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Showing 11 - 20 of 43 results for "Freddie Mac"

America on its knees

BENJAMIN ONG  |  THURSDAY, 18 SEP 2008
... light of the overnight events. "The recent events only prove that the Fed's bailout of Bear Sterns and Fannie Mae/Freddie Mac - plus AIG -- had only delayed the eventual cleansing of the financial system. The Financial Standard Intelligence Unit (FSIU) ...

Look out below

BENJAMIN ONG  |  TUESDAY, 16 SEP 2008
... entire global economy down with it. The recent events only prove that the Fed's bailout of Bear Sterns and Fannie Mae/Freddie Mac had only delayed the eventual cleansing of the financial system. The Financial Standard Intelligence Unit (FSIU) has warned ...

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
... Week's Market Movers (15 - 19 Sep 2008) The market jubilation that followed the US Treasury's rescue of Fannie Mae and Freddie Mac early last week quickly faded as problems in Lehman Brothers, Washington Mutual and American International Group reminded ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 SEP 2008
... sector which followed the US Government's decision over the weekend to seize control of mortgage lenders Fannie Mae and Freddie Mac. The Dow Jones Industrial Average fell 280.01 points, or 2.43 per cent to settle at 11,230.73, while the broader Standard ...

One step forward, two steps back

BENJAMIN ONG  |  WEDNESDAY, 10 SEP 2008
... reversal of the market's optimism that followed the 'de facto' nationalisation of US mortgage giants -- Fannie Mae and Freddie Mac - and supports our rumination that this may not be enough to significantly counter the problems in the US financial sector. ...

Instos pour $370m into Apostle fund

RUTH LIEW  |  TUESDAY, 9 SEP 2008
... interesting twist to the fund is the latest developments surrounding the Fed's propping up of twin mortgage giants Freddie Mac and Fannie Mae. This in a roundabout way is expected to fuel further interest in senior bank loan investments, said Apostle. ...

Funny Mae, Froggy Mac

BENJAMIN ONG  |  TUESDAY, 9 SEP 2008
"Fannie Mae and Freddie Mac are so large and so interwoven in our financial system that a failure of either of them would cause great turmoil in our financial markets here at home and around the globe. This turmoil would directly and negatively impact ...

Market Wrap - Morning

AAP  |  TUESDAY, 9 SEP 2008
... National Infrastructure Summit in Melbourne. The Australian share market had a strong day yesterday, following the Freddie Mac and Fannie Mae rescue, the announcement by Origin Energy of its tie-up with US gas operator ConnocoPhillips, and a revised ...

Saved by the Fed

MICHELLE BALTAZAR  |  MONDAY, 8 SEP 2008
Troubled mortgage giants Fannie Mae and Freddie Mac will be reborn in a four-pillar strategy put forward by the US government - a move that brought fast relief to the credit markets. After more than a month of deliberations, the Treasury, the Federal ...

Market Wrap - Midday

AAP  |  MONDAY, 8 SEP 2008
... noon, led by the financial sector after news that the US government would take over troubled mortgage institutions Freddie Mac and Fannie Mae. At 1200 AEST, the benchmark S&P/ASX200 had added 187 points, or 3.83 per cent to 5064.1, while the broader ...