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

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To: sea_biscuit who wrote (71030)	11/8/2007 11:55:25 PM
From: mishedlo	Read Replies (1) of 116555

Tanta On WaMu vs. Cuomo globaleconomicanalysis.blogspot.com Washington Mutual is involved in a dispute with Fannie Mae, eAppraiseIT, and Cuomo over who is responsible for fraudulent appraisals now sitting with Fannie Mae as loans. WaMu will collapse if it has to take back those loans but the bigger picture is the entire "originate and sell" model might collapse along with it. Mish

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