The Fed and Wall Street, 4th and Goal for Quarterback Paulson
N.Y. Fed Holds Emergency Talks on Lehman Future Effect of Possible Rescue on Firm's Trading Partners Discussed
By Heather Landy and Neil Irwin Washington Post Staff Writers Saturday, September 13, 2008; D01
NEW YORK, Sept. 12 -- Senior federal officials met last night with leading Wall Street executives to discuss the potential sale of ailing investment bank Lehman Brothers and review how an acquisition could affect those doing business with the firm, according to sources familiar with the discussions.
. . . the discussions centered on a wide range of issues that would arise for Lehman's trading partners and other business associates if a rescue were launched.
Fannie, Freddie to Be Kept Off Federal Budget
Saturday, September 13, 2008; D02
The White House budget office said yesterday that it has decided not to incorporate mortgage-finance giants Fannie Mae and Freddie Mac into the federal budget, c…