I havent had a lot of time to jump into the fracas this weekend emerging about TechCrunch50 because the team has been busy organizing the conference, working with the Expert Panelists on scheduling issues and spending hours and hours working with the 52…
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Wall Street may cheer Fannie, Freddie bailout
NEW YORK (AP) -- Wall Street finally got what it's been angling for: a bailout of Fannie Mae and Freddie Mac that could aid a recovery of the broken U.S. housing market and arrest a slide in stock and credit markets worldwide....…
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September 5, 2008 Recap: Not Yet Oversold
If you have any doubt what the big story for tomorrow will be look no further than the current humongous headline on MarketWatch which screams Biggest Bailout Ever. That should make for an interesting session tomorrow. Too bad Im going to have to miss…
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No ChaChing For ChaCha Guides
ChaCha used to be a ridiculous human powered web based search engine thats best use appeared to be for killing time when bored. They raised a boatload of money from Jeff Bezos and others and eventually switched to an all-mobile interface. They also…
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KIROIC 2008 Fall/Winter Collection
In a market that could still be considered in its infantile stages of creative growth, the burgeoning Chinese market (we anticipate) will develop into their own aesthetics given the proper amount of time. With an unparalleled buying power among the…
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Statement by the President on appointing new leadership by the Federal Housing Finance Agency
Today, the Federal Housing Finance Agency (FHFA), the regulator of Fannie Mae and Freddie Mac, determined that these housing mortgage companies cannot continue to operate safely and soundly, and fulfill their public mission -- posing an unacceptable risk…
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U.S. announces takeover of Fannie and Freddie
The U.S. Treasury Department on Sunday seized control of Fannie Mae and Freddie Mac, the giant quasi-public mortgage finance companies, and announced a rescue plan that includes an open-ended guarantee to provide as much capital as they need to stave off…
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U.S. Seizes Mortgage Giants
The government seized Fannie Mae and Freddie Mac in its most dramatic market intervention in decades. Treasury plans to replace the companies' CEOs and provide up to $200 billion as part of the rescue.…
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