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: Les H who wrote (227001)3/10/2003 4:45:55 PM
From: Ken98  Read Replies (1) of 436258
 
Well, that certainly makes me feel better in Mr. Raines' intellectual abilities - equating $1 TRILLION in guarantys and off-balance sheet liabilities (and NO loss reserves) to "our capital is so carefully ascribed to our risk." What a numbnut... Don't they also have a big hedge play based on rates RISING here?

<<"We've made it quite clear that we are not a risk to the economy because we are so heavily regulated and our capital is so carefully ascribed to our risk that if there's going to be a systemic risk caused by a financial institution - it is certainly not going to be caused by Fannie Mae," Raines said in an interview with CNBC television.>>
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News