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Member 5054
GSE plan expected at Treasury news conference (Reuters)
07-09-2008 21h54Reuters - U.S. Treasury Secretary Henry Paulson and Federal Housing Finance Agency Director James Lockhart will hold a news conference at 11 a.m. on Sunday, the Treasury Department said.
Boeing machinists walk off the job as talks fail (Reuters)
07-09-2008 06h37Reuters - Boeing Co's 27,000-strong machinists' union walked off the job on Saturday after the plane maker failed to improve its contract offer following two days of emergency talks.
Alitalia adviser to meet BA on rescue plan: report (Reuters)
07-09-2008 00h44Reuters - Alitalia's (AZPIa.MI) adviser will soon present its rescue plan for the airline to British Airways , considered by Italy as a possible foreign partner for the bankrupt airline, an executive told a newspaper.
Greenberg could pay fine of up to $100 million: report (Reuters)
06-09-2008 10h22Reuters - Maurice "Hank" Greenberg, the former CEO of American International Group Inc , could face a fine of up to $100 million to settle three-year-old civil fraud charges brought by New York's attorney general, according to business news channel CNBC on Friday.
Treasury plan won't help Fannie, Freddie shareholders: Frank (Reuters)
07-09-2008 06h49Reuters - Fannie Mae and Freddie Mac shareholders, including preferred stockholders, will not fair well under a proposed U.S. Treasury takeover of the two housing finance companies, House Financial Services Committee Chairman Barney Frank told Reuters on Saturday.
Wall Street bounces back from dismal jobs report (AFP)
06-09-2008 06h14AFP - Wall Street shares recovered from steep early losses and finished mostly higher Friday as the market was able to shake off a jump in unemployment that sparked renewed fears of a US recession.
More Cons Than Pros To 401(k) Loan (Investor's Business Daily)
06-09-2008 07h25Investor's Business Daily - In the past year, the credit crunch has spread from mortgages to student loans and other types of debt. Home equity lines of credit have been reeled in.
DSG sought bid from Media Markt, but rebuffed: report (Reuters)
06-09-2008 18h32Reuters - Germany's Media Markt, Europe's biggest electrical goods retailer, has rejected a request from DSG International Plc to consider a bid for its closest rival, the Financial Times said on its Web site.
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