As investors run like madmen from the Fannie Mae(FNM: 0.82 0.00%) and Freddie Mac (FRE: 0.82 0.00%) fiasco in the US mortgage arena, Asians are turning away from the banking sector due to the scare.
What’s interesting here is that there two corporations are not in the same boat as Bear Stearns (BSC: 6.18 [...]