Freddie Mac secretly paid a Republican consulting firm $2 million to kill legislation that would have regulated and trimmed the mortgage finance giant and its sister company, Fannie Mae, three years before the government took control to prevent their coll

Related News•Wall Street's unprecedented tumultuous week in its 216-year history closed with a dramatic two-day rally as investors celebrated an unprecedented government plan to cleanse banks of the bad mortgages that touched off a crisis in world fina

The J.E. Robert Cos. began in 1981 as a sleepy private real estate investment firm in Alexandria with a seemingly boring business aimed at helping federal agencies like the Federal Home Loan Bank sell off troubled real estate assets.

Lehman Bros. took a beating Monday after the nation's No. 3 investment bank said it would have to raise $6 billion in capital to help cover second-quarter losses.

LONDON -(Dow Jones)- The U.K. government will work on detailed plans to temporarily guarantee securities backed by new mortgages as recommended in a final report by former HBOS chief James Crosby, U.K. Chancellor of the Exchequer Alistair Darling said Mon