Bad-News Friday Nights
September 8, 2008
Fred Wilson submits:
If you’ve been paying attention, the Fed likes to release bad news after the markets close on Friday afternoon. The past couple weeks, they’ve announced the failures of small regional banks.
Well today, they announced something just a little bit bigger – the government bailout/takeover of Fannie Mae and Freddie Mac, the two large mortgage finance guarantors. The markets have been expecting this for a while, but obviously not everyone was expecting it as their stock prices were $5.50 and $4 respectively when the market closed today. If everyone was expecting this, then those prices would have been a lot closer to zero.
Subscribe To Site:
Comments
Comments »
-
Recent Posts
- Mar 18 – Before the Open (SPY, rated BUY)
- Regulatory Catalyst Extreme Trades: $APPA, $APPY $ARIA, $CTIC, $SOMX (CTIC, rated SELL)
- GOLD $600 : IT’S COMING IN 2010 (GLD, rated SELL)
- Regulatory Catalyst News: $ALKS, $AMLN, $LLY, $MNKD, $SVNT (AMLN, rated BUY)
- Chesapeak Energy – Natty or Nasty? (CHK, rated SELL)
- WASHINGTON MUTUAL: 100% OF BUSTED BANKS COMMON EQUITY WILL BE CANCELED (WM, rated SELL)
- mikehavRx.com News Bytes: $DCTH, $TRA, $POT, $SUPG, $ACCP.OB, $AMLN (DCTH, rated BUY)
- RAGING BULL ON ‘MRNA’ FOR NEXT TWO WEEKS (MRNA, rated BUY)
- JPM (JPM, rated SELL)
- 18 Mar 2010 11:50:00 – Top 5 Stocks up on Unusual Volume
Translate Investors Paradise
 |  |  |  |  |  |  |  |  |  |  |  |  |
Latest S.E.C. Filings- D - SECOND ROTATION INC (0001396324) (Filer) July 30, 2010Filed: 2010-07-30 AccNo: 0001396324-10-000003 Size: 10 KB Item 06: Rule 506 […]Webmaster
- 8-K - FRONTIER COMMUNICATIONS CORP (0000020520) (Filer) July 30, 2010Filed: 2010-07-30 AccNo: 0000020520-10-000079 Size: 43 KB Item 8.01: Other Events Item 9.01: Financial Statements and Exhibits […]Webmaster
- 10-Q - CITIZENS FIRST CORP (0001073475) (Filer) July 30, 2010Filed: 2010-07-30 AccNo: 0001073475-10-000012 Size: 979 KB […]Webmaster
- DEFA14A - OLD SECOND BANCORP INC (0000357173) (Filer) July 30, 2010Filed: 2010-07-30 AccNo: 0001104659-10-040683 Size: 43 KB […]Webmaster
- 4 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Issuer) July 30, 2010Filed: 2010-07-30 AccNo: 0000788784-10-000081 Size: 6 KB […]Webmaster
- 4 - RENYI THOMAS A (0001209490) (Reporting) July 30, 2010Filed: 2010-07-30 AccNo: 0000788784-10-000081 Size: 6 KB […]Webmaster
- 4 - LILLEY DAVID (0001205336) (Reporting) July 30, 2010Filed: 2010-07-30 AccNo: 0000788784-10-000080 Size: 6 KB […]Webmaster
- 4 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Issuer) July 30, 2010Filed: 2010-07-30 AccNo: 0000788784-10-000080 Size: 6 KB […]Webmaster
- D - RamsHead Holdings Ltd (0001496455) (Filer) July 30, 2010Filed: 2010-07-30 AccNo: 0001496455-10-000001 Size: 8 KB Item 06: Rule 506 […]Webmaster
- 4 - PUBLIC SERVICE ENTERPRISE GROUP INC (0000788784) (Issuer) July 30, 2010Filed: 2010-07-30 AccNo: 0000788784-10-000079 Size: 6 KB […]Webmaster
- D - SECOND ROTATION INC (0001396324) (Filer) July 30, 2010
No comments yet.