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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 : Baby Sign Language Academy
Baby Sign Language Academy provides in-depth information about baby sign language and teaching babies how to communicate effectively using simple ASL signs. The site contains an interactive sign la...
http://baby-sign-language-academy.com

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Website preview thumbnail for : Second Chance Chi
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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Website preview thumbnail for : Bis Henderson Recruitment
As recruitment specialists, Bis Henderson work with businesses to successfully hire supply chain, logistics and procurement professionals on a permanent and interim basis across professional, manag...
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Find the lowest prices on Las Vegas horseback tours at Vegas Horseback Tours. Choose from a wide variety of Las Vegas Horseback Tours including breakfast, lunch, dinner and overnight rides. Book yo...
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Website preview thumbnail for : Branded Basics
A leader of Urban Connection provide Mens Tall Tees Shirts, Tall T-Shirts, Hip Hop Tshirts, Urban Tees, Tall Tshirts, Long T-Shirts, Long tees, Polo Shirt in USA from Brandedbasics.
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No matter what else you are doing from cradle days through to the end, You're writing your Life's secret story, Each night sees another page penned.

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