red states rule
06-21-2010, 05:17 AM
Remeber when Pres Bush and Republicans tired to rein in Fannie and Freddie and wanted to tighten the credit requirements?
We were told there was nothing wrong with Fannie and Freddie
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Well here is the result of another government program
Fannie Mae and Freddie Mac to Officially become Penny Stocks (FNE, FRE)
Posted June 19th, 2010 by theStockMasters... in Financial News
Freddie Mac (NYSE:FRE) shares hit a new 52-week low today of 40 Cents on Friday and its partner in crime Fannie Mae (NYSE:FNM) hit rock bottom at 35 cents. The reason? The NYSE said enough to these two U.S. government mortgage giants as they will be delisted from the exchange soon be trading on the over-the-counter (OTC) market starting July 8th.
http://www.thestockmasters.com/FNE-FRE-FANNIE-FREDDIE-PENNY-STOCKS-06192010
We were told there was nothing wrong with Fannie and Freddie
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Well here is the result of another government program
Fannie Mae and Freddie Mac to Officially become Penny Stocks (FNE, FRE)
Posted June 19th, 2010 by theStockMasters... in Financial News
Freddie Mac (NYSE:FRE) shares hit a new 52-week low today of 40 Cents on Friday and its partner in crime Fannie Mae (NYSE:FNM) hit rock bottom at 35 cents. The reason? The NYSE said enough to these two U.S. government mortgage giants as they will be delisted from the exchange soon be trading on the over-the-counter (OTC) market starting July 8th.
http://www.thestockmasters.com/FNE-FRE-FANNIE-FREDDIE-PENNY-STOCKS-06192010