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Fannie, Freddie shares dive on bailout fears, bonds up (Reuters)

Fannie, Freddie shares dive on bailout fears, bonds up (Reuters)   more»»

Reuters - Fannie Mae and Freddie Mac shares plunged to their lowest levels in almost 20 years on Wednesday, while the mortgage companies' bonds rallied on the belief that an increasingly likely government bailout would wipe out shareholders but secure their massive debt.


Wed Aug 20, 2008


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Rice arrives in India in wake of Mumbai attacks (AP)   more»»

AP - U.S. Secretary of State Condoleezza Rice arrived in New Delhi on Wednesday in Washington's effort to ease tensions in the region after a three-day terrorist attack that left 171 people dead in Mumbai.



Thai protesters leave airport as flights due in (AFP)   more»»

AFP - Hundreds of anti-government protesters left Bangkok's main airport Wednesday after a eight-day siege, as authorities assured beleaguered tourists that flights would resume within 24 hours.



Rice arrives in India to ease tension with Pakistan (Reuters)   more»»

Reuters - Secretary of State Condoleezza Rice arrived in New Delhi on Wednesday as part of intense U.S. efforts to ease tension between India and Pakistan that has surged over the Mumbai attacks.



Giants suspend Super Bowl hero Burress (AP)   more»»

AP - Super Bowl hero Plaxico Burress is done for the year.



Rice heads to India after Mumbai attacks (AFP)   more»»

AFP - US Secretary of State Condoleezza Rice arrived in New Delhi Wednesday for a solidarity visit after the Mumbai attacks and to reduce tensions between India and nuclear rival Pakistan.