TITLE

FROM THE WIRE

PUB. DATE
July 2008
SOURCE
Las Vegas Business Press (10712186);7/21/2008, Vol. 25 Issue 29, pP15
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
This section offers news briefs from the wire. In an effort to stop stock manipulation, the U.S. Securities and Exchange Commission (SEC) will be setting controls on the ability of traders to bet on a drop in shares of Freddie Mac and Fannie Mae. Federal Reserve Chairman Ben Bernanke issued a change of assessment before the U.S. Senate Banking Committee, saying that the country's growth and inflation risks are increasing. General Motors Corp. suspended its dividend and reduced management payroll by 20 percent after three years of losses.
ACCESSION #
33908465

 

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