Wednesday, March 19, 2008

Fannie Mae & Freddie Mac are to receive $200 billion relief

Stock prices rose to record levels for both companies on Tuesday in predicting a deal would be made on Wednesday. Stock prices rose more than they have with these companies in a quarter century. Office of Federal Housing Enterprise Oversight will announce $200 billion relief at 9am EST. This move is expected to have more weight than fed rate cuts.

read more | digg story

No comments:

3-2-2025

  February 28, 2025: Donald Trump, again, takes classified documents to Mar-A-Lago. US Senator Mike Lee, Elon Musk calls for United States t...