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Wednesday, December 03rd, 2008

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Posts Tagged ‘ Citigroup Corp. ’

Possible Weekend Bailout for Freddie Mac and Fannie Mae

Jul 14th, 2008 | By Jennifer Yousfi | Category: Stock Market Investing

Speculation that the U.S. government would have to step in to bail out struggling mortgage-giants Freddie Mac (FRE) and Fannie Mae (FNM) escalated as the markets set to close for the weekend.Shares recovered slightly after Reuters reported U.S. Federal Reserve Chairman Ben S. Bernanke granted Freddie Mac and Fannie Mae emergency access to the Fed’s discount window.

Tags: Ben Bernanke, BSC, Citigroup Corp., FNM, FRE, Jennifer Yousfi, MCO, subprime crisis
Posted in Stock Market Investing | Comments2008-07-14+20%3A34%3A47Jennifer+Yousfi

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