Updated throughout the day.
The CEOs of Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE) are each expected to be rewarded with $4 million to $6 million pay packages (various).
California may have to appeal to the US government as its $21 billion debt problem grows worse. (Bloomberg)
Warren Buffett’s Berkshire Hathaway (NYSE:BRK.A) may be considering buying GMAC ResCap. (Reuters).
Douglas A. McIntyre
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