How much Government Sponsored Enterprise debt do Australian banks own? We began our day with this question and did not get very far in answering it. But the answer would be worth knowing. Why? There are two major Government Sponsored Enterprises (GSE) in the U.S. They go by the name of Fannie Mae (NYSE:FNM) and Freddie Mac (NYSE:FRE). They buy the mortgages from other lenders.
July 9th, 2008 | Dan Denning | 2 comments | Continued
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| All Ordinaries | 4318.900 | ||
| S&p/asx 200 | 4242.800 | ||
| China Shanghai Co | 2344.771 | ||
| Gold Sep 11 | 0.00 | ||
| Clj11.nym | 0.00 | ||
| Nikkei 225 | 9052.07 | ||
| Indu | 0.00 | ||
| S&P 500 | 1344.96 | ||
| Ftse 100 | 5899.87 |
