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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Steel tubes India is the leading Supplier and Exporter of astm a179 tubing suppliers, astm a179 pipe supplier, ASTM A179 Carbon Steel Seamless and Welded Tubes, CS A179 ERW Tubing, astm a179 tube m...
Is the leader in splash zone protection and a leading manufacturer of cast urethane and rubber tools for offshore and marine applications. Specialty products include rubber rollers, polyurethane ro...
Is a leader in tank inspections and piping inspections. We utilize the latest technologies available to meet our clients’ needs while maintaining a full staff of certified inspectors that are fun...
As the leader in the deep foundation industry, offer sinking foundation system repair and helical services with three generations of designing and construction experience.
Sierra Monitor Corporation addresses the industrial and commercial facilities management market with Industrial Internet of Things (IIoT) solutions that connect and protect high-value infrastructure.
Is a design and manufacturing partner that is invested in the success of your product. Our team applies our knowledge, experience, and capabilities in Membrane Switches and Keypads, Silicone Rubber...
Established in 2009 and based in Melbourne, Australia, Unique Procurement Services Pty. Ltd. (UPS) is a major International facilitator of Commodities. Over the years’ we have developed a la...
We manufacture a wide range of Industrial Custom Molded Products as per the shape, size and material specification requested by customers. The products include vibration absorbing components such a...
Is the OEM spray on bed liner provider in the Automotive Industry. As our factory programs have grown and been in operation, Ultimate Linings regularly gets contact from customers and dealers looki...
Is a prominent Manufacturer and Exporter of Mica Blocks, Mica Flakes, Mica Powder, Mica Scrap, Mica Splittings, Mica Sheets, Mica Insulators, Mica Washers, Mica Strips and Mica Products for Art Cra...
Is a reckoned firm for manufacturing industrial equipment like impact pulverizer, which is sturdily constructed for flawless performance and available at reasonable prices.
Grinding and Abrasives Machine, Machinery suppliers of air tools, electric grinders flexible shaft machines suhner polishing in UK. SUHNER tools are commonly used in various industries from automot...
We are functioning as Security Bags Manufacturer from nearly three decades. We have advanced facilities to design Secure Poly Bags in different variants such as Tamper Evident Cash Bags, Tamper Evi...
Was started by enterprising technocrats in the year 2004 in the Industrial city Coimbatore for the trading of Textile, Consumer, and Automobile Goods. Since its inception the company has performed ...
Is situated in Coimbatore (South India) – predominantly an industrial town with an inner spirit of entrepreneurship and self development. Coimbatore is one of the major industrial hub for en...
Fluke offers a wide assortment of multimeters that fit into a wide array of job applications and budget. Click here to know more about the award winning Fluke 233 DMM.
A well reckoned manufacturers and suppliers of Pusher Bar Pleating Machine based in Haryana, the Pusher Bar Pleating Machines are fabricated as per the client's requirement. Quality and innovation ...
All the products available here, are sourced from some of the leading manufacturers in the industry and come with the assurance of unbeatable quality and performance. We are equipped with all the r...
We are an importer, wholesaler, exporter and full-service specialist in lighting and power. We offer high-end products, services and recommendations for the industrial market. We represent all majo...
Are you looking for a specific fuse? Do you want a slow acting fuse? Do want a fuse that activates quickly? Do you need to know about fuses? Check out this article to get more fuse information.
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...
Carvers for Conservation was started to introduce the people conserving the habitat of migratory birds to the premier bird sculptors in the world. My intention was to be mutually beneficial to the ...
Search engine is the term with which we are accustomed with very much. But the web directory is not that same. The web directories are older than search engines according to the time of their invention.
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
The course of the River Thames as we know it today was created about 10,000 years ago, by melt water from the ice-sheets that covered much of the United Kingdom during the last ice-age...