Friday Afternoon Is Bad News Time - AVC

If you’ve been paying attention, the Fed likes to release bad news after the markets close on friday afternoon. The past couple weeks, they’ve announced the failures of small regional b...

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Source: AVC

If you’ve been paying attention, the Fed likes to release bad news after the markets close on friday afternoon. The past couple weeks, they’ve announced the failures of small regional banks. Well today, they announced something just a little bit bigger – the government bailout/takeover of Fannie Mae and Freddie Mac, the two large mortgage […]