What Happened In The Market Today…21st Jan 09
What Happened In The Market Today… The market opened on a positive note after yesterday’s historic drop. The British pound was battered again amid fear about that nation’s ailing banks and the government’s costly efforts to assist them. Most overseas stock markets fell as financials declined overseas, echoing the drop seen in the U.S. Tuesday. [...]
Interesting Updates From The Market
Morgan Stanley, Goldman Search for Deposits Goldman Sachs, Morgan Stanley: Playing It Safer Blame Fannie Mae and Congress For the Credit Mess Fannie Mae to sell $2 billion bills Wednesday WaMu Deal Could Take Time Holiday sales set for worst gain in 6 years Gold Futures Extend Gains on Demand for Haven; Silver Advances Microsoft [...]
Interesting Stories That You Missed – 2
Over the past few days i came across some interesting news/facts which deserves some limelight. Fannie & Freddie Help OutGovernment-backed mortgage finance companies Fannie Mae (FNM) and Freddie Mac (FRE) will help out struggling mortgage holders to avoid foreclosures. Fannie Mae has planned to give borrowers the option of refinancing out of adjustable loans especially [...]