Mortgage mess hammers Wall Street – CNN Money
NEW YORK (CNNMoney.com) — Stocks tumbled Friday amid surging oil prices and growing fears that the government will have to take over beleaguered mortgage finance companies Fannie Mae and Freddie Mac. The Dow Jones industrial average ( INDU ), the
Japanese shares finish slightly lower – Boston Globe
TOKYO— Japanese shares ended slightly lower Friday after a late rally erased early damage and left investors feeling positive about next week. The benchmark Nikkei 225 index fell 27.52 points, or 0.2 percent, to 13,039.69. The index once again
Stocks whipsawed by Fannie and Freddie – CNN Money
NEW YORK (CNNMoney.com) — Stocks fell Friday, but closed off their lows, as fears that mortgage backers Fannie Mae and Freddie Mac would collapse eased after comments from a leading senator and talk that the Federal Reserve would open up its
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