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

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To: ild who wrote (40923)11/10/2005 12:57:21 PM
From: LLCF  Read Replies (1) of 116555
 
Wall streets favorite Turkey is gagging!! Wonder what the I-banks will prey on for the next couple of decades?:

<Peter Niculescu, executive vice president in charge of the housing agency's mortgage portfolio, told investors during a conference call Thursday that, despite the significant widening of spreads on mortgage bonds over the past month, Fannie still doesn't see "significant" investment opportunities.>

Uhhhh, you mean you finally got a guy in there that counts the liability side of buying those things??? LOL, I mean, common guys... what's another Trillion? Open wide!

DAK

PS... maybe investment banks can somehow worm in on the upcoming new and improved RTC?
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