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


To: Elroy Jetson who wrote (101541)2/21/2009 11:01:04 PM
From: rich evans  Respond to of 110194
 
This is exactly what we have done for Fannie and Freddie. We stablized them by putting the full faith and credit of the US behind them. You do not need capital to aborb losses when you can do this and continue to borrow at Gov rates and try to earn your way out of your losses which exceed capital by 500%.
Rich