Welcome to Slider's Dugout 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.

Politics : Welcome to Slider's Dugout

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: SliderOnTheBlack who wrote (6958)	11/16/2007 12:57:09 PM
From: RonMerks	of 50685

Slider- Fannie Mae -40% and crashing here? WHY ISN'T THIS A HEADLINE IN EVERY NEWSPAPER AND THE LEAD STORY ON CNBC TODAY? Fannie Mae just fell -40% since late September. An update of the chart you posted- Very sage observation about how Fannie held up through the initial subprime meltdown. Now they are falling much faster than the DOW and the Bank Stock Index the XLF on the downside. Are we still relying on selling Fannie & Freddie to our foreign friends like China and OPEC? If they won't buy- who will? FNM is signaling that something is very wrong. And since its a government sponsored enterprise 'GSE'- guess who gets to fund the bail out? You and me. 'Screw the revolution- we need a REVOLT!' Ron

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next