SI
SI
discoversearch

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 ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: yard_man who wrote (126702)10/1/2001 7:11:42 PM
From: Oblomov  Read Replies (1) of 436258
 
Tip, I agree. I think that if the gov't has to step in, then the current shareholders will be sacrificed to make the loans whole. I also agree with Haim: that the GSEs will not be allowed to fail. But the conditions imposed on them in event of financial distress would be so onerous (essentially, I think that any GSE "aid package" would be structured as a loan, unless they could find a way to blame the blowup on the 9/11 attacks -ng-) that they would entirely lose their high ROE, and their luster to investors. The regulatory environment would change as well, making many of their current practices illegal.

It's a gusty short, not one I'm considering though. I've been too busy studying the death rattle of CMA...(no position yet)
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext