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: pater tenebrarum who wrote (54282)	1/5/2001 3:21:11 AM
From: Bill/WA	Read Replies (1) of 436258

heinz, re:<<someone once worriedly asked me if buying puts on FNM made sense in view of the implicit government guarantee, and i assured him shareholders would be wiped out first, and they surely will, if it comes to that.>> That was me <G> And, being the eternal pessimist, esp. after learning what I have on this thread and Greenshank putting the screws to me in '98 I am still somewhat (maybe needlessly) concerned - re: my FNM Puts. Your comment <<we don't know for sure, but speculation centers on the California energy bankruptcy situation and Fannie Mae. both are likely candidates.>> Is it possible Greenshank could be trying to bail out FNM & FRE or possibly some of his hedge buddies holding some of their (FNM-FRE) derived instruments which could happen before <<shareholders would be wiped out first>>?? Please temper my pessimism<G> Bill/WA

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next