Fannie Mae’s executive shake-up seemed to help build a floor under the tumbling mortgage finance company, with debate still raging about whether the Treasury will take it over. Bloomberg’s report yesterday that Pimco, the manager of the world’s biggest bond fund, was building funds to buy as much as $5 billion in mortgage-backed debt is […]
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“The American people are frightened,” former Commerce Secretary Bill Daley said on Wednesday, as he discussed the American economy with Corbett B. Daly, Washington bureau chief for Thomson Reuters Markets.
People are concerned about income inequality and the widening wage gap, he added, and “that is driving a lot of the anxiety, and also driving in […]
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Adecco, the world’s largest staffing firm, now has six weeks to either make a formal offer for British rival Michael Page or walk away and leave the company in peace for at least six months.
White-collar staffing firm Michael Page has so far rejected informal offers from Adecco, which would value the group at 1.3 billion pounds, and […]
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Singapore’s Temasek made clear how bullish it is on Merrill Lynch in a Bloomberg TV interview, expressing great confidence in CEO John Thain. The news service reported that the Singapore wealth fund has U.S. clearance to raise its stake in the brokerage to as much as 14 percent. That would be worth roughly $1.7 billion […]
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The federal government should ditch the hybrid structure of mortgage giants Fannie Mae and Freddie Mac and fully back them with taxpayer funds, said New Jersey governor Jon Corzine, former CEO of Goldman Sachs.
“I don’t think we can continue with the schizophrenic view that we have today, sort of part public company, part private company, […]
Posted on August 31st, 2008 by
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Adecco, the world’s largest staffing firm, now has six weeks to either make a formal offer for British rival Michael Page or walk away and leave the company in peace for at least six months.
White-collar staffing firm Michael Page has so far rejected informal offers from Adecco, which would value the group at 1.3 billion pounds, and […]
Posted on August 31st, 2008 by
Filed under: options news, stock news | No Comments »
Singapore’s Temasek made clear how bullish it is on Merrill Lynch in a Bloomberg TV interview, expressing great confidence in CEO John Thain. The news service reported that the Singapore wealth fund has U.S. clearance to raise its stake in the brokerage to as much as 14 percent. That would be worth roughly $1.7 billion […]
Posted on August 31st, 2008 by
Filed under: options news, stock news | No Comments »
The federal government should ditch the hybrid structure of mortgage giants Fannie Mae and Freddie Mac and fully back them with taxpayer funds, said New Jersey governor Jon Corzine, former CEO of Goldman Sachs.
“I don’t think we can continue with the schizophrenic view that we have today, sort of part public company, part private company, […]
Posted on August 31st, 2008 by
Filed under: options news, stock news | No Comments »
