Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum -- Ignore unavailable to you. Want to Upgrade?

To: energyplay who wrote (31347)	3/19/2008 4:46:16 AM
From: energyplay	Read Replies (1) \| Respond to of 218231

I expect that by late next week it will be revealed that the US Treasury has Loaned Fannie and Freddie 50 to 150 Billion to buy up bad mortgages, and then renegotite them on longer terms, and lower rates. So many banks will be able to SELL their mortgages to Fannie, and since they then have a sale at 100% on the dollar, mark -to - 'market' - which will be over 95% -all the rest of their portfolio. So a broker, bank, etc. can either borrow against the bad paper at 100% of value and 2% rates, or sell the paper.

To: energyplay who wrote (31347)	3/19/2008 4:54:19 AM
From: TobagoJack	Read Replies (2) \| Respond to of 218231

at what cost, that penultimate bargain with the barbarians at the gate, busily draining the moat, erecting ladders over the wall, planting dynamite at the towers, readying to breach the wall, to sack the palace within, storm the throne,and flood the keep too many people are holding too many dollars the world does not have a dollar shortage it just looks that way it always just looks that way read "fiat inflation in france" ... there were too many occasions when just about all cried out for 'more money', which, in yesterday's world, was the dollar let us see what tomorrow reveals be careful, think the unthinkable, and steel oneself for whatever the revelation shows