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By DEBORAH SOLOMON and DAMIAN PALETTA Rep. Barney Frank (D., Mass.) confirmed that Treasury Secretary Henry Paulson is planning government intervention to back troubled mortgage giants Fannie Mae and Freddie Mac. It is...
Fannie Mae and Freddie Mac dropped in after-hours trading on concern any rescue plan devised by U.S. Treasury Secretary Henry Paulson will wipe out shareholders.Fannie dropped $2.25, or 32 percent, to $4.79 at 5:50 p.m....
By Megan Davies and Douwe Miedema NEW YORK/LONDON (Reuters) - Ireland's Elan Corp is seeking second-round bids for its drug delivery unit in an auction likely to be won by a private equity buyer rather than a rival drug...
WASHINGTON, Sept 5 (Reuters) - The U.S. Treasury Department is close to finalizing a plan to buttress mortgage finance companies Fannie Mae (FNM.N: ), the Wall Street Journal reported on Friday. Citing people familiar...
New York For two weeks in July, Morgan Stanley Chief Executive John Mack moved into an office near the research analysts who work at the Wall Street firm's headquarters in New York's Times Square. Battered by a year of...
![wsj.com: [Mack, John]](http://www.newstin.com/image.a?id=7097363.png)
