Fannie

The Federal Housing Finance Agency has directed Freddie Mac and Fannie Mae to delist their common and preferred stocks from the New York Stock Exchange and any other national exchanges. Trading in both companies' shares has been halted on the news.

Undercover Boss often features down-and-out employees whose personal stories eclipse the company's problems. At times, these episodes seem contrived, but Sunday's episode, which featured Chris McCann, the president of 1-800 Flowers, is the exception.

The Obama administration's plan to help struggling home owners refinance ARMs into affordable fixed-rate loans has hit a snag: So many distressed borrowers are upside down on their homes that they can't qualify for refinancing. Enter the Federal Housing Finance Authority, which announced on July...