Holy Mother of Free Markets! Fannie and Freddie taken over by the Feds
I just saw this on Yahoo:
The U.S. government plans to put troubled mortgage finance companies Fannie Mae (FNM) and Freddie Mac (FRE) under federal control, the New York Times and Washington Post newspapers reported on Friday.
Either they are or they are not public companies – this helps to clear things up a little. Let the chaos continue!
Related articles by Zemanta
- Greenspan: Fed Is Not A Magic “Piggy Bank”
- Greenspan: Don’t Use Fed As A “Magical Piggy Bank”
- Greenspan: Fed isn’t a ‘magical piggy bank’
- The U.S. government weighs bailouts for mortgage lenders as IndyMac bites it
- Shares of mortgage giants continue to fall as the government debates whether to intervene.
- Treasury near plan for Fannie and Freddie – report
- Fannie Mae and Freddie Mac bailouts as America heads for recession
- Freddie and Fannie shares fall again
- The ‘Too Big to Fail’ Problem
- Boss of troubled mortgage firm Freddie Mac had been warned four years ago
Other DeepMarket Articles
- The Physics of the Markets
- The State and Future of Twitter 2010
- Applications of Virtualization, Cloud Computing, and Convergence in the Next-Generation Data Center
- AdWords to Permit the Advertisement of Hard Alcohol
- Best Practices and Processes for Improving the Business Value of IT
Recommended by DeepMarket
- Why the dream of social media marketing is over (LEADS Explorer)
- The afterburner of a viral press release using free distribution (LEADS Explorer)
- The Valley of Mediocre between Land of Free and Premium Highland (LEADS Explorer)
- The Oracle of customer retention and tribe (LEADS Explorer)
- The Origin of Salesmen Species – not by Darwin (LEADS Explorer)
