« Energy Sector Declines | Main | Second Quarter Earnings Season: Biggest Winners and Losers »
After running through the numbers on their abacus, S&P just announced that they have put FNM and FRE on credit watch "Negative" and may downgrade the credit of these two companies in the future. Where have these guys been?
Subscribe to Bespoke Premium today.
TrackBack URL for this entry:
http://www.typepad.com/services/trackback/6a00d8349edae969e200e553d513468834
Listed below are links to weblogs that reference S&P Breaking News on FNM and FRE:
This is only a preview. Your comment has not yet been posted.
As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.
Having trouble reading this image? View an alternate.
This is over the sub debt and preferred... Moody's downgraded the preferred on 7/15.
Downgrading the AA- rated sub debt would be noteworthy; that would be something Moody's and Fitch haven't done.
Posted by: David Merkel | July 25, 2008 at 03:25 PM