No 'Golden Parachutes' for Fannie, Freddie's Ex-Chiefs -
| No 'Golden Parachutes' for Fannie, Freddie's Ex-Chiefs - Washington Post The government yesterday said it would not allow Fannie Mae and quicken personal finance software Freddie Mac to pay their departing chief executives the separation payments, known as "golden parachutes," outlined in their contracts. The Federal Housing Finance Agency (FHFA), the Source: www.washingtonpost.com Regulators set to review Fannie, Freddie CEOs exit pay - Economic Times WASHINGTON: Financial regulators have decided how multi-million dollar severance packages for the departing chief executives of mortgage giants Fannie Mae and quicken personal finance software Freddie Mac could be limited. The Federal Housing Finance Agency (FHFA), which has taken Source: economictimes.indiatimes.com World s biggest banks join forces - Financial Times Ten of the world s biggest banks have agreed to pool $70bn in a giant liquidity fund as part of a dramatic series of private and quicken personal finance software public sector initiatives intended to mitigate the impact of the failure of Lehman Brothers, the investment bank. The Source: www.ft.com AIG Said to Seek Capital From KKR and quicken personal finance software J.C. Flowers (Update2) - Bloomberg Sept. 14 (Bloomberg) -- American International Group Inc. , trying to stave off credit downgrades that would force it to post more than $13 billion in collateral, is seeking capital from buyout firms Kohlberg Kravis Roberts & Co. and quicken personal finance software J.C. Flowers Source: www.bloomberg.com PRESS DIGEST - Malaysia - Sept 15 - Reuters Following are the main stories in Malaysian newspapers. Reuters has not verified these stories and quicken personal finance software does not vouch for their accuracy. THE STAR (www.thestar.com.my) -- Six federal ministers have joined the chorus of criticism against the use of the Source: www.reuters.com Watch now: US finance in crisis - ninemsn After a weekend of frantic efforts to rescue the 158-year-old Wall Street institution, financial markets are bracing for carnage when US markets open later today. Some analysts are describing the weekend's events as some of the most dramatic in Wall Source: money.ninemsn.com.au Lehman demise could end speculative raid on taxpayers - Guardian Unlimited Market veterans say the classic trade was set to be repeated in the weeks ahead if any form of official assistance had been involved in a deal to save or restructure Lehman, the 158-year old finance house which fell victim to traders aggressively Source: www.guardian.co.uk EU ministers try to help small firms - International Herald Tribune NICE : European Union finance ministers agreed this weekend to take a measured response to the economic downturn, freeing up extra lending for small companies but shunning public spending on a large scale. At the end of a meeting here Saturday, the Source: www.iht.com |