Paulson pulls the trigger on Fannie & Freddie
Taxpayers left on the hook for how much?
Noon Sunday
- Paulson lays out plan for Fan-Fred - Wall Street Journal
- Treasury engineers takeover - Bloomberg
- GSE takeover - Reuters
- Bernanke endorses move - Reuters
- U.S. unveils takeover of Fannie, Freddie - New York Times
Comments
One Comment on Paulson pulls the trigger on Fannie & Freddie
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david on
Sun, 7th Sep 2008 1:21 pm
I wonder if Freddie and Fannie stocks are headed up or down on Monday?
According to this article, Fannie and Freddie stock remains untouched by conservatorship, and will trade as they always. This comes directly from Treasury, so I’m quite confident the stocks will trade as normal:
http://www.ehow.com/how_4503604_mac-fre-stock-during-conservatorship.htmlHow to Trade Fannie Mae (FNM) and Freddie Mac (FRE) Stock During Conservatorship
Whether they trade higher or lower remains to be seen!
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