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Global Investing Roundups
August 13, 2008
Mitsubishi Seeks CA Bank; Bargain Hunters Boost TJX; BP Takes Precautions in Georgia; LDK Shines in Second Quarter; Trade Deficit Shrinks on Record Exports; Budget Deficit Triples its Record; Freddie...
Tags
federal government
stimulus package
Market Report
From
Jutia Group
Stock Picks and Trade Ideas for the week ahead - RMBS, TRN, COMS, JPM, FNM
August 08, 2008
Chart courtesy of stockcharts ( click to enlarge ) FNM sure took a hit in July and managed to find support around 10-14 with upside volume starting to pick up. The stock broke down its support on...
Tags
JPM
COMS
RMBS
From
AC Investor Blog
Ex-Fed Chief Greenspan Changes His Tune and Blasts the Housing Bubble He Helped Create
August 07, 2008
The housing bubble was former U.S. Federal Reserve Chairman Alan Greenspan’s doing - plain and simple. He gave birth to it, nurtured it, protected it, and guided it during every stage of its...
Tags
alan greenspan
fed chief
News
From
Jutia Group
Government Bailout Of GSEs More Likely Experts Say
August 06, 2008
After Freddie Mac reported a second-quarter net loss of $821 million, more than triple most analysts’ forecasts — Bill Gross, one of the world’s largest mutual fund managers, focusing mostly on bonds,...
Tags
Business & Finance
From
Wall Street Pit
Freddie Ramps Up Mortgage Servicer Incentives
July 31, 2008
Freddie Mac (FRE), one of the nation’s largest investors in residential mortgages, announced on Thursday the doubling of the financial incentives it pays for each workout that keeps a delinquent...
Tags
Business & Finance
From
Wall Street Pit
Bush Signs Massive Housing Rescue Bill
July 30, 2008
President Bush signed into law on Wednesday a sweeping housing rescue plan aimed at helping an estimated 400,000 homeowners pay off their troubled mortgages and replace them with more affordable,...
Tags
Business & Finance
From
Wall Street Pit
Congress Mortgages the Economy’s Future to Save Fannie Mae and Freddie Mac
July 29, 2008
With President Bush no longer threatening a veto , the subprime mortgage and Fannie Mae (FNM) and Freddie Mac (FRE) “bailout” bill sailed through Congress. In anticipation of its enactment, Congress...
Tags
debt limit
president bush
bailout
From
Jutia Group
Obama and McCain Shift Focus to U.S. Economy
July 29, 2008
Now that presidential hopeful Barack Obama has returned from a tour of the Middle East and Europe, he and his Republican rival, John McCain , are squaring off on the status of the U.S. economy, which...
Tags
News
robert rubin
NAFTA
From
Jutia Group
Congress Mortgages the Economy’s Future to Save Fannie Mae and Freddie Mac
July 28, 2008
Tags
Home Page
From
Money Morning
Second Quarter GDP Release Set to Confirm or Deny U.S. Recessionary Fears
July 28, 2008
A hectic week on the economic calendar is highlighted by the initial look at second quarter gross domestic product (GDP). Remember, a recession is defined as two consecutive quarters of negative...
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hot news
stock market news
News
From
Jutia Group
Short Selling Rule Might Expand Beyond 19 Major Financial Co’s
July 27, 2008
Renewed scrutiny lately, against “naked” short selling is pushing the Securities and Exchange Commission (SEC) to extend its measures in order to prevent further market manipulation. According to WSJ -...
Tags
Business & Finance
From
Wall Street Pit
Congress Approves $300 Billion Housing Rescue Bill
July 26, 2008
The U.S. Congress approved on Saturday a major housing market rescue bill. The Senate and House took immediate action on the 694-page HR 3221 bill - that proposes, effective October 1, $300 billion in...
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Featured
Business & Finance
From
Wall Street Pit
With Fannie/Freddie Bailout Plan, Treasury Secretary Paulson is Armed and Dangerous
July 25, 2008
With the nation’s financial infrastructure crumbling before our very eyes, the country’s top two economic policymakers made their way to Congress last week for an extraordinary episode of political...
Tags
News
fannie
Fannie Mae
From
Jutia Group
Prepare to Profit From the Trillion Dollar U.S. Budget Deficit
July 25, 2008
The federal budget deficit hasn’t received a lot of press lately, what with all the worries about the U.S. financial system, the home mortgage market, and the rescues that might be necessary to save...
Tags
financial solvency
Politics & Government
budget deficit
From
Jutia Group
Paulson Continues to Advocate Potential $25 Billion Bailout of Fannie Mae and Freddie Mac
July 22, 2008
Tags
Top News
Fannie Mae
From
Money Morning
Fishing for Profits in the Fannie/Freddie Flotsam
July 21, 2008
Tags
Main Essay
Fannie Mae
From
Money Morning
Fannie Mae and Freddie Mac Shares Boosted by Plans for Capital Raise, Government Help
July 20, 2008
Tags
Fannie Mae
Top News
From
Money Morning
Inside Wall Street: That Ticking Sound You Hear Out in the Mortgage Market is the FHA
July 18, 2008
The fundamentals of economic strife based on the disastrous collapse of the U.S. housing market will not get better any time soon. In fact, what’s being pushed through both houses of Congress, even as...
Tags
housing market
economic strife
FHA
From
Jutia Group
SEC’s Order On Short Selling Might Exempt Market Makers
July 17, 2008
Apparently, old habits die hard. Based on reports from WSJ - U.S. regulators are now having second thoughts about applying restrictions on short-selling for market makers. If you recall, on Tuesday -...
Tags
Business & Finance
From
Wall Street Pit
The Lost Decade: How the U.S. Financial Crisis Resembles Japan’s Ten Years of Misery - And How to Play it
July 17, 2008
If you think the “Lost Decade” Japan endured during the 1990s was deep and painful, stick around: As the global financial crisis that was jump-started by the meltdown of the subprime mortgage market...
Tags
meltdown
japan in the 90s
Featured
From
Jutia Group
God, Guns and Gold
July 16, 2008
Give capitalism a chance… Last night, we attended a birthday party for our old friend, Lord Rees-Mogg. Tout London was there - Maggie Thatcher and David Cameron, for example. We had heard that Mrs....
Tags
capitalism
american
ronald reagan
From
Jutia Group
Turbulent Credit Markets and Inflation Undermine Attempts by Paulson and Bernanke to Bolster Investor Confidence
July 16, 2008
Both U.S. Treasury Secretary Henry Paulson and Federal Reserve Chairman Ben S. Bernanke were called to the carpet yesterday (Tuesday) to explain to Congress how continued turbulence in U.S. credit...
Tags
News
From
Jutia Group
Stocks Finish Mixed In Choppy Session
July 15, 2008
Stock futures, following yesterday’s negative session, signaled a heavy opening for the stock market on Tuesday. Shares of Fannie Mae (FNM) and Freddie Mac (FRE) were once again under selling pressure...
Tags
Business & Finance
From
Wall Street Pit
SEC To Limit Naked Short Selling Of Wall Street Firms
July 15, 2008
The SEC has traditionally defended the view that protections against abusive short selling are important for issuer and investor confidence. In an emergency action aimed at limiting the ability of...
Tags
Business & Finance
From
Wall Street Pit
Inside Wall Street: The Fannie Mae/Freddie Mac Bailout is Necessary - But Don’t Expect a Happy Ending
July 15, 2008
It’s the end of the “ American Dream .” It’s the story of how the inevitable bailout of insolvent housing giants Fannie Mae (FNM) and Freddie Mac (FRE) - with the Federal Housing Administration soon to...
Tags
News
Fannie Mae
American dream
From
Jutia Group
In Search of a Market Bottom: Position Yourself for Profits No Matter Which Way the Market Moves
July 15, 2008
In a Money Morning commentary back in April , I suggested that while we’d hit a new market bottom , we almost certainly hadn’t hit the market bottom . So have we now? That’s tough to say, although...
Tags
market bottoming
blue chips
a new market bottom
From
Jutia Group
As Treasury’s Paulson Prescribes Bailout for Fannie Mae and Freddie Mac, Guru Jim Rogers Predicts an “Unmitigated Disaster”
July 15, 2008
Standing on the steps of the U.S. Treasury building across the street from the White House , Treasury Secretary Henry Paulson asked Congress for the power to prop up Fannie Mae (FNM) and Freddie Mac...
Tags
Jim Rogers
Treasury Department
Henry Paulson
From
Jutia Group
Inside Wall Street: The Fannie Mae/Freddie Mac Bailout is Necessary - But Don’t Expect a Happy Ending
July 14, 2008
Tags
Freddie Mac
Home Page
Fannie Mae
From
Money Morning
Stocks End Lower Amid Bank Worries
July 14, 2008
The stock market had a solid open on Monday morning after the Treasury and the Federal Reserve announced Sunday they would aid Fannie Mae (FNM) and Freddie Mac (FRE) through a three-part government...
Tags
Market Update
From
Wall Street Pit
Subprime Crisis Again in the Spotlight as the Meltdowns of Fannie Mae and Freddie Mac Fuel Fears of a Deeper Downturn
July 14, 2008
We’ve been warning you since the start that the subprime crisis would have some real staying power. Indeed, every time optimistic prognosticators have predicted an end to this global financial debacle,...
Tags
News
economic calender
earnings estimate
From
Jutia Group
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