The way things are going, shares in Lehman Brothers (LEH) may be trading at parity with Fannie Mae (FNM) and Freddie Mac (FRE) by the time the brokerage firm shows Wall Street its new strategic plan next week.
Stocks in a tussle
Stocks were mixed Tuesday morning, in a volatile start to the session, as investors mulled lower oil prices in the aftermath of Monday's big rally sparked by the government takeover of Fannie...
Fannie & Freddie: Buying friends in D.C.
When it came to buying influence in Washington, Freddie Mac and Fannie Mae were among Corporate America's biggest spenders.
Stocks recharge in rescue rally
Stocks surged Monday, with the Dow up 290 points and the broader market also gaining as investors breathed a sigh of relief that the government has swooped in to bail out Fannie Mae and...
Mortgage bail-out rallies markets
Financial markets rally as the US government says it is taking over mortgage lenders Freddie Mac and Fannie Mae.
Fannie and Freddie 101
Call it a bailout, or a rescue, Fannie Mae and Freddie Mac are now firmly under the control of the U.S. government.
Post new comment