FRE
FRE Articles
The Fed and a number of other large central banks will put $180 billion into the markets to improve liquidity. Policy makers “continue to work together closely and will take appropriate steps to...
Published:
Last Updated:
Leaving aside the fact that the federal government has a nearly endless supply of money, especially if the Chinese continue to buy its bonds, the capital being pushed into the market is going to the...
Published:
Last Updated:
No one could quite get to the crash victim, and now it seems certain AIG (AIG) will not make it out of the wreck. After staging a rally during the day, AIG’s shares closed down 21% at $3.75. After...
Published:
Last Updated:
According to Reuters, the markets will now turn their attention to AIG (AIG) which is struggling to survive. Reuters report that the Fed will probably hold interest rates steady and signal a cut for...
Published:
Last Updated:
According to Reuters, Lehman (LEH) will seek Chapter 11 protection. Reuters reports that Bank of America (BAC) will buy Merrill Lynch (MER) for $50 billion. Reuters reports that AIG (AIG) is facing a...
Published:
Last Updated:
No one likes a sore loser and there will be plenty of those among the executives at banks and brokerage firms that will fail or be sold. A gloating winner is harder to take. The inner pride and...
Published:
Last Updated:
In the next day or two, the financial markets could hit their tipping point. It is certainly not beyond the realm of the possible that Lehman (LEH) and Washington Mutual (WM) could fail. Merrill...
Published:
Last Updated:
With Bear Stearns, Fannie Mae (FNM), and Freddie Mac (FNM) fundamentally gone as independent institutions, the Treasury and Fed have turned their attention to Lehman (LEH) and Washington Mutual (WM)....
Published:
Last Updated:
According to Reuters, Washington Mutual (WM) fell 30% to a 17-year low. Reuters reports that billionaire Carlos Slim has bought 6% of The New York Times (NYT). Reuters writes that Northrop Grumman...
Published:
Last Updated:
Citigroup Inc. (NYSE: C) has just filed with the SEC information about its perceived total exposure to Fannie Mae and Freddie Mac securities in an effort to fend off any over-exposure concerns. As...
Published:
Last Updated:
According to Reuters, Lehman (LEH) will release earnings a week early after its stock dropped 45%. Reuters reports that OPEC agreed to a surprise production cut. Reuters reports that CFOs are more...
Published:
Last Updated:
In community college Economics 101 students learn that there can be dips in bull markets. Usually these are caused by a single event like a change in the party that runs Congress. The same holds true...
Published:
Last Updated:
According to Reuters, the bailout of Fannie Mae and Freddie Mac (FRE) was greeted with cautious optimism. Reuters says the the Justice Department has hired a litigator to look into antitrust issues...
Published:
Last Updated:
Freddie Mac (FRE) is one sale at $.65. A day-trader’s dream, down from a 52-week high of $65.88. Fannie Mae (FNM) Almost a better deal. Sells off to $.65 from 52-week high of $68.60. Biodel (BIOD)...
Published:
Last Updated:
The Fly on the Wall reported this morning that "Lehman downgraded shares of Fannie Mae (FNM) and Freddie Mac (FRE) to Equal Weight from Overweight after the U.S. government said it will place Fannie...
Published:
Last Updated: