Tuesday, September 16, 2008

U.S. Said to Be Considering Conservatorship as Option for AIG

UPDATE: Fed does it.
From Bloomberg.
That didn't work out so well for the Fannie and Freddie common shareholders.
The stock closed down 17% in regular trade. After-market:
After Hours: 1.92 -2.03 (-51.39%) Sep 16 5:02pm ET