FNM – Page 2 - Page 2

Congressional Oversight Panel’s 20/20 Hindsight On AIG

The Congressional Oversight Panel issued a report today which says that the Federal Reserve and Treasury Department did a poor job of rescuing American International Group (NYSE: AIG), which put ...
Read Full Story »

The Further Weakening Of Housing

Mortgage rates hit their 2010 low on April 13 at 4.93%. At the same time, RealtyTrac announced that homes which were repossessed hit an all-time high of 92,432 in April. ...
Read Full Story »

Media Digest 5/11/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   The SEC said there was no single cause of the market plunge. Reuters:   The Senate approved a single audit of the Fed. Reuters:   Morgan Stanley Group (NYSE: MS) is ...
Read Full Story »

Media Digest (5/11/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:  Doubts about the EU plan drove markets down. Reuters:   SEC and the exchanges will boost market rules to prevent huge sell-offs. Reuters:   A Fed official said nations must rebalance their ...
Read Full Story »

Fannie Mae Says Its Long-Term Viablity May Be At Risk, Needs $8.4 Billion

Admitting what the market already knows, Fannie Mae (NYSE: FNM) said in its 10-Q that Accordingly, there continues to be uncertainty regarding the future of Fannie Mae, including whether we will continue ...
Read Full Story »

Top Day Trader Alerts (ADCT, ALU, FRE, FNM, JDSU, MED, MPEL, NBG, QCOR, TGT)

There are many movers today, but a lack of the double-digit gainers and losers we have seen.  The movers on news this Thursday for day traders and active traders are ...
Read Full Story »

Freddie Mac: Another $10.6 Billion From Taxpayers

Freddie Mac (NYSE: FRE) lost another $8 billion in the first calendar quarter of the year. That includes $1.3 billion in dividends paid to the Treasury. Freddie might have simply ...
Read Full Story »

Next Week’s Can’t Miss Earnings (MA, MRK, PFE, SIRI, CHK, GRMN, JDSU, LVS, SYMC, FNM, LVLT, AIG, CROX, KFT, NVDA, SQNM)

Earnings season is slowly getting behind us for the regular quarter-end companies.  But there are still many influential companies still reporting which can still move their respective sectors.  Many cult ...
Read Full Story »

A Government Sale of AIG, Caveat Emptor (AIG, C, MS, GS, JPM, FNM, FRE)

Imagine the government and taxpayers finally being out of AIG... Who doesn't love to hate AIG?  The financial crisis and the bailouts might have been much different had American International ...
Read Full Story »

Media Digest 4/8/2010 Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   British Air and Iberia signed a merger deal. Reuters:   US Airways (LCC) and United (UAUA) are in merger talks. Reuters:   A Toyota (TM) executive warned about defects in January. ...
Read Full Story »

Media Digest (4/6/2010) Reuters, WSJ, NYTimes, FT, Bloomberg

Reuters:   Oil dropped as the dollar strengthened. Reuters:   Samsung posted record profits. Reuters:   Greece wants to amend its aid deal with Europe and not use IMF. Reuters:   The US Transportation ...
Read Full Story »

A “Most Admired Company” List Without A Single Surprise

Everyone loves Warren Buffett of Berkshire Hathaway (BRK.B) and the "never be evil" management of Google. Citigroup (C), Goldman Sachs (GS), and the other large firms on Wall St. are ...
Read Full Story »

Geithner And The Odd Sovereign Debt Confusion

Treasury Secretary Tim Geithner for some reason found it necessary to explain to a member of Congress that the debt obligations of Fannie Mae (FNM) and Freddie Mac (FRE) were not ...
Read Full Story »

It’s Finally Over For Ambac (ABK), Shares Drop To $.62

Ambac (ABK) may be the last of the big financial firm flameouts coming out of the credit crisis. The only probable exceptions are Fannie Mae (FNM) and Freddie Mac (FRE), which ...
Read Full Story »

Will Financial Reform Be Legitimate? (AIG, GE, GS, JPM, BAC, FNM, FRE)

Congressman Barney Frank and Senator Chris Dodd are not wasting any time after health care reform.  In a press conference this morning, the two well-known Democrats said financial reform was ...
Read Full Story »