| Personal Finance: |
| Fannie and Freddie debt gains, deep share dive abates
(Reuters)
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 Reuters - Investors' growing belief in the
likelihood of a federal bailout of home-funding giants Fannie
Mae and Freddie Mac triggered a rally in the
debt prices of the two companies on Thursday while a steep fall
in their shares prices abated.
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| Fannie, Freddie rescue plans leave many anxious
(AP)
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 AP - A government rescue of Fannie Mae and Freddie Mac could be costly for scores of investment, banking and insurance companies that hold billions in preferred shares of the mortgage finance giants as assets.
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| IKB to be bought by Lone Star Funds
(AP)
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| AP - German lender IKB Deutsche Industriebank AG, which has been badly hit by the U.S. subprime mortgage crisis, will be sold to U.S.-based private equity firm Lone Star Funds, the German company's biggest shareholder said Thursday. |
| Stocks end mixed on rising oil, financial worries
(AP)
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 AP - Wall Street finished mixed Thursday after investors largely shrugged off a jump in oil prices and focused instead on a bullish call on Lehman Brothers Holdings Inc. that eased worries about the financial sector.
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| Energy lifts Dow and S&P but credit worries remain
(Reuters)
|
 Reuters - The Dow and S&P 500 rose on Thursday
as surging oil prices drove up energy shares, though fresh
fears of more credit losses on Wall Street kept gains modest
and pushed the Nasdaq into negative territory.
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