CNBC Bonus Bucks Trivia: In Jim Cramer’s blog post “A Bottom For Fannie and Freddie” what term does he use to describe Bush market policies?
Posted on Monday, July 14th, 2008 | In Current Market News, Stocks to Watch
Contributed by: William A. Trent (http://stockmarketbeat.com) -
In Jim Cramer’s blog post “A Bottom For Fannie and Freddie” what term does he use to describe Bush market policies?
Bush, who has been a “hands off, laissez-faire” president in terms of the financial markets, abruptly changed his tune on Fannie (FNM) and Freddie (FRE) in a news conference earlier in the day by sending a message of hope that these institutions must be preserved, but that they don’t need more capital.
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 About William A. Trent (http://stockmarketbeat.com)
Stock Market Beat editor William A. Trent, CFA, has been an equity analyst since 1996 and is co-author of Understanding and Evaluating Prospectuses, Offering Documents, and Proxy Statements. His experience includes stints with institutional investors responsible for more than $70 billion in assets and covers all market-cap sizes. Sector concentrations have been within the TMT (Telecom, Media and Technology) and Transportation sectors. He is also the senior editor of Financial Education. He is available for freelance writing and consulting projects and can be contacted here. |
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