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Fannie, Freddie debt rallies on likely bailout
(Reuters)
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Thu, 21 Aug 2008 18:05:11 GMT
 Reuters - Heightened expectations for a
government bailout of U.S. home-funding giants Fannie Mae
and Freddie Mac drove their debt prices higher
on Thursday as investors bet the securities will be guaranteed
by the U.S. government even if shareholders are wiped out.
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Analysts see tough quarter for U.S. investment banks
(Reuters)
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Thu, 21 Aug 2008 14:31:16 GMT
 Reuters - Wall Street research analysts are
projecting yet another tough quarter for U.S. investment banks
marked by additional writedowns across a series of fixed-income
assets amid an already weak operating environment.
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Trends & Innovations - Wednesday
(Investor's Business Daily)
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Wed, 20 Aug 2008 22:56:43 GMT
Investor's Business Daily - The proportion of working-age Americans facing medical debt rose to 72 mil or 41% last year, up from 58 mil or 34% in '05, according to a new survey by the nonprofit Commonwealth Fund. About half of those facing health debt have up to $2,000 in bills, while 12% have more than $4,000 in debt and another 12% have more than $8,000. The survey also found most of those with medical debt said they had exhausted their savings, with some also tapping into credit cards, home equity or cutting back on food or heat to cover health care costs.
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