Archive for September, 2008

More details as they are known

September 6, 2008

The official Federal bailout of both Fannie Mae and Freddie Mac is in the final negotiation stages according to various news outlets.  And according to those sources, it is more of a hostile takeover than a bailout.  According to sources, the companies will be placed in conservatorship and current shares diluted to minuscule levels. While [...]

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