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Forex News: Weekend Press from some global newspapers

Posted by Greg Michalowski on Sun, 07/13/2008 - 10:30am in

NY Times: "Fannie and Freddie Grew, Protected by Washington "

WSJ:"Fannie Mae Ugly"
        "Crisis Deepens as Big Bank Fails"

 London Times: "US Treasury rescue for Fannie Mae and Freddie Mac"
"No "Magic Bullet for Home Loan Crisis" Discusses UK Housing market.

NZ Herald: "Bright Spots in the Gloom"

Sydney Morning Herald:"Westpac and NAB Play Catch Up"

Barrons Cover Storty has a different slant: "Bottom's Up: The Real-Estate Rout May be Short Lived"

WSJ: "Treasury to Issue Statement Supportive of Mortgage Giants"  This article leaks what will be an announcment later regarding the plan for Freddie and Fannie Mae.