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Government plan for Fannie, Freddie to hit shareholders WASHINGTON (Reuters) - The U.S. government plans to take over Fannie Mae and Freddie Mac and all shareholders of the two mortgage giants will take a hit, an influential lawmaker said on Saturday.
Ferocious Hurricane Ike threatens Cuba and Gulf HAVANA (Reuters) - Hurricane Ike barreled toward Cuba as an extremely dangerous Category 4 storm on Sunday and was forecast to sweep into the central Gulf of Mexico as a large and powerful storm echoing Hurricane Gustav.
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