Friday, July 18, 2008

Friday, July 18 in the news.....

  • US Mortgage giant Freddie Mac is considering raising capital by selling as much as $10 billion in new shares to investors, The Wall Street Journal has reported. Investors who plan to commit suicide within one year are the likely target demographic for stockbrokers to feed the placement.

  • Pope Benedict called for all religions to unite against terrorism and resolve conflicts peacefully on Friday and heard an Islamic leader urge Christians to overcome 'misconceptions and prejudices' about Muslims. While he was giving the heartfelt appeal, a Russian Marxist sat at the back and laughed about how the atheist Soviets created modern terrorism.

  • A Yemeni likely to be the first person tried before the US war crimes court at Guantanamo naval base was the driver for Osama bin Laden. His camel will not be used as part of the evidence.

  • Democratic presidential candidate Barack Obama raised $52 million in June, his campaign said on Thursday. Immediately after, 50 Cent held a press conference and called Barack Obama the greatest hustler in black entertainment history.