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Mortgage Industry Nationalized

I'm not versed enough in economics to know if this technically qualifies as the nationalization of a major financial sector, but it sure sounds like it: The U.S. government plans to put troubled mortgage finance companies Fannie Mae and Freddie Mac under…

3 hours ago in Open Left · Authority: 1,648

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Politics »

Iran rejects French warning it risks Israeli strike

TEHRAN (Reuters) - Iran dismissed on Saturday a warning by France's president that the Islamic Republic was taking a dangerous gamble over its nuclear program because one day its arch-foe Israel could strike.…

1 day ago in Reuters

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