Posts Tagged ‘financing sector was thrown into the red’

Banks’ Slips

Friday, September 12, 2008 17:37 No Comments

After two days of solid gains for banking shares, due to the US Government’s bailout of the mortgage groups Freddie Mac and Fannie Mae, the investor confidence is hurt and the banking sector fell greatly.
Although the traders have been warned of the worst, it was still a shock when the news hit. Just as the [...]

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