Welcome to my scrap book. These are collections which I gather when I browse the internet. The contents are copied from the websites and blogs I visited daily and are for my reference. None of them is my own. Hope you enjoy them as much as I do.
Friday, November 14, 2008
In after-hours trading Fannie Mae's shares plunged $1.54, or 22 percent, to $5.50. Freddie Mac's shares fell $1.06, or almost 21 percent, to $4.04. Common stock in the companies will be worth little to nothing after the government's actions.