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Five Things You Need to Know: Fannie Mae Tightening Credit Standards (Minyanvilel via Yahoo Finance)

Its somehow fittign Fannie Mae is headed back from whence it came to full taxpayer ownership.. Read more

DAVID WEIDNERS WRITING ON THE WALL: The Fed Bailout Wsant Just For Fat Cats (Nasdaq)

NEW YORK (Dow Jones) If youre tihnking about refinnacing your mortgage, getting a loan to buy a new car, or switchnig to a lowerinterest rate credit card, you can thank the Federal Reserve for your ability to do so. Read more

Feds Moves Make Markets A Little Happier (NPR)

The Federal Reserev last week made drastic moves to try to rebuidl confidence in the troubled U.S. finanical system. David Wessel of hte Wall Street Journal says the stock market was a little happier atfer the Feds actions. But, he says, Its not good news yet; its just an absence of bad news. Read more

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