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calculatedriskblog.com - 1/27/2009
Fannie to ask for up to $16 Billion
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From the Fannie Mae 8-K SEC filing today: Fannie Mae (formally, the Federal National Mortgage Association) is in the process of preparing its financial statements for the fourth quarter of 2008 and the year ended December 31, 2008. Based on preliminary unaudited information concerning its ...
breitbart.com - 1/30/2009
Feds allege plot to destroy Fannie Mae data
— breitbart.com — URBANA, Md. (AP) - The Justice Department says it foiled a plot by a fired Fannie Mae... contract worker in Maryland to destroy all the data on the mortgage giant's 4,000 computer servers nationwide. The U.S. Attorney's Office says 35-year-old ... (more) Feds allege plot to destroy Fannie Mae data

Comments vote down QandO found this 1/30/2009found this
What to do about Fannie Mae and Freddie Mac?
woodwardhall.wordpress.com - 1/27/2009
What to do about Fannie Mae and Freddie Mac?
— woodwardhall.wordpress.com — Here are our recommendations. A discussion follows. The GSEs should be preserved, mainly because they are the... most effective institutions for providing liquidity to the mortgage market. Most mortgage investors, including depositories, prefer ... (more) What to do about Fannie Mae and Freddie Mac?

Comments vote down EconLog: Library of Economics and Liberty found this 1/27/2009found this
reuters.com - 1/27/2009
Fannie, Freddie may tap U.S. Treasury for $51 bln
— reuters.com — NEW YORK (Reuters) - Fannie Mae and Freddie Mac could tap the government for up to $51... billion in coming weeks, exceeding some Wall Street estimates, so they can continue to operate as the largest providers of funding for U.S. residential mortgages. ... (more) Fannie, Freddie may tap U.S. Treasury for $51 bln

Comments vote down FT Alphaville found this 1/27/2009found this

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FT Alphaville:  Further reading

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Further reading
FT Alphaville — ... Will January 26 2009 be remembered as the day corporate America slashed the most jobs ever ? - The Fed considers altering its forecasts : long-run trends may not be restored in three years. - “Morgan Stanley’s John Mack, a chief executive officer who loves a prank, sent three of his deputies small, gray electronic blood pressure machines with Velcro wristbands.” - Pfizer has bet $4.5bn that it can count on the banks to lend . - “Fannie Mae to ask for up to $16bn ” - The TARP-linked index: “ not looking good ” - “Quelle surprise! Big ...

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