Archive for financial losers
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Financial stocks finished lower Tuesday in a volatile session in which Washington Mutual(WM) skyrocketed and battered mortgage giants Fannie Mae(FNM) and Freddie Mac(FRE) continued to take their lumps.
The government-sponsored mortgage giants were once again a focal point of the market, as Fannie Mae collapsed nearly 30% at one point in trading and Freddie Mac [...]