Daily news and opinion from le Chat Marchet
September 8th, 2008 at 7:47 am

World stocks soar on US mortgage bailout (AFP)

Posted in: le Chat Marchet

The Fannie Mae headquarters in Washington. European and Asian stock markets have surged after the US government grabbed control of ailing mortgage giants Fannie Mae and Freddie Mac, easing fears of a world financial crisis(AFP/Karen Bleier)AFP - European and Asian stock markets surged Monday after the US government grabbed control of ailing mortgage giants Fannie Mae and Freddie Mac, easing fears of a world financial crisis, dealers said.


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