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Paulson changes the rules
Paulson changes the rules
7:44am: By taking control of Fannie and Freddie, the Treasury Secretary risks making it harder for other troubled financial firms to raise money.  more
Fannie, Freddie stock in nose dive
9:57am: Common shares of both twin mortgage buyers plummet in first trading session after government enacts rescue plan. more
Aftershocks: More bank woes
8:29am: Government seizure of Fannie and Freddie could cause problems, even failure, for many small banks, even if it helps to stabilize the battered mortgage market. more
Altria buys UST for $10B
9:58am: The Marlboro-maker purchases the smokeless tobacco manufacturer for $69.50 per share in cash. more
Washington Mutual CEO Killinger is out
Sep 7: The long-serving chief will be replaced by Alan Fishman, who formerly served as COO of Sovereign Bank. more
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World's 25 biggest companiesOnce again, Wal-Mart grabs the No. 1 spot on Fortune's Global 500 list. See which other companies are the largest on the planet. more
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