With Wall Street anticipating the worst day in years following the bankruptcy of Lehman Brothers, the sale of the legendary Merrill Lynch, and the tenuous position of major insurer AIG, at least there was a little bit of good news for the consumer. The public and specifically the two companies' shareholders...
Remember Franklin Raines? In December 2004 he and Timothy Howard were very much in the news as they "retired" or "resigned" or were fired, depending on which version one was reading as CEO and CFO of Fannie Mae . Their sudden unemployment followed probes, lawsuits, and audits that revealed that Fannie...
Fannie Mae declared a second quarter dividend on its common stock Tuesday, holding to the $0.26 per share that it declared for the first quarter back in December 2004. This number is only notable because the first quarter dividend was exactly half what stockholders had come to expect in previous quarters...