Who's your master now? - DFWstangs Forums
 
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post #1 of 1 (permalink) Old 08-05-2008, 05:32 AM Thread Starter
Married Man on 14Feb2010
 
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Join Date: Jul 2001
Location: Fort Worth, Texas (North Side)
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Who's your master now?

Quote:
Concerns about the financial health of the biggest U.S. mortgage finance company had driven Fannie Mae's borrowing costs to the highest since March the previous week and its shares had tumbled 45 percent on the New York Stock Exchange. Investors in Asia, the biggest foreign owners of Fannie Mae's $3 trillion of bonds, were asking the Treasury to bolster the government- sponsored company and its smaller competitor, Freddie Mac, said three people with knowledge of the talks.
http://www.bloomberg.com/apps/news?p...UX0&refer=home
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