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To: reaper who wrote (198634)10/18/2002 4:57:29 PM
From: patron_anejo_por_favor  Read Replies (1) | Respond to of 436258
 
<<then again, if Fannie were a hedge fund (oh, wait, i forgot...) they'd be shutting down too (take a look at what's happened to their book value, otherwise known as equity capital, in the last 9 months).>>

Indeed. Fannie is a hedge fund that can't shut down no matter what, by congressional mandate. In other words, the bus is speeding toward the cliff, the brakes are out, and the taxpayer is chained to the steering wheel!<NFG>

BTW, care to comment on this nugget:

biz.yahoo.com



To: reaper who wrote (198634)10/18/2002 6:21:47 PM
From: mishedlo  Read Replies (1) | Respond to of 436258
 
Is S a certifies GTZ at this point?
GM?

I have a number of people telling me that the govt will NEVER let GM go under.
My reply was how could they stop it with the debt and pension fund problems.

Plus union contracts up for negotiation soon (I think but can not define soon). What would a strike do to GM?

Perhaps that explain the panic to sell every FN car they can now, cause they know they will not be able to sell more later anyway.

Thanks

M