Fannie Mae And Freddie Mac

Posted by: Current
in Business, Economy, General Info, Investing, Stocks
20
Aug
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Fannie Mae And Freddie Mac!

Well Fannie Mae and Freddie Mac are in the news again today. Which is one of the reasons for the Dow Jones going up and down through out the day. Wall Street is wondering if the government-chartered companies are going to need a bailout by Treasury Department. Which in turn would clear out shareholders equity. And the other reason is the price of oil is coming back down. Right now the price of oil is around $113 a barrel. We’ll see if it can hold or go below that mark by day’s end.

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This entry was posted on Wednesday, August 20th, 2008 at 1:30 pm and is filed under Business, Economy, General Info, Investing, Stocks. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

 

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