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Mukasey Under Fire In Justice Department Hearing
Attorney General Michael Mukasey says he's doing all he can to make sure the Justice Department recovers from months of scandal. Mukasey testified Wednesday for nearly three hours before the Senate Judiciary Committee, but Senators got few of the answers they were looking for.
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States Approve Compact To Protect Great Lakes
The eight states surrounding the Great Lakes have agreed to protect water in the region from being diverted to other parts of the country and the world. The lakes contain 20 percent of the world's fresh surface water, and
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Freddie, Fannie Troubles Continue
Fannie Mae and Freddie Mac stock values are down again Friday. Investors are worried that the two home mortgage giants may collapse from the burden of homeowners defaulting on their mortgages. Already, the two companies have posted $11 billion in losses.
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Does A Bailout Loom For Fannie Mae, Freddie Mac?
The mortgage-finance giants Fannie Mae and Freddie Mac took another hit on Wall Street Thursday, after a former Fed official suggested the companies may need a government bailout. Others are weighing in, too.
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IndyMac Collapses Under Financial Woes
Customers of IndyMac faced closed doors Friday after federal regulators took over the California bank. Risky lending practices and a $1.3 billion bank run were part of IndyMac's demise. Banking consultant Burt Ely talks about how the failure happened and what it signals for the broader economy.
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Latinas For McCain, Finding Fault With Obama
The group Latinas for McCain includes a mix of Republicans, Democrats and independents. For many, their choice has more to do with negative things they believe about Sen. Barack Obama, than positive things about Sen. John McCain.
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Parker Explores The Shadows Of Boston's Back Bay
Robert B. Parker doesn't romanticize the city that is home to his fictional private eye, Spenser. "If I lived in Cincinnati, Spenser would be working in Cincinnati," says the author.
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Tony Snow, Delighted In Arguing Conservative View
Former White House press secretary Tony Snow died early Saturday at age 53. NPR's Juan Williams, who had appeared with Snow as a commentator on Fox News Channel, talks about his friend and former colleague.
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Democrats Receptive To Fix For Fannie, Freddie
Democratic leaders are giving the Treasury Department's plans to rescue the giant mortgage companies Fannie Mae and Freddie Mac a favorable reception on Capitol Hill. The plan, which includes extending the companies' total line of credit to $300 billion, would be attached to the housing bill now making its way through Congress.
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Checking Up On Fannie Mae, Freddie Mac
Government-backed mortgage agencies Fannie Mae and Freddie Mac are facing troubles. Bill Seidman, former chairman of the Federal Deposit Insurance Corporation, says the agencies, which play a huge role in the marketplace, "are not insolvent but are certainly weakened."
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