http://www.execdigital.com/ Business news for executives in the USA - Lead stories, case studies and interviews from global industries, including construction, manufacturing and energy. Fannie Mae and Freddie Mac are to be placed under federal control, the New York Times and Washington Post newspapers reported late yesterday, September 5 http://www.execdigital.com/US-government-to-take-control-of-Freddie---Fannie--reports-claim_7539.aspx http://www.execdigital.com/US-government-to-take-control-of-Freddie---Fannie--reports-claim_7539.aspx Sat, 06 Sep 2008 07:49:47 GMT Exec Digital US Pimco, the manager of the world's biggest bond fund, has named Mohamed El-Erian as its CEO to replace Bill Thompson, who will retire at the end of the year http://www.execdigital.com/El-Erian-appointed-new-Pimco-CEO_7526.aspx http://www.execdigital.com/El-Erian-appointed-new-Pimco-CEO_7526.aspx Fri, 05 Sep 2008 08:51:12 GMT Exec Digital US Private employers cut 33,000 jobs in August, according to a private report by ADP Employer Services released today, September 4 http://www.execdigital.com/Private-sector-cuts-33-000-jobs-in-August_7498.aspx http://www.execdigital.com/Private-sector-cuts-33-000-jobs-in-August_7498.aspx Thu, 04 Sep 2008 09:04:34 GMT Exec Digital US KDB’s bid to buy 25 percent Lehman stake could be blown apart by HSBC, reports suggest http://www.execdigital.com/HSBC-interested-in-buying-Lehman-Brothers_7449.aspx http://www.execdigital.com/HSBC-interested-in-buying-Lehman-Brothers_7449.aspx Wed, 03 Sep 2008 04:41:53 GMT Exec Digital US Former JPMorgan Chase & Co executive Michael Nierenberg to run Merrill Lynch & Co’s mortgage and securitization businesses; James De Mare to head mortgage trading http://www.execdigital.com/Merrill-Lynch-hires-new-mortgage-executives-_7441.aspx http://www.execdigital.com/Merrill-Lynch-hires-new-mortgage-executives-_7441.aspx Tue, 02 Sep 2008 11:48:08 GMT Exec Digital US Oil prices rise as fears Hurricane Gustav will damage drilling and refining operations mount http://www.execdigital.com/Oil-prices-up-on-Gustav-fears_7387.aspx http://www.execdigital.com/Oil-prices-up-on-Gustav-fears_7387.aspx Mon, 01 Sep 2008 05:11:48 GMT Exec Digital US