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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.310.0%Nov 12 4:00 PM EST

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To: GROUND ZERO™ who wrote (85076)7/26/2016 11:31:29 AM
From: robert b furman  Read Replies (1) of 218713
 
The Fed was losing the mortgage business to the investment banks that funded shadow banks like country wide.

After all the fear,ALL banks now fold in under the Fed and FDIC.

Even Goldman Sachs and Morgan Stanley which were investment banks.

All the rest of the investment banks were merged and of course Lehman went belly up.

Now FDIC banks get all the good mortgages and sell the weak ones to Freddy and othe GSE's.

AHHH nice to have things back to what they were intended to be.

Don't fool with the FED !!!!!

Bob
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