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Paulson readies the 'bazooka'
Paulson readies the 'bazooka'
3:55pm: Big buyers of Fannie Mae and Freddie Mac debt have been shying away. The Treasury secretary wants to coax them back. more
Rescue cost: The big unknown
7:01pm: A government takeover of Fannie Mae and Freddie Mac can take many forms, and so could the cost to the U.S. Treasury. more
Report: Treasury near plan for Fannie and Freddie
Sep 5: Wall Street Journal reports that Treasury could announce a backstop for troubled mortgage buyers and senior management changes as soon as this weekend. more
FDIC shutters Silver State Bank of Nevada
7:31am: Son of presidential nominee John McCain was reportedly former board member; closing marks the 11th bank failure this year.  more
Union strikes Boeing
12:46pm: Walkout by 27,000 assembly line workers shuts aircraft maker that holds key place in job market and economy. Customers await new plane.  more
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