FRE
FRE Articles
The Treasury Department reported that in May TARP repayments to taxpayers have, for the first time, surpassed the total amount of TARP funds outstanding. “Treasury’s report showed that, through...
Published:
The Congressional Oversight Panel issued a report today which says that the Federal Reserve and Treasury Department did a poor job of rescuing American International Group (NYSE: AIG), which put $160...
Published:
Reuters: China avoided a commitment on the yuan’s value during talks with the US. Reuters: A Senate committee will look at the UAL (NASDAQ: UAUA) merger with Continental (NYSE: CAL)....
Published:
Mortgage rates hit their 2010 low on April 13 at 4.93%. At the same time, RealtyTrac announced that homes which were repossessed hit an all-time high of 92,432 in April. The figure for the year will...
Published:
Reuters: The SEC said there was no single cause of the market plunge. Reuters: The Senate approved a single audit of the Fed. Reuters: Morgan Stanley Group (NYSE: MS) is the subject of a...
Published:
Last Updated:
There are many movers today, but a lack of the double-digit gainers and losers we have seen. The movers on news this Thursday for day traders and active traders are ADC Telecommunications Inc....
Published:
Last Updated:
Freddie Mac (NYSE: FRE) lost another $8 billion in the first calendar quarter of the year. That includes $1.3 billion in dividends paid to the Treasury. Freddie might have simply kept the money. It...
Published:
MarketWatch: Asia shares were off by 2%. Reuters: Riots against austerity measures continued n Greece. Reuters: US regulators want to increase supervision of broadband. Reuters: The...
Published:
Imagine the government and taxpayers finally being out of AIG… Who doesn’t love to hate AIG? The financial crisis and the bailouts might have been much different had American International...
Published:
Last Updated:
Many tech stocks have doubled or tripled from the March market lows. Short sellers are in many cases willing to bet that ride is not over. The short interest in Micron (MU) rose 75 million shares to...
Published:
Reuters: British Air and Iberia signed a merger deal. Reuters: US Airways (LCC) and United (UAUA) are in merger talks. Reuters: A Toyota (TM) executive warned about defects in January....
Published:
Everyone loves Warren Buffett of Berkshire Hathaway (BRK.B) and the “never be evil” management of Google. Citigroup (C), Goldman Sachs (GS), and the other large firms on Wall St. are among the...
Published:
Last Updated:
Treasury Secretary Tim Geithner for some reason found it necessary to explain to a member of Congress that the debt obligations of Fannie Mae (FNM) and Freddie Mac (FRE) were not sovereign...
Published:
Ambac (ABK) may be the last of the big financial firm flameouts coming out of the credit crisis. The only probable exceptions are Fannie Mae (FNM) and Freddie Mac (FRE), which the government may...
Published:
Congressman Barney Frank and Senator Chris Dodd are not wasting any time after health care reform. In a press conference this morning, the two well-known Democrats said financial reform was next on...
Published:
Last Updated: