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On the Headlines
U.S. seizes Fannie, Freddie, aims to calm markets
09/07/2008 06:47 PM
WASHINGTON (Reuters) - The U.S. government on Sunday seized control of mortgage finance companies Fannie Mae and Freddie Mac, launching what could be its biggest bailout ever in a bid to support the U.S. housing market and ward off more global financial market turbulence.
Lehman announces senior management changes
09/07/2008 05:49 PM
NEW YORK (Reuters) - Lehman Brothers Holdings Inc said on Sunday it has named Eric Felder and Hyung Soon Lee as global co-heads of fixed income, following the departure of current global head Andrew Morton.
WaMu picks Meridian's Fishman as new CEO: report
09/07/2008 08:52 PM
NEW YORK (Reuters) - Washington Mutual Inc, the largest U.S. savings and loan, is replacing Chief Executive Kerry Killinger, making him the latest high-profile casualty of the credit crisis, the Wall Street Journal reported on its website on Sunday.
