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Weekend Reading: Fannie, Freddie Bailout

Stock quotes in this article: ^DJI , ^IXIC , ^GSPC , FNM , FRE , GOOG , YHOO , MSFT  

Good Sunday morning, and welcome to another edition of Weekend Reading. It's been a busy morning for a Sunday, with the release of details on the bailout plan for Fannie Mae (FNM Quote) and Freddie Mac (FRE Quote), so I will lead this week's reading list with some links to the best information.

First, however, a look back at the week that just finished, and then a look forward to the week ahead, and finally, a summary of articles and papers worth reading.

It was an awful week on the major markets. The Dow and the S&P 500 ended the week down 2.8% and 3.2% respectively, while the Nasdaq posted its second worst week of the year, losing 4.8%. ...

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Dow Jones S&P 500 NASDAQ 10-Year Note
10,309.92 1,091.49 2,138.44 32.31
Oil *
77.12
DOWN
154.48
DOWN
19.14
DOWN
37.61
DOWN
0.48
10 Yr
3.23%
SPDR Gold
115.06
-1.48%
-1.72%
-1.73%
-1.46%
Data delayed 20 minutes

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