Thursday, August 06, 2009
Massive Confusion Over Rally In AIG, Fannie And Freddie
We weren't the only ones confused by yesterday's bizarre rally in beaten-down companies like AIG (AIG), Fannie Mae (FNM), Freddie Mac (FRE)... There are a few different stories, some having to do with the new plan for the GSEs, or maybe the resignation of James Lockhart, or maybe a surprise profit in another beaten down lender.
Nobody has a good explanation...
Business Insider: Massive Confusion Over Rally In AIG, Fannie And Freddie
Nobody has a good explanation...
Business Insider: Massive Confusion Over Rally In AIG, Fannie And Freddie