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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: patron_anejo_por_favor who wrote (255987)6/22/2010 1:47:41 PM
From: ChanceIsRead Replies (1) of 306849
 
>>>Doesn't include all the losses that Fannie and Freddie accumulated from buying the mortgages via the Fed.<<<

I have no doubt that the FNE/FRE losses will top $500 billion (closer to 1 tri$$ion I expect). But is that not the Fed's doing?

No wait. It was Timmy's Christmas Eve massacre when he extended a blank check to FNE/FRE.

So hard to keep this crap straight.

Pardon me when I call my Congressman.
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