The federal government has prepared a plan to take control of troubled mortgage giants Fannie Mae and Freddie Mac, several news outlets reported Friday night.
bailoutReports: Fannie Mae, Freddie Mac bailout setMSNBC.com: Business Fri, 09/05/2008 - 21:08
Fannie Mae Workers Watch Stock Plan DwindleNYT > Business Thu, 08/28/2008 - 17:37
The employees of Fannie Mae and Freddie Mac are reeling from financial blows as the mortgage finance companies lurch toward what could be a government bailout. Wall Street bailout aid questioned at Fed eventNewsvine - business Sat, 08/23/2008 - 11:35
Do Washington policymakers listen too much to Wall Street? A possible bailout of Fannie Mae and Freddie Mac, on the heels of similar action involving investment firm Bear Stearns, seems to send a loud signal to financial companies that the government will clean up their messes. Stocks & Bonds: Markets Rise as Fannie and Freddie FallNYT > Business Wed, 08/20/2008 - 19:50
Stocks rose as bank and energy shares rebounded even as investors dumped Fannie Mae and Freddie Mac on expectations of a government bailout. Fannie, Freddie shares lose 25 percent of valueMSNBC.com: Business Wed, 08/20/2008 - 15:01
Shares of Fannie Mae and Freddie Mac lost more than a quarter of their value on Wednesday as fears mounted that the mortgage financiers will soon need government support and any bailout would hang stockholders out to dry. Fannie, Freddie capital raising options uncertainNewsvine - business Wed, 08/20/2008 - 04:05
As mortgage financiers Fannie Mae and Freddie Mac struggle with continuing credit losses, their ability to raise needed capital is uncertain and, analysts say, is complicated by the possibility of a government bailout of the two companies. Some Investors Say U.S. Bailout of Housing Giants Is InevitableNYT > Business Tue, 08/19/2008 - 21:07
Financial conditions are continuing to worsen at Fannie Mae and Freddie Mac, leading some investors to prepare for a government bailout of the housing giants. 8,500 U.S. Banks; Many Will Die SoonDigg - Business & Finance Mon, 07/21/2008 - 08:30
I called the death of Indymac on July 7th. The FDIC seized Indymac on July 11th. I called the implosion of the 2 Gov't Sponsored Entities in the mortgage biz, Fannie Mae and Freddie Mac on July 9th. Jim Rogers: the US has doubled its national debt in one weekend ...Newsvine - business Sat, 07/19/2008 - 23:56
a video of jim rogers talking about the recent freddie mac/fanny may bailout ALL BUSINESS: Don't count on ailing-dollar bailoutNewsvine - business Fri, 07/18/2008 - 11:28
Federal rescue plans are all the rage in Washington right now, for what seems to be everything but the dollar. |