Top 10 News Items for the Week (07/14-07/18): GSE's Fannie and Freddie, Crude Down, Wells Fargo, Short Busting, More... Jul 18, 2008 11:58AM

StreetInsider.com's Top 10 News Items for the Week of July 14-18:

1. Over the weekend, the U.S. Treasury department announced an aggressive plan to back GSEs Fannie Mae (NYSE: FNM) and Freddie Mac (NYSE: FRE). The Treasury said it would boosts the GSEs line of credit and may purchase equity, among other things.

2. Crude fell back to $130 per barrel after three straight sessions of big losses.

3. Wells Fargo (NYSE: WFC) provided a trigger for the recovery in ...