Freddie Mac

 
Bank of America gets big govt bailout
Bank of America gets big govt bailout
Bank of America Corporation was rescued by the United States government on Friday through a $20-billion bailout and a guarantee for about $100-billion of potential losses on toxic assets to cushion the blow from a deteriorating balance sheet at Merrill Lynch & Co, its recently acquired...
Political cost of the rescue plan
Political cost of the rescue plan
'You can always rely on the United States to do the right thing," quipped Winston Churchill, "once it has exhausted the alternatives."
Banks are architects of the crisis
Banks are architects of the crisis
The world's financial markets remain at the eye of a perfect economic storm. The architects of this almighty financial sell-off? The banks...
It's the Fred and Fan show
It's the Fred and Fan show
Stock markets were in a good mood last Monday after the United States treasury announced it was putting the two big beasts of the American mortgage...
US stocks plummet amid credit crisis
US stocks plummet amid credit crisis
United States stocks were in a dramatic sell-off on Monday morning amid a widening credit crisis, as bank failures and takeovers threatened to...
Fannie, Freddie CEOs denied exit bonuses
Fannie, Freddie CEOs denied exit bonuses
United States regulators will not allow mortgage giants Fannie Mae and Freddie Mac to pay their departing chief executives multimillion-dollar...
US terms set to review Fannie, Freddie exit pay
US terms set to review Fannie, Freddie exit pay
US financial regulators have decided how multimillion-dollar severance packages for the departing chief executives of mortgage giants Fannie Mae...
Wall Street soars on Fannie, Freddie bail-out
Wall Street soars on Fannie, Freddie bail-out
United States stocks rose on Monday as investors bet Washington's bail-out of mortgage finance giants Fannie Mae and Freddie Mac would stabilise...
Asia, Europe banks surge on US housing bailout
Asia, Europe banks surge on US housing bailout
Asian and European bank shares soared on Monday after the United States government took control of mortgage finance firms Fannie Mae and Freddie...
US govt takes over Fannie Mae, Freddie Mac
US govt takes over Fannie Mae, Freddie Mac
The United States government on Sunday seized control of mortgage finance companies Fannie Mae and Freddie Mac in an aggressive move to help the...
US government 'bazooka' may save Fannie, Freddie
US government 'bazooka' may save Fannie, Freddie
Can Treasury Secretary Henry Paulson's "bazooka" save mortgage finance titans Fannie Mae and Freddie Mac from a calamitous meltdown?
'Worst to come' for US financial crisis
'Worst to come' for US financial crisis
Share prices dropped sharply on the world's financial markets early last week amid fears that the year-long credit crunch is entering a dangerous...

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