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

To: Karen Lawrence who wrote (25842)8/20/2003 12:19:56 PM
From: Karen Lawrence  Respond to of 89467
 
Uh oh...The situation at Fannie Mae is developing quickly into a
HUGE scandal. I want you to take action to protect yourself right away.

It is unlikely that the giant mortgage finance company
will fail.

Nevertheless, the losses in the stock itself are likely
to be staggering.

And the domino effect on interest rates, bonds and the
broad stock market indexes go beyond my own power to foresee.
But it'll be a mess, without doubt.


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