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


To: damainman who wrote (141997)8/20/2008 10:32:00 AM
From: Think4YourselfRead Replies (2) | Respond to of 306849
 
One needs to keep in mind that just a few months ago Clowngress was trying to force Fannie and Freddie to take on all the garbage loans. I wonder how much they actually did take on.

If I were running a sovereign wealth fund I wouldn't touch Fannie or Freddie debt without compensation for all the time I will end up spending dealing with the idiots in Washington DC.



To: damainman who wrote (141997)8/20/2008 10:46:37 AM
From: MulhollandDriveRead Replies (1) | Respond to of 306849
 

Fannie: "We have more capital than we've ever had"


and fannie fights with the strength of many men....

:)

youtube.com



To: damainman who wrote (141997)8/20/2008 11:43:39 AM
From: Smiling BobRead Replies (1) | Respond to of 306849
 
You forget
Ben and Hank have turned their water into wine and their trash into cash
I guess they're saying now that they have access to the presses, they too have more capital than ever.