Open Question

If this govt. takeover happens, they said FNM anf FRE shareholders will be wiped
out to Zero. How will this effect all the other finanicals ? (everyone says the
others will go up ?) - your thoughts ...

Asked by blitz373 1 month ago - 5 answers - 493 views
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http://thestockmasters.com/node/836

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socialized GSEs---it's been widely expected for several weeks now. So we could
see a "sell the rumor/buy the fact" inflection when it actually
happens. But other financial stocks, less likely to be bought out/socialized by
the govt are much less likely to go all the way down to zero.

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I think financials will probably rally and then plunge again. Barrons did an
article in this weeks Journal about how credit cards are the next credit crunch
on the way.

Answered by Xaviar - Bookmark this User - Ignore this user
1 months ago - Report Abuse

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http://news.moneycentral.msn.com/provider/providerarticle.aspx?feed=OBR

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They will go higher in the short term.

If situations worsen they will come back down.

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