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Strategies & Market Trends : Mish's Global Economic Trend Analysis

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To: mishedlo who started this subject	3/9/2004 6:54:19 PM
From: gregor_us	Read Replies (2) of 116555

Snow. Fannie Mae. And JP Morgan. What is Up? Snow said today, reported at 2:30pm, that Fannie and Freddie were "not too big to fail." marketwatch.com Then the FT.com runs a story on the front page saying Fannie may be facing 25Billion in trailing derivatives losses. news.ft.com And then we learn that Friday, JPM fired (?) their top Derivatives guy. biz.yahoo.com

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