Early Briefing: Fannie To Get Back On Track

Here's some of the local business stories in Tuesday's paper:

* Fannie Mae is preparing to issue its first quarterly financial reports since an accounting scandal three years ago revealed deep flaws in the systems the company uses to track its earnings. The move could give the company and its allies leverage to lift government restrictions on the firm's lending activities. See story.

* A third grocer in the region, Weis Market, says it is participating in a national recall of beef suspected of being contaminated by E. coli bacteria. Giant and Wegmans have already pulled the meat from shelves. See story.

* Washington's new convention center now has a namesake: The city's first elected mayor under the District's Home Rule Charter, Walter E. Washington. See story.

* Prince George's lawmakers are seeking Maryland Gov. Martin O'Malley's support for a revised $125 million bailout of the county's hospital system. See story.

By Dan Beyers  |  November 6, 2007; 7:07 AM ET  | Category:  Morning Brief
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