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


To: ChanceIs who wrote (229984)11/23/2009 11:08:51 PM
From: ChanceIsRead Replies (2) | Respond to of 306849
 
Denninger on foreign switching from Agencies to Treasuries:

Plucked her eyebrows on the way,
shaved her legs and then he was a she,
she said,
'Hey Babe, take a walk on the wild side.'


James Bullard of the St. Louis Fed, who came out this weekend in support of "more asset purchases", underlined the reality: The Fed has been buying literally 90% of all of the new issue in Treasuries and MBS this year. While their "Treasury" program was "only" $300 billion, the MBS program has allowed various people to exit their MBS position and swap into Treasuries - thereby papering over the near-complete destruction of interest in Fannie and Freddie paper.

market-ticker.denninger.net

Who be those "various people?"

If I don't look like Mrs Obama, then why are you doing sex to me?