connection with an attack on the US consulate – a ...

Turkey catches suspect in US consulate attack
Taipei Times, Taiwan - 15 hours ago
Police in Turkey have concluded a massive manhunt by catching a fugitive gunman suspected of taking part in the attack on the US consulate in Istanbul, ...

Suspect in Turkish attack says he was only a driver
The Associated Press - 16 hours ago
ISTANBUL, Turkey (AP) — A man suspected of driving the getaway car in the US consulate attack says he was simply hired as a driver and had no idea that his ...

Governor: Attack on US consulate in Turkey considered suicide attack
Xinhua, China - 18 hours ago
ANKARA, July 11 (Xinhua) -- Istanbul Governor Muammer Guler said on Friday that Wednesday's attack on the US Consulate General in the Turkish city of ...

Gunmen Linked To Al Qaeda
Sky News, UK - 22 hours ago
Use the drop down menu below to filter stories and videos the way you want - when you want it! One of three gunmen who attacked the US consulate in Istanbul ...

Turkey detains suspected driver in gun attack on US consulate
Hürriyet, Turkey - Jul 11, 2008
Turkish police detained late on Thursday the suspected driver of the car used in the attack on the US Consulate in Istanbul this week, in which six people ...

Turkey. Police detain four for consulate attack
Ottawa Citizen,  Canada - Jul 11, 2008
Turkish Interior Minister Besir Atalay said yesterday that four people had been detained in connection with a deadly attack at the United States consulate ...

Four Detained After Deadly Istanbul Attack
New York Times, United States - Jul 10, 2008
By SEBNEM ARSU ISTANBUL — The Turkish police said Thursday they had detained four people in connection with an investigation into a shooting at the United ...

UN council condemns attack at US consulate in Turkey
Jerusalem Post, Israel - Jul 10, 2008
By AP The UN Security Council has unanimously condemned the attack on the US consulate in Istanbul, Turkey that left three policemen and three assailants ...

Turkey detains suspected driver in gun attack: reports
National Post, Canada - Jul 10, 2008
ISTANBUL (Reuters) - Turkish police on Thursday detained the suspected driver of the car used in an attack on the US consulate in Istanbul this week, ...

Al-Qaeda link to US mission attack?
Hindu, India - Jul 10, 2008
ISTANBUL: Four suspects were detained on Thursday in connection with the attack on the US consulate in Istanbul, and police and Turkey’s intelligence agency ...

UN Security Council condemns attack on US consulate in Turkey
Xinhua, China - Jul 10, 2008
UNITED NATIONS, July 10 (Xinhua) -- The UN Security Council strongly condemned on Thursday the deadly attack on Turkish police protecting the US consulate ...

Turkey catches suspect in US consulate attack
San Diego Union Tribune, United States - Jul 10, 2008
By Suzan Fraser and Selcan Hacaoglu AP ISTANBUL, Turkey – A news agency says police have caught a fugitive gunman wanted in connection with the attack on ...

Turkey catches suspect in US consulate attack
The Associated Press - Jul 10, 2008
ISTANBUL, Turkey (AP) — A news agency says police have caught a fugitive gunman wanted in connection with the attack on the US consulate in Istanbul, ...

Four arrested for Istanbul consulate assault
Radio Netherlands, Netherlands - Jul 10, 2008
Turkish police have arrested four people suspected of taking part in the recent attack on the US consulate in Istanbul. Although nobody has claimed ...

Turkey detains four after attack, tightens security
National Post, Canada - Jul 10, 2008
ISTANBUL (Reuters) - Police detained four suspects and patrolled the high-walled perimeter of the US consulate in Istanbul on Thursday after 3 policemen and ...

Turkish police detain four after US consulate attack: agency
AFP - Jul 10, 2008
ISTANBUL (AFP) — Turkish Interior Minister Besir Atalay said Thursday that four people had been detained in connection with a deadly attack at the US ...

Turkey: 4 held over US consulate attack
CNN - Jul 10, 2008
ISTANBUL, Turkey (CNN) -- Turkish police have detained four people in connection with Wednesday's "terrorist" attack outside the US consulate in Istanbul, ...

Al Qaeda-PKK cooperation lies behind Istanbul consulate attack?
Hürriyet, Turkey - Jul 10, 2008
Turkish security officials have been investigating whether a cooperation of PKK and al Qaeda lays behind the attack outside the US Consulate in Istanbul. ...

Turkish news agency says 4 people detained in US Consulate attack ...
The Canadian Press,  Turkey - Jul 10, 2008
ISTANBUL, Turkey — A Turkish news agency says a number of suspects have been detained in connection with the attack on the US consulate in Istanbul. ...

Fannie Mae Ugly - Wall Street Journal


Critic of the Firms Sadly Says 'Told You'
Wall Street Journal - 1 hour ago
By JOHN D. MCKINNON In the early 1980s, he was a top official in the Reagan Treasury Department. And Fannie Mae, at least by some measures, was insolvent, ...

Value Hunting's Sharpshooters Hurt As Financial Stocks Hurt Mutual ...
Wall Street Journal - 1 hour ago
By GREGORY ZUCKERMAN and DIYA GULLAPALLI As financial stocks such as Fannie Mae and Freddie Mac continue to struggle, there is plenty of pain to go around. ...

Worries batter mortgage giants
Baltimore Sun, United States - 1 hour ago
By Jamie Smith Hopkins | Sun reporter The speculation swirling around mortgage giants Fannie Mae and Freddie Mac - whether they're in danger, ...

Big losses threaten mortgage giants
Seattle Times, United States - 2 hours ago
The Republican administration and Democratic-run Congress now are facing the possibility that once-stable mortgage giants Fannie Mae and Freddie Mac could ...

Good timing: Feds avoid Fannie-style mortgage freefall
Globe and Mail, Canada - 2 hours ago
Jim Flaherty can rightly roll out a new slogan - friend of the Canadian home buyer. Go ahead, protest. The words might not ring true after Minister ...

Administration seeks to calm fears over Fannie Mae, Freddie Mac
Los Angeles Times, CA - 2 hours ago
WASHINGTON -- The Bush administration scrambled Friday to calm speculation that the government would be forced by the housing crisis to take over Fannie Mae ...

Utah mortgage companies say don't panic over Fannie Mae-Freddie ...
Salt Lake Tribune, United States - 3 hours ago
Posted: 10:12 PM- As the shares of Fannie Mae and Freddie Mac tumbled Friday, the Bush administration scrambled to calm speculation that the government ...

Time to Let Fannie and Freddie Wither?
BusinessWeek - 3 hours ago
In good times, they were superfluous. Now they're only as good as their US guarantee by Peter Coy Are Fannie Mae (FNM) and Freddie Mac (FRE) really too big ...

US stocks fall on Fannie and Freddie fears
NDTV.com, India - 4 hours ago
Major US stock indices dropped on Friday on continuing concern that mortgage giants Fannie Mae and Freddie Mac were threatened with possible collapse. ...

ON YOUR STREET: Intervention by feds may have huge impact on ...
San Francisco Chronicle,  USA - 4 hours ago
The worsening plight of Fannie Mae and Freddie Mac set off alarm bells this week, as the ailing government-sponsored enterprises threaten to drag down the ...

Key US mortgage lender goes bust
BBC News, UK - 5 hours ago
One of the largest US mortgage lenders, the California-based IndyMac Bank, has collapsed amid a growing credit crisis. Federal regulators seized the bank's ...

Uncertainty surrounds Fannie Mae and Freddie Mac
Kansas City Star, MO - 5 hours ago
By MARK DAVIS Fading confidence in two cornerstones of the nation’s mortgage market could trigger federal intervention, perhaps as early as this weekend. ...

How Fallout Could Affect Main Street
New York Times, United States - 6 hours ago
By RON LIEBER The stock market swoon over Fannie Mae and Freddie Mac this week has left many consumers scratching their heads, wondering if buying a home is ...

Fannie and Freddie are feeling unwell
Financial Times, UK - 6 hours ago
With the price of a barrel of oil exceeding $146 and stock markets reeling, the global economic turmoil has worsened this week. Yet most remarkable of all ...

Paulson stands by Fannie and Freddie as shares slide further
Financial Times, UK - 7 hours ago
The Bush administration yesterday attempted to quash suggestions that the US government might have to nationalise Fannie Mae and Freddie Mac, ...

Midnight hour for Fannie and Freddie
CNN - 7 hours ago
There is no shortage of chatter about a possible bailout of two of the most important companies in the world. What would that look like and is it even ...

Fannie and Freddie fears, oil over $147 hit Wall St
Reuters - 8 hours ago
By Kristina Cooke NEW YORK (Reuters) - US stocks tumbled on Friday as fears about the stability of the top two home financing providers, Fannie Mae and ...

Markets plunge in fresh US housing crisis
guardian.co.uk, UK - 8 hours ago
Crude oil traders work on the floor of the New York Mercantile Exchange. Photograph: Justin Lane/ EPA A deepening housing crisis in the US, escalating oil ...

Real Estate/Media Experts Available to Discuss Media's Attempts to ...
FOXBusiness - 8 hours ago
SALT LAKE CITY, July 11, 2008 /PRNewswire via COMTEX/ ----The likelihood that today's media reports on Freddie Mac & Fannie Mae could become a ...

US Senate passes mammoth housing rescue bill
AFP - 8 hours ago
WASHINGTON (AFP) — The US Senate on Friday passed a mammoth housing rescue bill aimed at helping thousands of Americans to keep their homes, ...

Fannie, Freddie Worries Drive Down Markets
Washington Post, United States - 8 hours ago
By Renae Merle A volatile week on Wall Street ended yesterday with US stocks bouncing between negative and positive territory on concerns about the ...

Iran's strategy paying off - GulfNews


Israel, Iran nuclear war endangers us all
Standard, Kenya - 12 hours ago
The world is on a hair-trigger alert. If the trigger were pulled, it would most likely be by Israel’s finger, and the target President Mahmoud Ahmadinejad’s ...

Iran: From revolution to confrontation timeline
Telegraph.co.uk, United Kingdom - Jul 10, 2008
As Iran fired more missiles in a second day of military exercises, here is a timeline of the country causing increasing tension over its nuclear ambitions. ...

Leading article: Do not play into the hands of the hardliners
Independent, UK - Jul 9, 2008
The drumbeat for a new military confrontation in the Middle East is growing more insistent. Iranian state television yesterday screened images of the ...

Iran ready to talk with US candidates
Tehran Times, Iran - Jul 9, 2008
TEHRAN (IRNA) -- President Mahmud Ahmadinejad said that since Iran favors dialogue, it is ready to hold talks with the US presidential candidates before ...

Iran's president blames US, Europe for oil crisis
Forbes, NY - Jul 9, 2008
By VIJAY JOSHI 07.09.08, 12:59 PM ET Iran's president again took aim at the West, blaming the US and Europe for "artificially" raising oil prices and ...

Iran, third major investor in Malaysian industry: envoy
Tehran Times, Iran - Jul 9, 2008
KUALA LUMPUR (IRNA) -- Iran’s Ambassador to Malaysia said Monday evening that Iran is the third major country that has made investment in Malaysia’s ...

Iran blames West for 'artificially' raising oil prices, says war ...
International Herald Tribune, France - Jul 8, 2008
AP KUALA LUMPUR, Malaysia: Iran's president has blamed the West for "artificially" raising crude oil prices, and dismissed fears that Israel and the US ...

Iran’s leader sees no war with Israel or the US
Kansas City Star, MO - Jul 8, 2008
By VIJAY JOSHI AP KUALA LUMPUR, Malaysia | Iranian President Mahmoud Ahmadinejad said Tuesday that he saw no possibility of a war between his country and ...

A Focused Message For Iran
Voice of America - Jul 8, 2008
US President George Bush says it is important for the United States to work with other nations to send a “focused message” to Iran over its nuclear program: ...

Iran's President Dismisses Threat of War With US, Israel
Wall Street Journal - Jul 8, 2008
AP KUALA LUMPUR, Malaysia -- Iran's president said Tuesday that he does not see the possibility of a war with the US or Israel, dismissing military threats ...

Ahmadinejad Says `There Won't Be War,' Pledges Peace (Update2)
Bloomberg - Jul 8, 2008
By Shamim Adam and Soraya Permatasari July 8 (Bloomberg) -- Iran's Mahmoud Ahmadinejad dismissed the possibility of a war with the US and Israel over his ...

Iranian President: No War with US, Israel
Voice of America - Jul 8, 2008
By VOA News Iranian President Mahmoud Ahmadinejad says he does not see a possibility of war between Iran and the United States or Israel. ...

Iran's president urges next US government to heal American image
Jerusalem Post, Israel - Jul 8, 2008
By AP Iran's president has urged the next US government to restore America's international image by respecting justice and human rights. ...

Iran's Ahmadinejad says G8 "on road to precipice"
Reuters - Jul 8, 2008
TOKYO (Reuters) - Iranian President Mahmoud Ahmadinejad lashed out at the Group of Eight wealthy nations in a letter to a newspaper on Tuesday, saying their ...

Putin, Iranian president discuss nuclear plant
China Daily, China - Jul 7, 2008
MOSCOW -- Russian Prime Minister Vladimir Putin and Iranian President Mahmoud Ahmadinejad on Monday pledged in a phone talk to speed up the construction of ...

Ahmadinejad defiant on nuclear rights, insists West's demands are ...
Jerusalem Post, Israel - Jul 7, 2008
By AP Iran will not bow to Western demands to halt its uranium enrichment program, a news report quoted Iranian President Mahmoud Ahmadinejad as insisting ...

Israel, US Won't Dare Attack Iran, Ahmadinejad Says (Update1)
Bloomberg - Jul 7, 2008
By Ladane Nasseri July 7 (Bloomberg) -- The US and Israel wouldn't dare to attack Iran over its atomic program, said President Mahmoud Ahmadinejad, ...

Ahmadinejad: Bush 'has many satanic and inhuman wishes' to attack Iran
Jerusalem Post, Israel - Jul 7, 2008
By JPOST.COM STAFF Israel and the US would not dare to attack Iran, Iranian President Mahmoud Ahmadinejad was quoted as saying in an interview with a ...

Ahmadinejad: Iran will not renounce nuclear rights
AFP - Jul 7, 2008
TEHRAN (AFP) — President Mahmoud Ahmadinejad insisted on Monday that Iran would not give up its nuclear rights, dismissing calls for Tehran to suspend ...

Iran closer to compromise on its
Toronto Star,  Canada - Jul 7, 2008
While Iran continues to reject Security Council demands that it suspend uranium enrichment, it has signaled some willingness to open its program to ...

IRAN: Tehran won't budge on enrichment, officials say
Los Angeles Times, CA - Jul 6, 2008
Over the weekend, an official close to Iran’s Supreme Leader, Ali Khamenei, ruled out any halt to its ongoing enrichment of uranium as a precondition for ...

Press Freedom Groups Raise Tunisian Concerns With French President - New Liberian


Sarkozy's 'Club Med' summit challenges EU
Irish Times, Ireland - 7 hours ago
Syrian president Bachar al-Assad at the Mediterranean summit in Paris this weekend. The leaders join 41 other heads of state and government at the gathering ...

Abbas hopes for "positive momentum" at Paris summit
AFP - 11 hours ago
ROME (AFP) — Palestinian president Mahmoud Abbas said Friday he hoped this weekend's Mediterranean Union summit in Paris would boost prospects for peace ...

Maghreb seeking full partnership status in proposed union
Xinhua, China - 22 hours ago
RABAT, July 11 (Xinhua) -- The mainly Arabic-speaking Maghreb countries want to be seen as full partners within the proposed Union for the Mediterranean ...

French-inspired project aims to boost relations with EU
Financial Times, UK - Jul 10, 2008
By Tony Barber The Union for the Mediterranean is a French-inspired project aimed at boosting relations between the European Union and the countries of the ...

PM to discuss regional cooperation at Euro-Med
Ha'aretz, Israel - Jul 8, 2008
By Yoav Stern and Barak Ravid Prime Minister Ehud Olmert and Foreign Minister Tzipi Livni are set to leave Saturday night for Paris to take part in the ...

Turkish Prime Minister Erdogan hopes to attend MedUnion launch
Hürriyet, Turkey - Jul 8, 2008
Turkish Prime Minister Tayyip Erdogan told French President Nicolas Sarkozy in a telephone conversation that he hopes to attend the inaugural summit of the ...

Olmert, Abbas to meet in Paris
Jewish Telegraphic Agency, NY - Jul 6, 2008
Mediterranean summit scheduled for July 13, the AFP news agency reported Sunday, citing an official Israeli source. The Paris summit will unite the 27 ...

Sarkozy's plans for EU--Arab link face stern test
Irish Independent, Ireland - 3 hours ago
FRENCH President Nicolas Sarkozy's ambitions for European leadership face a big test today when he gathers the leaders of 44 nations in Paris to launch a ...

Sarkozy's Mediterranean challenge
France24, France - 9 hours ago
French President Nicolas Sarkozy is set to chair the Paris summit on the Union for the Mediterranean jointly with Egyptian President Hosni Mubarak. ...

Paris doubles police presence for Bastille Day
EUbusiness (press release), UK - 14 hours ago
(PARIS) - Eight thousand police are to patrol the streets of Paris for its annual Bastille Day celebrations Monday, to which some 40 foreign leaders ...

Turkish Premier To Attend Paris Summit On Mediterranean Union
Turkish Press, MI - 15 hours ago
ANKARA - Turkish Prime Minister Recep Tayyip Erdogan will travel to French capital Paris on Saturday to attend the summit on Union for the Mediterranean. ...

Babacan To Meet French Foreign Minister On Saturday
Turkish Press, MI - 15 hours ago
PARIS - Turkey's Foreign Minister Ali Babacan will meet his French counterpart in Paris on Saturday. The two ministers will discuss Sunday's Union for the ...

The Union for the Mediterranean: a Test for the Maghreb
Dar Al-Hayat, Lebanon - 16 hours ago
The Arab Maghreb Union has a president. At least it is from such a position that Libyan leader Colonel Muammar Al-Qaddafi spoke of the Union's crises, ...

Sarkozy paid compliment to Kyiv and promised promotion
UNIAN News Agency, Ukraine - 21 hours ago
The President of France, which has a presidency over EU, says about an intention to promote movement of Ukraine to the European Union. ...

Mediterranean Union to be
EUobserver.com, Belgium - 23 hours ago
France will on Sunday (13 July) launch the Union for the Mediterranean – the brainchild of President Nicolas Sarkozy, which will bring together EU member ...

Interview: Summit to delay big decisions on 'Club Med'
EurActiv, Belgium - 23 hours ago
The summit that will launch Nicolas Sarkozy's pet project of a Mediterranean Union in Paris this Sunday will be "a social event" for heads of state rather ...

Libya and France sign cooperation accord on peaceful use of ...
Mathaba.Net, UK - Jul 10, 2008
The accord was signed at the French Foreign Ministry headquarters in Paris by Secretary of European Affairs at General People's Committee (GPC) for Foreign ...

Sarkozy seeks pardon for Petrella
Ansa news in English, Italy - Jul 10, 2008
(ANSA) - Strasbourg, July 10 - French President Nicolas Sarkozy said on Thursday that he has written to Italian President Giorgio Napolitano and Premier ...

Libyan Leader States His Reasons for Rejecting Mediterranean Union ...
istockAnalyst.com, OR - Jul 9, 2008
At 0840 gmt, Libyan television began to relay a live news conference held in Tripoli by Libyan leader Mu'ammar al-Qadhafi on the Mediterranean union project ...

Corridors of Power: France's Colombia Connection, Sport as ...
World Politics Review - Jul 9, 2008
FRENCH CONNECTION -- France's six-month presidency of the European Union, which began July 1, got an expected prestige boost last week with the release of ...

Sarkozy's remarks on strikes continue to generate heat
Mathaba.Net, UK - Jul 8, 2008
PARIS, July 8 (Xinhua) -- French President Nicolas Sarkozy's remarks, which appeared to be down playing the impact of general strikes in the country, ...

Worst Fears Ease, for Now, on Mortgage Giants’ Fate - New York Times


Oil prices, lenders' woes roil stocks
Boston Globe, United States - 2 hours ago
Stock markets took a wild ride yesterday after oil prices briefly touched a new high and investors worried that the nation's mortgage giants, Fannie Mae and ...

Stocks end lower amid worries on Fannie, Freddie
The Associated Press - 6 hours ago
NEW YORK (AP) — Wall Street's angst over the ongoing fallout from the credit crisis made for a turbulent end to a volatile week Friday — stocks tumbled, ...

Closing Glance: Most media companies' shares fall
Forbes, NY - 10 hours ago
AP 07.11.08, 5:00 PM ET Most major media companies' shares declined on Friday in a volatile trading session as rising concerns about Fannie Mae and Freddie ...

Wall St brokers face Fannie, Freddie worries
Reuters - 10 hours ago
By Joseph A. Giannone NEW YORK (Reuters) - Worries that the government may nationalize struggling mortgage finance giants Fannie Mae and Freddie Mac created ...

Mexico's Bonds Drop as Falling Stocks Diminish Risk Appetite
Bloomberg - 12 hours ago
By Hugh Collins July 11 (Bloomberg) -- Mexico's peso bonds fell for the first time since July 7 as declining global stocks reduced demand for ...

Failure Is Not an Option
Barron's - 14 hours ago
By RANDALL W. FORSYTH Though technically insolvent, the GSEs will be bailed out to save the mortgage market, not shareholders. THE GOVERNMENT OWNS FANNIE ...

Obama camp: No comment on Fannie, Freddie steps
Reuters - 14 hours ago
WASHINGTON (Reuters) - Presidential candidate Barack Obama's campaign declined on Friday to comment on whether it would favor a bailout for mortgage giants ...

Opening Glance: Specialty retailers mainly fall
Forbes, NY - 16 hours ago
AP 07.11.08, 10:47 AM ET Shares of specialty retailers mainly fell with the overall market Friday morning as oil prices hit a record high of $147 a barrel. ...

Fannie, Freddie Lose Nearly Half Their Value as Markets Open
Washington Post, United States - 17 hours ago
By David S. Hilzenrath, Jeffrey H. Birnbaum and Howard Schneider Shares of Fannie Mae and Freddie Mac continued a week of freefall on Wall Street today, ...

Toronto stock index set to open higher
Reuters UK, UK - 17 hours ago
TORONTO, July 11 (Reuters) - The Toronto Stock Exchange's main index is set to open higher on Friday, led by energy shares, after oil rose to a record high ...

US Considers Taking Over Fannie Mae, Freddie Mac, NYT Reports
Bloomberg - Jul 10, 2008
By Joseph Galante July 10 (Bloomberg) -- US officials are considering plans to take over one or both of the nation's largest mortgage finance companies, ...

MARKET SNAPSHOT: Stocks End Higher, With Alcoa Rallying And ...
CNNMoney.com - Jul 10, 2008
US stocks on Thursday tried and mostly succeeded in bouncing back from the prior day's credit crisis-fueled losses, with concerns about the viability of ...

UK shares plunge again
guardian.co.uk, UK - Jul 10, 2008
Traders will have to find a new word for volatile, judging by the see-saw performance of the market so far. After picking up in the wake of a positive ...

Fannie, Freddie
Bloomberg - Jul 9, 2008
Fannie Mae slipped $1.08, or 6.1 percent, to $16.54. Freddie Mac lost $1.94, or 14 percent, to $11.52. Fannie's 3.25 percent benchmark notes priced to yield ...

Fannie, Freddie rise after dive a day earlier
The Associated Press - Jul 8, 2008
NEW YORK (AP) — Shares of mortgage financiers Fannie Mae and Freddie Mac bounced back Tuesday, a day after plunging over worries the pair might need ...

Stocks Flatten as Oil Falls
Wall Street Journal - Jul 8, 2008
By ROB CURRAN NEW YORK -- US stocks looked directionless Tuesday as oil prices looked to complete a $10 drop in two sessions, helping consumer-discretionary ...

A Rally Beckons — Will It Last?
Wall Street Journal Blogs, NY - Jul 8, 2008
Futures have pulled a turnaround headed into the open of trading, and what looked to be a harsh beginning to the day has a brighter tenor to it. ...

Mortgage giants' woes could filter down to average investors
Fort Worth Star Telegram, TX - 2 hours ago
By JIM FUQUAY The troubles at Fannie Mae and Freddie Mac could hit home for even the average investor. The nation’s two big purchasers of home mortgages are ...

US stocks tumble as fear grows
China Post, Taiwan - 5 hours ago
Mac and Fannie Mae, two US firms which provide key financing to the vast mortgage market. The blue-chip Dow Jones Industrial Average had tumbled 191.50 ...

News Minute: Market turmoil...Bush urges offshore drilling ...
KVOA.com, AZ - 12 hours ago
Entertainment News from AP AP - July 11, 2008 3:03 PM ET NEW YORK (AP) - The bear continues to prowl on Wall Street today as record-high oil prices and ...

Dow Hits Lowest in Two Years
WIOD, FL - 13 hours ago
The Dow Jones Industrial Average (INDU) dropped over 200 points midday on Friday, falling below 1100 for the first time in two years. ...