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fannie freddie

Forex Trading - Copy of Paulson statement

Posted by Forex Bob on Fri, 07/11/2008 - 9:40am in

"Today our primary focus is supporting Fannie Mae and
Freddie Mac in their current form as they carry out their
important mission.
   
    We appreciate Congress' important efforts to complete
legislation that will help promote confidence in these
companies. WE are maintaining a dialogue with regulators and
with the companies. OFHEO will continue to work with the
companies as they take the steps necessary to allow them to
continue to perform their important public mission."

Forex Trading Paulson talks and markets sell off - Backing in "CURRENT" form - market taking this as no govt bail out

Posted by Forex Bob on Fri, 07/11/2008 - 9:32am in

*PAULSON SAYS FOCUS IS BACKING FANNIE, FREDDIE IN CURRENT FORM

*PAULSON: TREASURY, REGULATORS IN TALKS WITH FANNIE, FREDDIE

Dow sells off and dollar turns lower as well