PRESS DIGEST - Washington Post - Sept 8
WASHINGTON, Sept. 8 (Reuters) - Washington Post included the following items on its front page on Sept 8. Reuters has not verified these stories and does not vouch for their accuracy.
---
The government seized control of Fannie Mae and Freddie Mac in a dramatic bid to restore faith in the embattled mortgage giants and arrest a vicious cycle that has driven the nation's economy into a steep downturn.
---
Treasury Secretary Henry Paulson's rescue plan for Fannie Mae and Freddie Mac almost certainly means the two mortgage financiers will cease to exist in their current form, igniting the battle over the future of these giant institutions.
---
© Thomson Reuters 2008 All rights reserved
Bracing for a brutal year
The media industry, fresh off a bruising 2008, is preparing for an even more brutal 2009 as the slump in advertising, fall in consumer spending and financial crisis show no signs of easing. Full Coverage
Rockefeller Center Tree lighting
