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Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: blazenzim who wrote (36882)	7/12/2008 7:08:58 AM
From: Real Man	Read Replies (1) \| Respond to of 217552

U got the guts. I was thinking about getting long FRE on Friday morning. Too scared, missed 100% gain. LOL!

To: blazenzim who wrote (36882)	7/12/2008 9:10:22 PM
From: gregor_us	Read Replies (1) \| Respond to of 217552

Fannie, Freddie to Get $15 Billion From U.S., the Times Says By Jenny Gross July 12 (Bloomberg) -- Henry Paulson, the U.S. Treasury secretary, is planning a $15 billion capital injection into U.S. mortgage companies Fannie Mae and Freddie Mac, the Times of London reported, without citing anyone. The plan is ``high'' on the list of solutions to the nation's mortgage crisis, the newspaper said. In exchange for the capital, the U.S. government would get a new class of shares, the newspaper reported, citing no one. Paulson's plan also would allow the two mortgage companies to use the Federal Reserve's discount window so they can borrow from the central bank, the Times reported. Fannie Mae and Freddie Mac own or guarantee almost half the $12 trillion of home loans in the U.S. and lost about half their market value last week on speculation of a government bailout, the London-based newspaper said. To contact the reporter on this story: Jenny Gross at jgross12@bloomberg.net. bloomberg.com Gregor