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Money Minute: Freddie Mac,Countrywide, Retailers
BusinessMoney Minute: Freddie Mac,Countrywide, RetailersMoney Minute: Freddie Mac,Countrywide, RetailersThe Associated PressMortgage financier has Freddie Mac has reported an $821 million second-quarter loss. The AP's David melendy reports on that and the rest of Wednesday's business headlines. (Aug 6)AP Money MinuteMortgage financier has Freddie Mac has reported an $821 million second-quarter loss. The decrease of one dollar and sixty-three cents per share was more than three-times larger than Wall Street expected. The dismal results come just weeks after the government threw a financial lifeline to Freddie and its sister company Fannie Mae to ward off fears the pair could collapse and take down the U.S. mortgage market. ------------------------------Connecticut is suing Countrywide Financial, alleging it misled borrowers into taking on risky home loans they could not afford. The state alleges the mortgage giant violated its consumer protection laws and charged unjustified fees to homeowners who defaulted. California, Illinois and Florida have filed similar lawsuits against the lender, whose shareholders recently approved a takeover by Bank of America.---------------------------------Retailers are preparing for a difficult back-to-school season and are aggressively slashing prices and amping up marketing in the battle for parents' bucks. Just how skittish shoppers are feeling will be seen tomorrow when many retailers report their July sales for stores open at least a year. A weak back-to-school season may signal trouble for the all-important holiday season, which begins not long afterward.-----------------------I'm David Melendy with AP Money Minute ___ ___, The Associated Press.
Length: 74
Rating: 3.80 (5 ratings)
Tags: earns freddia mac minute: freddie countrywide retailers
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Freddie King: Ain`t No Sunshine When She`s Gone.
Not possible!
Length: 309
Rating: 4.80 (1204 ratings)
Tags: Freddie King Blues Guitar
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TEACH YOURSELF FREDDIE MERCURY
FREDDIE SHOWS US HOW ITS DONE
THE FREDDIE AND QUEEN STORY AVAILABLE ON THE STEVIE RIKS XMAS DVD, RELEASED NOV 19th.
If you would Like A Copy. The DVD costs £10 British Pounds to The UK, and £12 Overseas. The Best and Safest Way To pay Is With Paypal, Where You Can Pay With Any Major Credit Or Debit Card. Please Send Your E-Mail address To Me Via You Tube. I Will Then Send You An Invoice Via Paypal. Please Dont forget To Fill In Your delivery Address In The Instructions Box On The Invoice form. Please Allow 7 Days For delivery In The UK, 14 Days Overseas.
Length: 318
Rating: 4.60 (375 ratings)
Tags: FREDDIE MERCURY QUEEN
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Freddie Mercury Tribute (4)- David Bowie & Annie Lennox
Under Pressure performed by David Bowie & Annie Lennox, Tribute to Freddie Mercury
Length: 306
Rating: 4.90 (2100 ratings)
Tags: under pressure annie lennox david bowie
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Freddie Mercury Tribute Video
A nice tribute video to the worlds greatest frontman! Thank you Freddie!
Length: 200
Rating: 4.90 (595 ratings)
Tags: Freddie Mercury queen
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