Lehman bosses said to give up bonuses
Mr. Fuld made the decision after the nation’s fourth-largest investment bank reported it lost nearly $3-billion for its second quarter, according to people inside the investment bank.
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Capital One Financial to Quit Residential Mortgage Business (New York Times) The company also said it would close its wholesale mortgage banking unit and lay off roughly 1,900 employees.read more...
My Apartment WHO: James Simons, 23, freelance writer; Jen Griffin, 23, loans administrator at Canadian Mortgage and Housing Corporation; Sara Kim, 21, new media student, Ryerson University.read more...
Officials announce takeover of mortgage giants (AP via Yahoo! News) The Bush administration, acting to avert the potential for major financial turmoil, announced Sunday that the federal government was taking control of mortgage giants Fannie Mae and Freddie Mac.read
Seeing Other Agents When Cate Engel and her husband decided to sell their Gaithersburg house, they turned to a real estate agent whose mailing had caught their eye. They met with her
Treasury: Swift support needed for mortgage giants (AP via Yahoo! News) Treasury Secretary Henry Paulson said Congress needs to quickly approve a support package for Fannie Mae and Freddie Mac to make sure the two mortgage giants maintain their critically
BYU Named Nation's Fittest College Campus (Reg Req'd) On those annual lists of the nation's college campuses, Brigham Young University is probably best known for its regular ranking near the bottom when it comes to party schools.read more...
June 28th, 2008
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