Fannie Mae/Freddie Mac

Washington's $6.3 trillion bailout

The US government's tab (and the taxpayers' tab) for fighting the financial crisis grows week by week, and the potential bill is far into 13 figures already. For all the fury over Treasury Secretary Henry Paulson's $700 billion...

Four stocks for December and beyond

Commentary: The turmoil has created some real values ALEXANDRIA, Va. (MarketWatch) -- Yielding 4.5 percent, and trading at 12x forward P/E, the stock is poised to pop, and we have a one-year target of $35. Apple has one of the...

Avoiding your own mortgage collapse

It used to be that homeowners struggling to meet their mortgage payments had two options -- refinance or sell the house. Foreclosures happened mainly to those who lost a job or suffered a medical misfortune.

InvestSource, Inc.: Hunt Gold Corp. Announces $620 Million Sale

Molybdenum. The Company's stock is currently trading at US$0.0003 in the market. Once the value of the Company's 14 (fourteen) Gold Mining Properties, already significantly increased by the steady rise in the price of Gold, to...

Public Nuisances

WASHINGTON -- There is a condign symmetry about this financial crisis. A government-induced crisis is getting a government-insured resolution. The excesses of Freddie Mac and Fannie Mae are being mopped up by huge federal...

Every Trick in the Book

“Conditions have deteriorated on a scale and with a speed that no one could have predicted just a few months ago. Market conditions of unprecedented strength are roiling the world’s financial markets. The global economy is...

2008 Winding Down With Bay Area Real Estate Purchases Revving Up

We witnessed some of our largest financial institutions go under, Fannie Mae and Freddie Mac both become taken over by the government and the stock market loose nearly 4 trillion dollars. We have witnessed world renowned...

Fed pledges gigantic bailout programme

Highlights Economic stimulus packages to help mitigate recession ECB set to slash interest rates Dollar unfazed by Fed policy The dollar plummeted temporarily this week; EUR-USD rose over 1.30 for the first time in a month. And...

Off to Work They Go

Barack Obama has stacked his cabinet with clever economists, but can they work together? The Economist When The Economist asked academic economists in September which presidential candidate would pick the better economic team,...

Singing the blues

When Citigroup was formed a decade ago, in a merger that reshaped banking, the deal's architect, Sandy Weill, basked in the limelight and admitted to feeling like a rock star. The boss these days, Vikram Pandit, must feel more...

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