tonight, page-3

havent they delayed things??

http://www.cnbc.com/id/29095597

Companies:Freddie Mac | Fannie Mae | NYSE Euronext
By: CNBC.com | 09 Feb 2009 | 05:32 AM ET
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US stocks looked set to hand back some of last week’s gains at the open Monday as the much-anticipated bank rescue plan was delayed for another day.
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It is hoped the delay will give lawmakers time to settle their differences over a huge economic stimulus package, on which a vote is due Tuesday. Top aides to President Barack Obama urged Democratic and Republican lawmakers to set aside party politics in the hope of ensuring final approval for the plan.

Meanwhile, the Obama administration is piecing together a mortgage-rescue program, which could see Fannie Mae [FNM 0.65 0.13 (+25%) ] and Freddie Mac [FRE 0.64 0.12 (+23.08%) ] ease payments for hundreds of thousands of borrowers, Reuters reported citing sources close to the situation.

In Europe, UK officials and the public are outraged at plans by banks that received taxpayers money to go ahead and grand bonuses. Meanwhile, Barclays, which has not received government money, reported a 2008 profit that topped expectations but still said bonuses will be halved.