Monday???s Recap: Great Day For Stock Markets
Posted on September 08, 2008 at 21:38 PM EDT
Great day for the markets today as the government released their plan to save Freddie Mac (FRE) and Fannie Mae (FNM). The Treasury Department announced they were willing to put up as much as $100 billion into each company to ensure the companies do not go broke. The government will receive senior preferred stock for [...]
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