Financial markets crash, get bailed out
Tags: BAILOUTS (Finance); FINANCIAL crises; FEDERAL Deposit Insurance Corp.; BANKING industry -- United States; AMERICAN International Group Inc.; FREDDIE Mac (Company); FANNIE Mae
Related Articles
- FDIC to Be Flexible on GSE Stock. Adler, Joe // American Banker;9/19/2008, Vol. 173 Issue 182, p3
The article reports on a September 2008 announcement from the Federal Deposit Insurance Corp. In the announcement the company indicated that U.S. banks that it supervises may get relief from restrictions on brokered deposits if they injured financially by the government takeover of Fannie Mae...
- Advisors Debate Wisdom Of Sticking With AIG Products. Hersch, Warren S. // National Underwriter / Life & Health Financial Services;9/22/2008, Vol. 112 Issue 35, p7
The article reports on the arguments pertaining to American International Group Inc.'s (AIG) financial difficulties in the U.S. underwriting. Raised concerns on whether AIG's products will make for a more difficult sale are claimed to have primarily reached to the advisors' interest. Federal...
- The Bailout of Fannie Mae and Freddie Mac. Moseley, Fred // Dollars & Sense;Sep/Oct2008, Issue 278, p10
The article presents information on the announcement by U.S. Treasury Secretary Henry Paulson that the U.S. government was taking over Fannie Mae and Freddie Mac. A brief history of these two giant home mortgage companies is provided. Due to changes in its regulation by the government, both...
- Massive bailout could be turning point for crunch. Jones, Lee // Money Marketing;9/11/2008, p5
The article reports on the implications of the bailout of Freddie Mac and Fannie Mae by the U.S. government for the credit crunch worldwide in 2008. Many believe that the decision to rescue the mortgage companies in a bailout which is the biggest in history is the first step in ending the credit...
- Rescue example. // Money Marketing;9/11/2008, p41
The author reflects on the conservatorship of Fannie Mae and Freddie Mac in the U.S. He asserts that this bailout effort of the U.S. government which is 25 times bigger than that for Northern Rock PLC in Great Britain, shows how deep this crisis of capitalism is. He notes that this bailout issue...
- Sharing Blame for Freddie, Fannie. Royce, Ed // Orange County Business Journal;10/13/2008, Vol. 31 Issue 41, p91
The author reflects on the plan of Treasury Department to address the current market turmoil through a $700 billion bailout program in Orange County, California. He stated that the Treasury Department's buy out of Fannie Mae and Freddie Mac noted the official failure of the private-public...
- America's double standards. // Asia Weekly;9/22/2008, Vol. 2 Issue 37, p23
The author reflects on the issue concerning the bailouts of mortgage companies Fannie Mae and Freddie Mac by the U.S. government. The author argues that government should prevent from intervening to the operations carried out by free business enterprises in times of the financial crisis. The...
- Boom to Bust. Allen, Mike // San Diego Business Journal;9/22/2008, Vol. 29 Issue 38, p1
The article reports on the reaction of Americans on the decision of some financial institutions due to the economic crisis in the U.S. According to the author, most of respondents, such as Dick Woltman of Girard Securities Inc., agreed on the action of Federal Reserve Bank to bail out American...
- Financial armageddon and the CDS market. // MarketWatch: Global Round-up;Nov2008, Vol. 7 Issue 11, p209
The article reports on the financial crisis in the U.S. financial services industry. The recent seizure of the troubled mortgage giants Fannie Mae and Freddie Mac by the government sent shockwaves in the market. The bankruptcy of Lehman Brothers Holdings Inc. and the nationalization of American...
