I got an email from a Journalist asking why Fannie Mae (FNM) was trading at 71 cents (soon to be zero), while Freddie mac was trading at...
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> I am on NPR radio discussing the Fannie/Freddie bailout, as well as the Housing market and economy. The bailout does not save the...
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This fabulous work by Jim Flora was found by a Big Picture reader in one of his Father’s ‘Banking’ texts, vintage...
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Another weekend, another bailout, another market reaction: How many Sunday press releases is it going to take to save the financial...
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Interesting video discussion by John Authers of the FT: click for video: via FT, September 8 2008,
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And the Nikkei 225 opened up +306.91 that’s plus +2.5% to 12,519.14 as of 9/8 9:15am Tokyo time. > I love the headlines that...
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So much for a relaxing weekend! We spilled plenty of pixels on Fannie (FNM) & Freddie (FRE)this weekend, as did lots of other folks....
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I am still working my way through the details of the GSE takeover by Treasury, but here is my initial read of the details: • FHFA will...
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Here are the official statements on the Fannie & Freddie bailouts: Statement by Secretary Henry M. Paulson, Jr. on Treasury and...
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As wee discussed Saturday, the details of the Fan-Fred bailout will be announced early Sunday at 11 am. In my opinion, this is very...
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