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Strategies & Market Trends : Waiting for the big Kahuna

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To: Real Man who wrote (63137)3/10/2003 11:57:22 AM
From: Real Man  Read Replies (1) of 94695
 
Whoa!

Poole says crisis possible for Fannie Mae, Freddie Mac : St Louis
Fed President Poole said this morning that a "crisis is possible"
for FNM and FRE and that they pose a threat to the economy if they
fail; he also said that the govt should end the implicit guarantee
of the two, and indicated that the GSEs should increase capital
holdings.
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