Fannie, Freddie Plan: ‘Another Band-Aid’ for Floundering Financials

The plan announced Sunday evening to aid Fannie Mae and Freddie Mac contains three main elements:Extend the firms’ line of credit beyond the current $2.25 billion.Authorize Treasury to buy equity stakes in the two companies, if need be.Allow Fannie and Fr

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Posted on July 14th, 2008 by
Filed under: stock news

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FAQ...Always be aware of the date and the day the new month starts when trading options or futures !!!...Why?.... most stock options and index options expire on the third Friday of the month...so some months are "shorter" than others if the first day of the month is a Friday.Vix options expire on the Tuesday after the third friday of the month.Make sure you keep one eve on the date.
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Fannie, Freddie Plan: ‘Another Band-Aid’ for Floundering Financials

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