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Speaking at an annual conference of real estate editors, James Lockhart, head of the Federal Housing Finance Agency, said on Thursday the government shouldn't run Fannie Mae and Freddie Mac. Lockhart should know. He leads the agency that has been doing just that since last September, when the giant mortgage insurers were put into government conservatorship. Lockhart said his experience with Fannie and Freddie as well as helping to run other government insurance programs taught him that government ownership for these types of companies doesn't work. (See what to expect when the recession ends...
...merger result in lower ticket prices for the public? Phillips said Live Nation has a history of being "aggressive" with pricing. "We walked away from bidding on Fleetwood Mac because we thought the guarantee was too high and what we'd have to charge the public would be too much," he said. Mickelson noted that Live Nation's new ticketing company introduced service fees that were even higher than Ticketmaster's: "A Coldplay ticket at a Ticketmaster building had a $15 service charge, and the same Coldplay ticket at a Live Nation ticketing venue had a $21 service charge...
...because it didn’t actually tell you anything,” recalls Gordon McKay Professor of Computer Science Harry R. Lewis, “it just told you that it was coming.” Lewis was one of the first people at Harvard to own a Mac...
...remember standing there on the corner of Oxford Street,” he says, pointing out the window of his office in Maxwell Dworkin, “with this box with the Mac logo on it.” His outstretched hand passes over bookshelves cluttered with titles such as “A History of Computing in the 20th Century” and “Operating System Principles.” On his walls are computer science charts affixed with masking tape and hangings of Japanese calligraphy. But the most prominent feature in the space is his pristine...
...just a couple of months ago is now gone, as is any notion that Beijing will stop buying huge amounts of Treasury debt anytime soon. In fact, in March, China's direct holdings of U.S. Treasury securities alone (excluding so-called agency debt issued by Fannie Mae and Freddie Mac) rose $23.7 billion, to reach a new record of $768 billion, according to preliminary U.S. data, making China far and away America's biggest creditor...