We have updated our Terms of Use.
Please read our new Privacy Statement before continuing.

Funnie Mess

7 July 2008 By Richard Beales

Fannie Mae and Freddie Mac shares fell sharply on Monday. The future for the US mortgage groups is clear as mud. Even ignoring loan losses, the impact of their use as government policy tools and their supposed taxpayer backing is murky. Shareholders are right to be wary.

This content is for Subscribers only

To access full Breakingviews.com content you must be a subscriber. Please use the following link to request a trial.

 

Email a friend

Please complete the form below.

Required fields *

*
*
*

(Separate multiple email addresses with commas)