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CreditSights4223 word report
published Jul 11, 2008
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Abstract: The GSEs have lost investor confidence amid a brutal equity market sell-off. We believe the companies represent the definitive example of systemic safety and soundness risk, and the majority of debt should be supported in a bailout
Brief Excerpt: GSEs: Fannie and Freddie Under Fire - Where Do Bondholders Stand? Fannie Mae and Freddie Mac have lost investor confidence evidenced by the rapid brutal sell-off in their stocks, which could dramatically hinder their ability to raise...
Report Type: Sector Article
Source: CreditSights Inc
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CreditSightsCreditSights is an independent research platform comprised of a team of analysts with both buy-side and sell-side experience in the U.S. and overseas. CreditSights' research focuses on global corporate and sovereign issuers, which have securities that are actively traded in the corporate bond, credit derivatives and/or equity-linked markets. Sector coverage is broad-based and includes telecom, technology, and media; autos and general industrials; utilities and energy; financial services; commodity cyclicals; retail and consumer products; and aerospace and defense. Emerging markets coverage includes the major Latin American, Asian and Eastern European countries. The focus of CreditSights research is to help investors make decisions by distilling and interpreting significant developments and specific events affecting individual companies, industries, or the securities markets as a whole.