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Articles in category: Business, Economy & Finance
172 Articles (43 Pages, 4 Articles per Page)
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Texas?? top securities regulator has threatened to ban UBS from doing business in the state until investors who bought auction rate securities from the Swiss bank get their money back.
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Shares in Dexia crashed on Tuesday after ratings agency Moody??s said it could strip the Belgian-French financial services group??s U.S. bond insurance subsidiary FSA of its triple A status.
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Treasury Secretary Henry M. Paulson, Jr. today issued the following statement:
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Hank Paulson, Treasury secretary, said: ??Our primary focus is supporting Fannie Mae and Freddie Mac in their current form as they carry out their important mission,? signalling that the Bush administration was not contemplating a rescue takeover of the two groups and wanted public shareholders to continue owning them.
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