Gordon Nixon: Legacy at a crossroads

 Globe and Mail – It was the type of operation that helped trigger the financial crisis with overaggressive mortgage sales tactics. Indeed, late last year, the US government …

Gordon Nixon: Legacy at a crossroads – The Globe and Mail

As markets tumble, all eyes on AIG

 Globe and Mail – Canada – The sharp drop for the S&P/TSX begins as the mortgage market in the United States melts down. The US government takes over Freddie Mac and Fannie Mae, …

reportonbusiness.com: As markets tumble, all eyes on AIG

Markets stage late rally on U.S. mortgage news

 Toronto Star – Ontario, Canada – New York’s Dow Jones industrials was off a slight 6.77 points to 7932.76 after a report that the US government plans to subsidize mortgage payments for …

TheStar.com | Business | Markets stage late rally on U.S. mortgage news

Epitaph for 2008: ‘I don’t know how much worse it can get: The Canadian Press

 The Canadian Press – TORONTO – The US government bails out mortgage giants Fannie Mae and Freddie Mac. Crude oil peaks at US$147.27 on July 11, then begins a long, steep decline. …

The Canadian Press: Epitaph for 2008: ‘I don’t know how much worse it can get