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| Hedge Fund Directories |
Preparing Report...
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Treasury Secretary Henry M. Paulson, Jr. today issued the following statement:
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Hank Paulson, Treasury secretary, said: ??Our primary focus is supporting Fannie Mae and Freddie Mac in their current form as they carry out their important mission,? signalling that the Bush administration was not contemplating a rescue takeover of the two groups and wanted public shareholders to continue owning them.
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IndyMac Bank on Friday night became the biggest savings bank to fail in decades and the latest victim of the credit crisis as regulators closed down the troubled mortgage lender.
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The UK on Friday became the last of the world??s leading stock markets to enter bear market territory.
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