FRE
FRE Articles
According to Reuters, Chrysler is running out of time and options for staying in business. Reuters reports that American Express (AXP) is seeking $3.5 billion from the government bailout fund....
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The head of Toll Brothers (TOL) said the housing market could not get worse, but it has anyway. People were not even bothering to come and see the homes his company builds. Those comments helped...
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The IMF said that the world banking system faces of meltdown if governments does not take immediate action to support that largest banks. Based on comments from Paulson, the US may be moving a bit...
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Henry Paulson watched the Brits come up with a new plan to save the banking system before he did. He is probably embarrassed by that. He and Bernanke seemed to have a big lead over everyone else in...
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Jim Cramer wants people to sell all of their stocks. Even though the market may keep falling, that might not be a practical solution for everyone. There are several things investors can do to at...
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When it comes to the potential failure of the US economy and banking system, China has an especially large dog in the fight. The central government and a number of large banks own hundreds of...
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Physicians who spend time in emergency rooms are trained to work on the patient and separate themselves from his pain. Doctors have learned that they must diagnose and solve problems efficiently...
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According to Reuters, the credit crisis has sharply increased the chances of a deep recession. Reuters reports that the fall in the stock market is pushing investors into safe investments like...
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According to Reuters, Congress is ready to vote on a $700 billion financial bailout package. Reuters reports that Belgian-Dutch group Fortis was nationalized Reuters reports that British mortgage...
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The cut-off for the last short interest data was September 15, before a number of financial stocks got protection from the SEC. Before the ban, short sellers were already moving out of some bank and...
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The FBI has started to look into the collapse of Fannie Mae (FNM), Freddie Mac (FRE), Lehman, and AIG (AIG). The agency is looking for fraud, the kind that was part of the Enron tragedy. The G-Men...
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According to Reuters, Warren Buffett invested $5 billion in Goldman Sachs (GS). Reuters says that the Paulson bailout plan is being attacked in Congress. Reuters reports that Japanese banks, in...
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According to Reuters, Wilbur Ross say the bailout package does not address the core of problem which is mortgage payments. Reuters writes that the National Retail Federation says that this will be...
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According to Reuters, Citigroup (C) is considering buying Washington Mutual (WM). Reuters reports that US markets rallied on word of a potential plan for the government to take over the toxic assets...
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Most Americans think that closing the markets for a day or two is the action of socialists and not an appropriate way to deal with the current credit debacle. Nevertheless, the Russians like the idea...
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