Here is all we know so far: WASHINGTON (Reuters) - The U.S. government announced on Sunday that it was taking control of troubled mortgage finance giants Fannie Mae (FNM) and Freddie Mac (FRE)...
Details on the just-announced Fannie/Freddie bailout plans are scant, but the OFHEO website has the most information. Common shareholders are being diluted immensely, but stock is not being withdra...
Warren Buffett's holding company Berkshire Hathaway (BRK.B) has been the single greatest investment of our lifetimes.His compounded annual gain from 1966 to 2007 was 21.1% for an overall gain of 40...
In an easily believable story the New York Times is reporting Loan Giant Overstated the Size of Its Capital Base.The government’s planned takeover of Fannie Mae and Freddie Mac, expected to b...
Sirius XM (SIRI) announced last Friday that it will carry all Notre Dame football and basketball games over the Internet. Sirius has enjoyed a relationship with Notre Dame football since 2004, and ...
A fall in scrap metal prices has scared investors away from Schnitzer Steel Industries (SCHN), pushing the metal-recycler's share price down by more than 50%, to $58.30 as of Friday's close. Concer...
The Labor Department reported on Friday that 84,000 jobs were lost in August 2008 indicating a 6.1% unemployment rate. This current unemployment rate is the highest since September 2003. The purpos...
Despite an extended economic slowdown and poor consumer spending numbers, PowerShares Dynamic Retail Portfolio ETF (PMR) gained momentum over the summer. While some analysts believe that the worst ...
Well, it seems like this slow motion trainwreck is finally going to compel some action. Jeeze. The more one reads the more ridiculous this whole thing is… 1. Fannie and Freddie ar...
According to a Monday, September 8 Barron's article titled "What $300-a-Barrel Oil Will Mean for You ", Charles (Charlie) Maxwell, Senior Energy Analyst at Weeden & Co., thinks $300 o...
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