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NY Federal Reserve Bank

Fed Market Gurus Prep Rate Hike Amid Last-Minute Anxieties

The New York Federal Reserve officials tasked with prying interest rates off the floor have been meeting with bankers and traders to plot how best to do it, amid deep uncertainty over how much control they will really have over short-term lending markets.
Fannie Mae

Fannie Mae Settles Shareholder Lawsuit For $170M

Fannie Mae has reached a $170 million settlement of a lawsuit accusing it of misleading shareholders about its finances, risk management and mortgage exposure before it was seized during the crisis.


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