- Freddie Downgrade Would Hurt Market - Das_Orakel_aus_Oberlahnstein, 21.08.2003, 13:57
- ...und deren Aktien notieren Tag für Tag tiefer...(owT) - chiron, 21.08.2003, 15:04
Freddie Downgrade Would Hurt Market
-->WASHINGTON -(Dow Jones)-
The entire financial marketplace would feel the impact of a rating downgrade on the debt of either Fannie Mae or Freddie Mac,
Rep. Richard Baker, R-La., says in an upcoming issue of Money magazine.
(...)
"If a GSE had its credit rating downgraded, it would have a dramatic,
instantaneous impact on the entire financial marketplace because of the implications to capital held at (federally insured banks),"
Baker says in the Sept. 1 issue of Money.
(...)
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