Fannie Mae and Freddie Mac have been under close scrutiny the last few years, prompting Congress to call for tighter regulation. But now the Bush administration wants them to ride in and raise more money to buy more mortgages. Jill Barshay reports.
Posted In: Wall Street
The buyout of Harrah's Casino is said to be one of the largest transactions coming to the market this year, but many of the usual buyers aren't at the table. Jill Barshay reports the deal will determine how easy leveraged buyouts will be this year.
Noor Islamic Bank, half-owned by the Dubai government, opened its doors this weekend. Its chief executive says he's going on a multibillion-dollar spending spree to corner the market on lending to the world's 1.8 Muslims. Jill Barshay reports.