Buffett: Fannie, Freddie too big to fail - Houston Chronicle
Story date: 2008-08-22 06:35:00
Added on: 2008-08-22 09:01:58
NEW YORK — Billionaire investor Warren Buffett said Friday he believes mortgage giants Fannie Mae and Freddie Mac are too big to fail, but shareholder equity in those companies could be wiped out. During a live appearance on CNBC, Buffett predicted ...
Read more...
Related Stories:
-
Buffett predicts game over for Fannie and Freddie - Times Online
Warren Buffett predicted that "the game is over" for Fannie Mae and Freddie Mac, America’s two biggest mortgage financers, as independent companies,...
2008-08-22 07:04:00 -
Buffett expects government action on Fannie and Freddie - Reuters
NEW YORK (Reuters) - Warren Buffett said the U.S. economy is unlikely to improve before 2009, and that he expects the government...
2008-08-22 06:07:00 -
Worries over Fannie Mae and Freddie Mac intensify (Market Watch)
Mortgage giants Fannie Mae and Freddie Mac, are back in focus as it's reported that the Bush administration has been discussing what...
2008-07-10 06:23:45 -
Fannie and Freddie can't fail - International Herald Tribune
LONDON : Like it or not, the U.S. economy and financial system just cannot live without mortgage behemoths Fannie Mae and Freddie...
2008-07-10 05:03:00 -
Word on the Street - CNBC
A look at today's top business stories, with the Fast Money team and Addison Armstrong, Tradition Energy director of market research. Let...
2008-08-30 04:34:00 -
Yvette Kantrow: A Children's Story: NPR, NY Times and the Media fail to Explain Fannie/Freddie Debacle (HuffingtonPost)
So what, dear reader, does the federal bailout of Fannie Mae and Freddie Mac mean for you? That was the question the...
2008-09-12 12:46:54 -
A look at the big picture of the economy, politics and Hurricane ... - CNBC
The US economy grew more than expected in the April-June quarter, but will that growth continue? Clive Hyman, CEO of Hym... Let...
2008-08-30 05:46:00 -
Buffett questioned Freddie Mac profit projections as he bailed out (Lincoln Journal Star)
WASHINGTON — Years before Freddie Mac was rocked by an accounting scandal, billionaire investor Warren Buffett got on the phone with Freddie...
2007-10-24 10:49:27