hopeful news

Fannie, Freddie Shares Slumping; Indy Gets A Break

NPR Programs: Morning Edition  Thu, 08/21/2008 - 9:18am

After trading at $60 or $70 a share a year ago, mortgage giants Fannie Mae and Freddie Mac are in the single-digit range — and slipping further.

But there's some hopeful news for struggling homeowners whose mortgages are held by IndyMac Bank, which was taken over by the government.

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Shiite Politician: Iraqi Government 'Cannot Deliver'

NPR Programs: Morning Edition  Mon, 03/31/2008 - 8:39am

Iraq's government is claiming some hopeful news after a week of fighting as Muqtada al-Sadr ordered his militiamen to stop fighting.

But the declaration doesn't impress Shiite parliament member Kassim Daood, who says "there are many signals showing that this government cannot deliver" on its promise to secure Iraq.


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