Former chairman and CEO of mortgage finance company Freddie Mac Leland Brendsel agreed to a consent decree Tuesday to settle administrative charges filed by the Office of Federal Housing Enterprise Oversight (OFHEO) , which maintains government oversight of Freddie Mac and Fannie Mae, in December 2003. Under the consent order, Brendsel will pay a $2.5 [...]

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Pakistani President Pervez Musharraf's Saturday declaration of emergency rule is likely to end in two to three weeks, ruling Pakistan Muslim League party president Chaudhry Shujaat Hussain told Pakistan's English newspaper Dawn Tuesday. Hussain said that Musharraf understands the consequences of an extended declaration of emergency, and that it was enacted reluctantly from the start. [...]

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UN Special Envoy for Myanmar Ibrahim Gambari will meet with Myanmar opposition leader Aung San Suu Kyi on Thursday, Gambari told diplomats during a one-hour briefing Wednesday. Gambari had originally proposed a meeting with both Suu Kyi and a member of the military government, but said that the junta rejected the idea. Gambari has met [...]

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