Rick Newman


August 2008


Fannie and Freddie: The Next President's First Migraine

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John McCain and Barack Obama have been choosing their words carefully when it comes to the foundering mortgage giants Fannie Mae and Freddie Mac. No doubt they're starting to realize that whoever gets elected in November is likely to get saddled with this massive problem on Day 1.

In July, when ...

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TAGS:
Paulson, Henry
Treasury Department
Freddie Mac
Fannie Mae
McCain, John
Obama, Barack
2008 presidential election

The Risks of Falling Gas Prices

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Smart investors know all about the "suckers' rally"—a temporary pause in a downward trend that amateurs mistake as a turnaround. Motorists might have to get used to the phenomenon, too.

There's a national sigh of relief as oil prices fall and the cost of gasoline drifts down from record highs. Since ...

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TAGS:
gas prices
oil
consumers

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