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TODAY IN HISTORY

    FREDDIE MAC AND FANNIE MAE BAILOUT
    July 14, 2008 - USA

    Freddie Mac and Fannie Mae who own or guarantee about $5.3 trillion worth of home loans about half of all US mortgages have seen a loss of confidence my the market due to the mortgage forclosure increase and the drop in property values in the United States. Both company Shares have been under increasing pressure and have lost as much as 80% of share value in just 12 months . The Fed has given the green light for the Federal Reserve Bank of New York authority to lend any money needed to allow them to continue providing mortgages at 2.25% and will expand its current line of credit to the two companies and buy shares of the companies if needed to prop up share price in these troubled times. Congress is also to approve a package next week which includes a foreclosure rescue to help strapped homeowners get new, more affordable government-backed mortgages through the Federal Housing Administration.

    ANHEUSER- BUSCH TAKEN OVER
    July 14, 2008 - USA

    After a $52 billion takeover deal, American beer maker, Anheuser- Busch, was taken over by the Belgian beer maker InBev on this day. The merging of the two companies made the newly combined company, Anheuser-Busch InBev, the largest beer maker in the world. The new combined company produces some of the most well known beer brands in the world including Bud Light, Budweiser, Becks and Stella Artois.

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Website preview thumbnail for : Pressmart Social Mobile Cloud Company
Is reinventing content distribution and empowering organizations through social, mobile, and cloud technologies. We started 10+ years ago, motivated by the ability to offer a “Horizontal Medi...
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Website preview thumbnail for : Park Record
Home of the Park Record Park City Local News Sports Entertainment Business The Park Record Summit County utah.
http://www.parkrecord.com
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The largest database of magazines and newspapers on the Internet, with listings for about 25,000 magazines, newspapers and top news sites from all over the world. All You Can Read is a complete gui...
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Kanab Utah's weekly news source, the local news, sports, school, community and advertising for Kane County, Utah and Northern Arizona. Employment information, Utah Government news, southern Utah tr...
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Designed to target advertiser's most valuable customers and prospects. The Salt Lake Tribune's digital network can deliver mass reach in key markets, as well as targeting across geographic, behavio...
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Salt Lake City news and Utah news, sports, entertainment, weather, breaking news, movies, real estate from the online home of the Deseret News.
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Website preview thumbnail for : Online Newspapers
Directory for the World and [Thousands of Newspapers Listed by Country and Region]
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Website preview thumbnail for : USA Today
The Nation's Newspaper provides you with up-to-date coverage of US and international news, weather, entertainment, finance, and more.
http://www.usatoday.com
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Formed by a joint operating agreement between The Salt Lake Tribune and the Deseret News, Media One of Utah oversees advertising, printing, circulation and business functions of Salt Lake City's da...
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Find breaking news, multimedia, reviews and opinion on Washington, business, sports, movies, travel, books, jobs, education, real estate, cars and more.
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A group of people with the same desire to help rescue and save small breed dogs from high-kill shelters throughout the united states and find them loving forever homes. We are always looking for vo...
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Unfortunately just like humans our pets will age too. With the aging process comes health problems and with health problems comes very expensive vet bills. Research you dog
In this highly competitive market, people are looking out for effective ways to improve their businesses.
A whipsaw is a representation of profit-taking going on in the market.
Just a line to say I'm living, That I'm not among the dead Though I'm getting more forgetful And more mixed up in the head.

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