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To: AllansAlias who wrote (48722)	12/18/2000 10:22:44 AM
From: Lucretius	Read Replies (2) \| Respond to of 436258

drunken trading?

To: AllansAlias who wrote (48722)	12/18/2000 10:22:52 AM
From: oldirtybastard	Respond to of 436258

those two are bulletproof, only $2.5Billion added to FNM's mkt. cap today, no big deal, a few more mortgages...build it to the sky

To: AllansAlias who wrote (48722)	12/18/2000 10:28:49 AM
From: pater tenebrarum	Read Replies (1) \| Respond to of 436258

yes...the ongoing real estate bubble, recently fueled by steeply falling agency paper yields...huge refinancing volumes, as stretched-to-the-limit consumers take on ever more debt on the (bubble) value of their homes...and the strong belief that Fannie and Freddie will not be allowed to fail. their leverage is btw. worse than LTCM's.