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Strategies & Market Trends : Booms, Busts, and Recoveries

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To: Maurice Winn who wrote (40641)11/1/2003 8:42:55 PM
From: TobagoJack  Read Replies (2) of 74559
 
Hello Maurice, <<Donald Duck and Minnie Mouse>> ... I am actually disappointed by Freddie's lack of imagination.

They are selling Fannie's goods and buying their own products, which would simply encourage Fannie to sell Freddie's stuff and load up on Fannie's offerings. This is a lose-lose tragedy.

They should have worked out a comic win-win solution, whereby Freddie doubles up on Fannie, and Fannie piles into Freddie with renewed gusto, thus levitating the asset value of both relative to almost 0% real rate financing so as to do 'balance sheet repair' per Greensputin chants and BurnAndKaput teachings :0)

Chugs, Jay
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