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Strategies & Market Trends : The Epic American Credit and Bond Bubble Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (63809)6/15/2006 12:36:38 PM
From: dpl  Read Replies (2) | Respond to of 110194
 
Does anyone know when "new home sales" come out?



To: patron_anejo_por_favor who wrote (63809)6/15/2006 12:42:53 PM
From: UncleBigs  Respond to of 110194
 
the current fannie mae system is working just fine for everyone.

no financial statements mean no new is good news.

banks can sell their garbage to fannie mae and keep the good stuff.

fcb's are buying fannie debt with the implicit federal guarantee at a higher rate than treasuries.

there is absolutely noone who wants anything to change.

why hasn't Franklin been charged with a crime for cooking the books and pocketing millions in bonuses?

I think it's because the feds don't want any dirty secrets aired out in the public.



To: patron_anejo_por_favor who wrote (63809)6/15/2006 1:12:21 PM
From: Mike Johnston  Read Replies (1) | Respond to of 110194
 
Fannie Mae is a fraud ten times bigger than Enron.
Without socialized housing finance system the real estate bubble would not reach such absurd levels.