streetwise

Nationalizing Fannie and Freddie: Latest Move in the Housing Crisis

the question now is how safe is it to hold equity in cos of similar significance and government interest ? isn't it likely that they too could be stripped of their rights as shareholders to protect the chinas and the pimcos? certainly paulson has learnt a lesson fron the bear stearns collapse ... if the shareholders are not going to have a say, no one can challenge the decisions announced this sun