Clown-Free Zone... sorry, no clowns allowed Message Board

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Pastimes : Clown-Free Zone... sorry, no clowns allowed

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To: orkrious who wrote (295701)	10/13/2004 11:10:19 AM
From: Knighty Tin	Read Replies (1) of 436258

Ork, there are no retired derivatives experts. <G> Fannie and Freddy remind me of the old line: if somebody loans you $100,000, they own you. If they loan you $10 million, you own them. The Fed and The White House have seen fit to make Fannie and Freddie the poster boys for their fake recovery. Now, the regulator catches them with egg on their faces, and it is the regulator under scrutiny. FNM and FRE are bubble enablers and know they can get away with just about anything as long as the bubble keeps expanding. But, if you hear a loud popping noise, hello Martha Stewart. <G>

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