TITLE

Penny Stocks

PUB. DATE
September 2008
SOURCE
National Mortgage News;9/1/2008, Vol. 32 Issue 47, p4
SOURCE TYPE
Trade Publication
DOC. TYPE
Editorial
ABSTRACT
The author comments on the possible investment of the U.S. federal government to bail government-supported enterprises (GSEs) Fannie and Freddie Mac out from penny stock range. The author points out that the bailout calls into question the public-private structure of the two GSEs if the federal government is to provide them a bailout. The author urges the industry has to work out the mounting overdues and foreclosures to calm the shaky mortgage industry down.
ACCESSION #
34239352

Tags: EDITORIALS;  BAILOUTS (Finance);  FANNIE Mae;  FREDDIE Mac (Company);  PENNY stocks;  FEDERAL government

 

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