Early Briefing 09.01.07

Here's how we kick off the long weekend:

Sen. Charles Schumer said that Treasury Secretary Hank Paulson expressed interesting in letting Fannie Mae and
Freddie Mac exceed mortgage-portfolio limits. A Treasury spokeswoman said the department believes that lifting the caps isn't the solution though Paulson "is interested in hearing all ideas on how to help subprime borrowers."

When AOL started, many of its workers were young and childless. But the company and its employees have grown up, and now the company is working on how to work with their lives. See story

The proposed sale of Greater Southeast Community Hospital to Specialty Hospitals of America could cost the D.C. government $60 million more than firsr thought, according to a review by the mayor's aides. See story

By Terri Rupar  |  September 1, 2007; 5:00 AM ET  | Category:  Morning Brief
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