Business
Friday, August 8, 2008

The bottom line

U.S. mortgage giant Fannie Mae reported a worse-than-expected $2.3 billion loss and cut its dividend to 5 cents a share, from 25 cents a share. It was Fannie’s fourth-straight loss. (Bloomberg)

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According to Rebecca Armendariz in a Washington Blade blog, “Anyone who’s wavered on his or her opinion of Tyra Banks might want to step back and rethink things now that there’s going to be a”….?

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