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The Bank of America Housing Bailout Bill at Emac’s Stock Watch | Fox Business - News Articles

By Elizabeth MacDonald The new housing bailout bill would let mortgage lenders off the hook for sour mortgages, as it would let the Federal Housing Administration assume the risk for these bad debts, shifting the burden to taxpayers and bond investors. However, ...   [click for more]

Fed's Bernanke says Fannie, Freddie in 'no danger of failing' - Forbes.com - News Articles

WASHINGTON (Thomson Financial) - Federal Reserve Board Chairman Ben Bernanke told the House of Representatives today he believes mortgage giants Fannie Mae ...   [click for more]

Financial Crisis Brings Bold Global Moves - Forbes - MSN Newsfeeds

The collapse of confidence in the international banking system has precipitated the most serious economic crisis since 1929. Now at last, developed world governments, including the U.S., U.K. and the largest euro-area economies, are taking aggressive ...    [click for more]