Newspaper wrap-up: Fed, Office of the Comptroller scrutinize Fannie, Freddie books

MAJOR PAPERS:

The books of Fannie Mae -- Federal National Mortgage Association (NYSE: FNM) -- and Freddie Mac -- Federal Home Loan Mortgage Corporation (NYSE: FRE) -- are being examined by the Federal Reserve and the Office of the Comptroller of the Currency to review their financial condition, according to the Wall Street Journal.
The Wall Street Journal also reported that the Chevy Volt, an electric car from General Motors Corporation (NYSE: GM), is slated to roll out in two years and it received a major boost from 36 utilities that operate in 40 states who agreed to work together to make the plug-in vehicle possible. Among the utilities are American Electric Power Company Inc (NYSE: AEP), Consolidated Edison Inc (NYSE: ED), Duke Energy Corporation (NYSE: DUK), and Edison International (NYSE: EIX).
Struggling mortgage lender Paragon is reportedly in talks with The Blackstone Group LP (NYSE: BX) about a potential takeover by Blackstone, the Financial Times reported.

OTHER PAPERS:

The New York Times reported that TiVo Inc (NASDAQ: TIVO) will today introduce a "product purchase" feature in partnership with Amazon.com Inc (NASDAQ: AMZN). Under TiVo's plan, the television remote control will be turned into a tool for buying products that are advertised and promoted on talk shows and commercials.

Get the latest on cars and trucks
from GM and all brands at AOL Autos.

#	Blogger	Posts
1	Joseph Lazzaro	118
2	Tom Johansmeyer	104
3	Steven Mallas	53
4	Connie Madon	49
5	Tom Taulli	48
6	Steven Halpern	37
7	Mark Fightmaster	37
8	Trey Thoelcke	35
9	Zac Bissonnette	25
10	Paul Foster	25
11	Brian White	24
12	Jon Ogg	23
13	Brent Archer	23
14	Melly Alazraki	22
15	Jim Cramer	22
16	Eric Buscemi	18
17	Michael Fowlkes	15
18	Michael Shulman	13
19	Elizabeth Harrow	12
20	Sheldon Liber	9

New
Used

Find out why more people track their portfolios on AOL Money & Finance then anywhere else.

Other Weblogs Inc. Network blogs you might be interested in:

Skype soap opera ends as founders set to regain stake ahead of $2B sale Big LBOs are teetering, but Wall Street still planning record bonuses Cerberus prepares gun company IPO	Is Apple closing in on Microsoft? Cramer on BloggingStocks: Investors are rethinking their snap judgments EU objects to Sun-Oracle deal
Apple updates Safari to 4.0.4 New iPod touch rumors go against the grain of "holiday lineup is set" iPhone cellular data not working? Try resetting your network settings	Bing rolls out new features, partnership with Wolfram Alpha Free boobs: It's too good to be true Yast offers ridiculously easy time tracking on the web
Electric Handheld Studded Leather Bag, Handbag of the Day Bentley Art Project Benefits Cancer Research Bvlgari Save The Children Auction At Christie's	Is Apple closing in on Microsoft? Clearwire nabs $1.5 billion Happy holidays! Google giving away free Wi-Fi