And the Nikkei 225 opened up +306.91 that’s plus +2.5% to 12,519.14 as of 9/8 9:15am Tokyo time. > I love the headlines that...
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So much for a relaxing weekend! We spilled plenty of pixels on Fannie (FNM) & Freddie (FRE)this weekend, as did lots of other folks....
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I am still working my way through the details of the GSE takeover by Treasury, but here is my initial read of the details: • FHFA will...
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Here are the official statements on the Fannie & Freddie bailouts: Statement by Secretary Henry M. Paulson, Jr. on Treasury and...
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September 5, 2008 The Honorable Henry M. Paulson, Jr.Secretary United States Department of the Treasury1500 Pennsylvania Avenue,...
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As wee discussed Saturday, the details of the Fan-Fred bailout will be announced early Sunday at 11 am. In my opinion, this is very...
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Jim McTague, a dyed in the wool Republican, is surprisingly negative on the McCain/Palin team. Recall that McTague forecast the GOP would...
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Congressman Barney Frank, Chairman of the Financial Services Committee, says this is really happening: "Rep. Barney Frank (D.,...
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Last evening, we asked what are the costs and consequences, as well as the market reaction to, the imminent bailout of Fannie Mae (FNM)...
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A series of high-level meetings between Federal Reserve Chairman Ben Bernanke, Treasury Secretary Henry Paulson, and the chief executives...
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