Fed in Crisis Mode as Fannie Mae, Freddie Mac Shake World Stock Markets

Fannie Mae, Freddie Mac Stocks plummet 18+ % after Fed official says housing market problems will continue into 2009, and the mortgage entities lack $29-46 Billion in capital. With no end in sight to the turmoil created by the housing crisis, Ben S. Bernanke said the Fed would issue new lending rules next week, and may extend its temporary financial lifeline to major Wall Street firms. Fed to