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Fannie/Freddie Bailout News May Propel Banks (WFC, PNC, USB)

By Dividend.com Staff
September 7th, 2008

fanniefreddie-bailout-news-may-propel-banks-wfc-pnc-usb

Tomorrow's open may turn out to be very strong for the financials, except for Fannie Mae (FNM) and Freddie Mac (FRE).

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2 Responses to “Fannie/Freddie Bailout News May Propel Banks (WFC, PNC, USB)”

  1. US Treasury Takes Over Fannie Mae/FNM & Freddie Mac/FRE … | SliderOnTheBlack.com Says:
    September 7th, 2008 at 11:28 am

    [...] http://www.dividend.com/blog/?p=1283 [...]

  2. Eric Says:
    September 7th, 2008 at 11:29 am

    Financials are the the biggest holders of Freddie’s and Fannie’s common and preferred share. The bailout delivers billions in instant losses to financials. Thinking financials will rally is just stupid.

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