Clown-Free Zone... sorry, no clowns allowed Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: robnhood who wrote (157975)	4/1/2002 11:14:39 PM
From: LLCF	of 436258

Anyone notice this drivel??? biz.yahoo.com LOL, yea, this REALLY looks good....NOT!! They should probably keep their traps shut: <<The large differential between short- and long-term rates prevalent in the market last year was a primary reason for the huge growth in the agencies' derivatives portfolios. That's because Freddie Mac and Fannie Mae increased their use of short-term debt liabilities in 2001 in order to augment the profit margins derived from investing in mortgage assets, which have longer average lives than short-term debt. In doing so, the agencies had to increase their derivatives activity in order to synthetically lengthen the life of that short-term debt.>> Now, call me crazy, but this tells me their showing nice tasty spreads and probably earnings against losing contracts that will be written off later????? DAK

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next