Be nice to Fannie and Freddie on Mon or you may go to Jail.

[robert higgins]

Treasury bails out Fannie, Freddie, while SEC declares war on rumors

Sunday the 13th was a very unlucky day if you've been shorting Fannie Mae, Freddie Mac, or a host of other financial firms. Washington has put you on notice: If you don't have something nice to say about banks, don't say anything at all.

SEC, others, to probe short seller manipulation.

The Secret Bailout of J. P. Morgan

Interesting read.

 

[Couch Potato]

The more things change, the more they stay the same.

 

[c w d]

Treasury bails out Fannie, Freddie, while SEC declares war on rumors

When the regulatory agencies who did nothing for the past few years to prevent this problem get tough on the rumor mills one has to wonder if the financial system is just that damned close to coming down.