It's Over. Fannie Mae/Freddie Mac to Likely be Put in Conservatorship. (user search)
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  It's Over. Fannie Mae/Freddie Mac to Likely be Put in Conservatorship. (search mode)
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Author Topic: It's Over. Fannie Mae/Freddie Mac to Likely be Put in Conservatorship.  (Read 1947 times)
2952-0-0
exnaderite
Junior Chimp
*****
Posts: 7,242
« on: July 11, 2008, 01:24:41 PM »
Ugh...and I lost 190k shorting Fannie so far...

Granted it's a fantasy stock market, but oops...
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2952-0-0
exnaderite
Junior Chimp
*****
Posts: 7,242
« Reply #1 on: July 13, 2008, 12:34:27 AM »
Word on the street is that the US Government is bailing them out with $15 billion while diluting the shares.

Anyone who shorted on Friday is getting a handsome payout.
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