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Politics : Stockman Scott's Political Debate Porch -- Ignore unavailable to you. Want to Upgrade?

To: Cactus Jack who wrote (7010)	9/23/2002 9:56:08 AM
From: Jim Willie CB	Respond to of 89467

CEO of FannyMae interviewed on CNBC this Monday morning I had eyes half open when I heard "we have complete trust in JPMorgan" yup, they are seeing severe leakage I wonder if their CEO even reads his own of JPM's balance sheets, foreclosure news, etc expect FNM to be led just like a USGovt burokracy not a business they will eventually seek a bailout as they hemorrhage money the American dream is to own a house the American taxpayer will pay for the bust Fanny isnt performing up to responsible standards they dont examine the portfolios they purchase the individual mortgage loans are full of crappola / jim