Newsblaster Archived Run Click here to return to today's news. Sunday, July 20, 2008 Articles from 07/17/2008 to 07/20/2008 Last update: 4:22 AM EST
Search for: Offline summarization (match summaries) Hybrid summarization Online summarization Offline summarization (match articles) U.S. World Finance Sci/Tech Entertainment Sports View Today's Images Back to Archive Index About Newsblaster About today's run Newsblaster in Press Academic Papers Article Sources: washingtonpost.com (186 articles) nytimes.com (148 articles) seattletimes. nwsource.com (146 articles) news.bbc.co.uk (107 articles) cbc.ca (81 articles) baltimoresun.com (58 articles) latimes.com (49 articles) foxnews.com (46 articles) boston.com (40 articles) nypost.com (39 articles) ft.com (32 articles) abcnews.go.com (28 articles) suntimes.com (26 articles) dallasnews.com (18 articles) haaretz.com (18 articles) timesonline.co.uk (18 articles) cnn.com (17 articles) technology. timesonline.co.uk (8 articles) entertainment. timesonline.co.uk (7 articles) sfgate.com (5 articles) msnbc.msn.com (5 articles) cbsnews.com (4 articles) topics.latimes.com (2 articles) nature.com (2 articles) latimesblogs. latimes.com (2 articles)	Fannie Mae and Freddie Mac: Averting a rescue Summary from United States, from articles in English The nation's two beleaguered mortgage finance giants continued to win back investors on Friday, as Freddie Mac, the smaller of the two companies, took a crucial step toward raising capital. (article 1) The federal bailout plan pulled together over the weekend to bolster Freddie Mac and Fannie Mae and shore up the country's mortgage market still needs congressional approval. (article 11) NEW YORK - Mortgage financier Freddie Mac took a step toward issuing common and preferred stock to help bolster its balance sheet Friday when the Securities and Exchange Commission accepted its registration statement filed earlier in the day. (article 6) The pair have been hit hard over the past year by mounting losses tied to the downturn in the mortgage market, and the government was forced to step in over the weekend to reassure Wall Street of the companies' solvency. (article 6) The idea comes as lawmakers scramble to limit the potential taxpayer costs of the rescue plan and satisfy critics of the government-sponsored companies who fear an open-ended bailout. (article 10) Shares of the two pillars of the U.S. housing market surged 17 percent, adding to equally sharp gains earlier this week, helped by stronger-than-expected earnings at JPMorgan Chase & Co (JPM.N). (article 4) Event tracking: Track this story's development in time Story keywords Freddie, Fannie, Mae, Mac, mortgage Source articles Freddie Mac Takes Step Toward Raising Capital (nytimes.com, 07/19/2008, 570 words) Fannie, Freddie spent millions on lobbying :: CHICAGO SUN-TIMES :: Business (suntimes.com, 07/17/2008, 1385 words) Freddie Mac mulling $10 billion share offer: report (Washington Post, 07/18/2008, 434 words) Fannie Mae, Freddie Mac shares jump again (Washington Post, 07/18/2008, 450 words) Fannie, Freddie rise after dive a day earlier (Washington Post, 07/18/2008, 437 words) Freddie Mac takes step toward issuing stock (seattletimes.nwsource.com, 07/18/2008, 733 words) FOXNEWS.COM HOME > U.S. (FOX News, 07/18/2008, 365 words) Spreading Information, Not Panic (nytimes.com, 07/20/2008, 1254 words) Fannie Mae and Freddie Mac: Averting a rescue (L.A. Times, 07/19/2008, 435 words) Govt OK sought for top pay at mortgage giants (Washington Post, 07/18/2008, 387 words) Boston Real Estate (boston.com, 07/18/2008, 249 words) Republicans not sold on this mortgage rescue plan (L.A. Times, 07/17/2008, 537 words) Too Big to Fail? (nytimes.com, 07/20/2008, 1726 words) The Way Through (nytimes.com, 07/20/2008, 769 words) blaster@cs.columbia.edu