Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 11 - 20 of 44 results for %22Fannie Mae%22

China could own America

BENJAMIN ONG  |  TUESDAY, 24 FEB 2009
... the lifeblood of the economy. Among notable US institutions, American taxpayers only own or control a large chunk of Fannie Mae, Freddie Mac and AIG. Perhaps taxpayers could give themselves interest free loans and cheaper insurance premiums seeing that ...

Nationalisation - that ugly word

BENJAMIN ONG  |  MONDAY, 23 FEB 2009
... it, East Germany socialised most private properties. It remains a democracy. America too has taken over control of Fannie Mae, Freddie Mac and AIG. It remains a democracy. These standout democracies and many other nations including Australia (Qantas ...

Ho hum

BENJAMIN ONG  |  WEDNESDAY, 26 NOV 2008
... good times just another bail-out announcement. American International Group (AIG), Freddie (Freddie Mac) and Fannie (Fannie Mae) were bailed out less than two months ago and the equity market kept on searching for a bottom. In between, measures on top ...

In defense of Citi

BENJAMIN ONG  |  TUESDAY, 25 NOV 2008
... America's fourth largest bank to meet its maker. But Lehman served its purpose. Lehman's failure is the reason why Fannie Mae and Freddie Mac and American International Group (AIG) still survive. The aftershock of Lehman bankruptcy served as a concrete ...

Super funds are not 'blameless'

MICHAEL HOBBS  |  THURSDAY, 25 SEP 2008
... modelling did not alert them to the flow-on risks of the US sub-prime mortgage crisis, particularly with what happened with Fannie Mae, Freddie Mac, AIG and Lehman Brothers. The credit crisis has highlighted the need for pension funds to better understand ...

America on its knees

BENJAMIN ONG  |  THURSDAY, 18 SEP 2008
... repeating in 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 ...

Look out below

BENJAMIN ONG  |  TUESDAY, 16 SEP 2008
... dragging the 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) ...

Whac-a-mole

BENJAMIN ONG  |  MONDAY, 15 SEP 2008
This 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 ...

One step forward, two steps back

BENJAMIN ONG  |  WEDNESDAY, 10 SEP 2008
... a complete 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 ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 10 SEP 2008
... financial 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 ...