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

To: DebtBomb who wrote (141750)8/19/2008 11:27:23 AM
From: Jim McMannisRespond to of 306849
 
RE:"Freddie Mac and Fannie Mae ``should have been closed down 10 years ago,'' he said. ``They need to be nationalized, the equity holders should lose all their money. Probably we need to guarantee the bonds, simply because the U.S. has led everyone into believing they would guarantee the bonds.'"

Sounds like that guy owns the bonds but not the stock.

What the heck wipe it all off. The overlords will understand.


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