September 08, 2008 12:44 PM ET

Arrow © Photodisc/Superstock
The Treasury Department announces plans to take control of the battered mortgage companies. UAL shares plunge on bankruptcy rumors. Lehman shakes up management.

Be on red alert for market chaos

Wall Street © MSN Money

The US economy is getting worse, not better, and the 'denialists' are about to get a big, fat wake-up call. Contrarian Chronicles / Bill Fleckenstein


5 banks safe from the storm

Jon Markman

In the coming year, tens of thousands of Americans could fall victim to bank failures. Yes, this could include you. You can ignore the risk -- or move your money now. SuperModels


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Financial news center

Bailout stings Fannie, Freddie stocks, bolsters debt

Shares in mortgage finance companies Fannie Mae and Freddie Mac plunged while their debt soared Monday, one day after the U.S. government took over the companies, as investors bet the action would wipe out stockholders but fully guarantee their bonds. 9/8/2008 12:18 PM

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Video on MSN Money

An oil bottom? - Jim Jubak

An oil bottom?

Oil's down $40 a barrel from its July high, but MSN money's Jim Jubak explains why long-term oil prices are still headed up.


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Market update

[BRIEFING.COM] The major indices fall to session lows and then halt their decline.  The Dow and S&P 500 post solid gains, while the Nasdaq remains in negative territory.

Crude prices fall to session lows (-1.1% at $104.98) as the...more...

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Intraday Chart
10-Yr Note102.31-0.09
EUR/USD1.41183-0.03
GBP/USD1.75469-0.03
USD/JPY108.45987-0.44

12:44 PM ET.


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