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- Unemployment hits LI hard (Newsday)
www.newsday.com The bloodletting continued in the U.S. job market in October, sending the unemployment rate to a 14-year high of 6.5 percent. And employment experts expect the big losses to continue for months.
- QUICK POLL (GlobeSt.com)
www.globest.com WASHINGTON, DC-Fannie Mae and Freddie Mac’s pre-conservatorship structure--when the two were essentially government-supported agencies whose first loyalties were to its private shareholders--did not work out, Federal Reserve Bank Chairman Ben Bernanke acknowledged in remarks made via video conference on Friday to a forum at the University of California at Berkeley.
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