Banking Stocks Take a Lashing
Syndicated from Canadian Dimension on Wed, 2008-07-16
Washington Post
July 15, 2008;
Banking stocks suffered some of their worst losses in a generation yesterday as investors’ confidence in the U.S. financial system continued to erode despite the dramatic initiative by the federal government Sunday evening to bolster mortgage giants Fannie Mae http://www.washingtonpost.com/ac2/related/topic/Fannie+Mae?t... and Freddie Mac http://www.washingtonpost.com/ac2/related/topic/Freddie+Mac+... .
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