Reuters - Ohio Attorney General Marc Dann,
who led investigations into companies blamed for the state's
subprime mortgage mess, resigned under a cloud on Wednesday
after admitting to an affair with a female staff member. -- read full article
Wed, 14 May 2008 22:02:31 GMT - Yahoo! News: Personal Finance News
AP - Freddie Mac beat Wall Street's expectations in the first quarter, but the mortgage finance company didn't vanquish concerns about its ability to weather the housing bust.
Reuters - Directors and officers of mortgage
lender Countrywide Financial must answer shareholder
accusations of insider trading and failure to monitor lending
practices that led to the company's collapse, a federal judge
in California has ruled, the New York Times reported.
AP - A federal judge has ruled that a shareholder lawsuit against Countrywide Financial Corp. executives and directors should go to trial, rejecting several arguments by the troubled mortgage lender to dismiss the case. -- read full article
Thu, 15 May 2008 11:09:34 GMT - Yahoo! News: Personal Finance News
