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| Mortgage Debt Least of Bad Bets as Investing Sinks (Update2) - Bloomberg July 28 (Bloomberg) -- The fastest inflation in 17 years and bathroom sinks vanities a fourth straight quarter of U.S. profit declines are turning debt sold by Fannie Mae and bathroom sinks vanities Freddie Mac into the favorites of the world's biggest bond investors. Pacific Investment Management Source: www.bloomberg.com The hour's top Asian news from The Associated Press - MSN UK News Asian stocks fall sharply following US plunge; Nikkei 225 sinks 287.34 pts, or 2.15 pct, in morning session India says it traded fire with Pakistan troops in Kashmir, leaving at least 4 dead Source: news.uk.msn.com German consumer confidence sinks - The Age Consumer confidence in Germany, Europe's biggest economy, dropped to the lowest in more than five years as soaring energy prices sapped purchasing power and bathroom sinks vanities the economic outlook deteriorated. GfK's index for August, based on a survey of about 2000 Source: business.theage.com.au |