| |
Search videos for fannie |
|
|
|
|
Bunning Questions Wisdom of Fannie-Freddie Buyout
Sen. Jim Bunning (R-Ky.) questions the wisdom of a government buyout of Fannie Mae and Freddie Mac during a Senate Banking Committee hearing (July 15, 2008).
Length: 129
Rating: 5.00 (44 ratings)
Tags: jim bunning fannie mae freddie mac buyout senate banking committee
|
Play |
|
|
Jim Rogers : Let the Fannie and Freddie go bancrupt
Jim Rogers in interview with Bloomberg said that government has no authority to buy Fannie and Freddie stocks and should have allowed them to go under. He said also that Paulson and Bernanke hear only Wall Street but don't care about inflation and the rest of Americans.
full interview: http://www.bloomberg.com/avp/avp.htm?clipSRC=mms://media2.bloomberg.com/cache/vIQvD7yNni2I.asf
.
Length: 577
Rating: 5.00 (128 ratings)
Tags: Jim Rogers Ben Bernanke Henry Paulson FED dollar gold Ron Paul
|
Play |
|
|
Bank worries offset Fannie rescue
Jul. 14 - A highly-anticipated government rescue plan for Fannie Mae and Freddie Mac was downplayed as the third biggest bank collapse in U.S. history added to fears.The Dow dropped 45 points to 11,055. The S&P 500 lost 11 points to 1,228. The Nasdaq fell 26 points to 2,212.
Conway Gittens reports.
Length: 117
Rating: 5.00 (7 ratings)
Tags: Fannie Mae Dow Nasdaq U.S Stocks
|
Play |
|
|
UPDATED: Bunning Questions Wisdom of Fannie-Freddie Buyout
Sen. Jim Bunning (R-Ky.) questions the wisdom of a government buyout of Fannie Mae and Freddie Mac during a Senate Banking Committee hearing (July 15, 2008).
Length: 154
Rating: 5.00 (72 ratings)
Tags: jim bunning fannie mae freddie mac buyout senate banking committee
|
Play |
|
|
Fannie, Freddie Rescue Pushes Housing Aid
PlusFannie, Freddie Rescue Pushes Housing AidFannie, Freddie Rescue Pushes Housing AidThe Associated PressA foreclosure aid plan that was facing a sluggish trip through Congress has a powerful new engine behind it: the Bush administration's urgent request to rescue mortgage giants Fannie Mae and Freddie Mac. (July 14)(Markets file, housing file, Fannie) With fresh turmoil in financial markets, and the housing slump upending another financial institution, the Bush administration's moving aggressively to shore up mortgage giants Fannie Mae and Freddie Mac.(Bernanke) To quiet investor fears about the two, it's told Fed Chairman Ben Bernanke to extend the pair a line of credit, and told Congress it wants to authority to buy up some of their shares. PAULSON SOT: "We must take steps to address the current situation as we move toward a stronger regulatory structure." FONT: Treasury Secretary Henry Paulson(Fannie file) Between them, Fannie and Freddie either own or guarantee HALF of America's mortgages, but their shares have been clobbered by fears they're low on cash. ANALYST SOT: "The biggest part of that move down, is because investors were getting concerned they were going to need to raise capital and they really didn't know how they were going to do that." FONT: Art Hogan, Chief Market Analyst, Jefferies and Company And the White House is hopeful Congress will move quickly on it.PERINO SOT: (14:30 from start) ... because we think this is urgent pieces of legislation that need to get done and that will be important for increasing confidence and stability in the market. (Fed file, housing file) The moves came as the Fed approved new lending rules aimed at thwarting the aggressive practices that fueled the sub-prime mortgage mess...(IndyMac exteriors - FONT THE LOCATION) ... and as a California bank swamped by bad loans re-opened under new management: Uncle Sam's. Officials says it's business as usual at IndyMac Bank, but customers remain worried after second-biggest financial institution failure yet. INDMOS(Standup close) What's unclear is whether the lifeline for the two mortgage giants and the Fed's new lending rules go far enough to calm markets AND homeowners. And then there's something NOBODY can know right now: whether the slumping housing market has yet hit bottom.MS, AP, WH
Length: 115
Rating: 3.70 (3 ratings)
Tags: fannie mae_freddie_mac freddie rescue pushes housing aid
|
Play |
|
|
