Top Stories Photos and Slideshows

HIGHLIGHT

Secretary of the Treasury Henry Paulson (L) and Jim Lockhart, Director of the the new independent regulator, the Federal Finanace Agency (FHFA), announce that the government is taking control of mortgage finance companies Fannie Mae and Freddie Mac during a news conference at the Office of Management Supervision in Washington, DC, September 7, 2008. (Joshua Roberts/Reuters) Sun Sep 7, 7:27 PM ET