Anyone Buying Back Fannie Mae Yet???!

Discussion in 'Stocks' started by spanish89, Aug 20, 2008.

  1. Aloha i was just wondering what everyone thinks will be fannie mae's fate now??

    Last time when it crashed down to the 700s i bought it, and it rose back to 1200s, especially due the fed backing and statements.

    Im not into having a gamble on it now, since i dont like losing my money.
    But im just curious what everyone else thinks will be fannie mae's fate this time??

    Have the fed used up all the tricks they had up their sleeve?

    Will fannie mae simply become the next bradford n bingley (owned by the fed n government so not traded on the stockmarket anymore)?

    Or will they even join into 1 giant company with freddie mac?? lol
  2. m22au


    I think you mean Northern Rock and not B&B.