Tag: Lehman Borthers
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Fed’s Plan is Not The Panacea
There was big weekened news before markets opened, Fed will rescue Fannie(FNM) and Freddie and stock futures just shot-up and so were FNM, FRE and Lehman (LEH). According to Market watch story, the White House and Federal Reserve moved to give the mortgage giants the capital they need to survive the depression in the housing…