Still a sell

20 Aug 2008 By Richard Beales

Bear Stearns Fedassisted sale for $10 a share saw anyone who held its stock a year ago lose more than 90% of their money. Even before a government rescue, owners of Fannie and Freddie are now in the same boat. Put it down to complacent management, weak regulation and conflicts.

This content is for Subscribers only

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)