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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: patron_anejo_por_favor who wrote (136861)7/27/2008 12:09:13 PM
From: patron_anejo_por_favorRead Replies (1) | Respond to of 306849
 
OTOH, it raises a question: WTF was Poole doing and saying during the 15 year period he was still in the Fed when Fannie and Freddie were raging out of control? This has the Greenspanesque stench of historical revisionism to it (although the ideas expressed are valid).



To: patron_anejo_por_favor who wrote (136861)7/27/2008 1:38:49 PM
From: John ChenRespond to of 306849
 
"FNM and FRE are a financial cancer". Well said. Couldn't
have described it better. Nothing wrong to have cancer
though. It's the nature's way to terminate life, at times
very painful.