forwoodenboats

Fannie and Freddie: Finally a Light at the End of the Tunnel?

I'm a little confused here, maybe someone could help me out.
Why are Freddie and Fannie still trading? Doesn't the government own it now? Same with WAMU - it was trading today after the government confiscated it and sold it to someone else. Obviously they'd been thinking about it, yet there was no warning - at 3:47 I bought 5k shares @ 1.69, sold them 12 minutes later for 1.77...but only because my buy orders for 20K @ 1.55 didn't go through and I needed to go grocery shopping - and there was an angel on my shoulder, PTL.
I come back from shopping and O M G.....they were close to 5 bucks about a week ago.
Are they going to trade tomorow? Why, or why not?