Morgan Stanley Latest Band-Aid Over Fannie, Freddie’s Bullet Hole

This post first appeared on Minyanville and our sister site Dawn Patrol. It looks like all those short-sellers might have been on to something. Freddie Mac (FRE), the beleaguered mortgage giant that was just weeks ago on the brink of collapse, released second quarter results this morning that were nothing short of abysmal. Along with [...]

August 6, 2008 | Comments »