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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Jim McTague, a dyed in the wool Republican, is surprisingly negative on the McCain/Palin team. Recall that McTague forecast the GOP would...
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Congressman Barney Frank, Chairman of the Financial Services Committee, says this is really happening: "Rep. Barney Frank (D.,...
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Last evening, we asked what are the costs and consequences, as well as the market reaction to, the imminent bailout of Fannie Mae (FNM)...
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A series of high-level meetings between Federal Reserve Chairman Ben Bernanke, Treasury Secretary Henry Paulson, and the chief executives...
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WTF is up with PIMCO ? Strange things are afoot at the biggest bond fund in the world. A weird sense of panic seems to be emanating from...
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Roger Altman, former deputy secretary of the Treasury, thinks so: "Today, regulatory authority is divided among the Federal Reserve,...
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Hmmmm . . take two poorly run, debt laden GSEs . . . Merge them . . . What do you get ? One giant, poorly run, debt laden, GSE. Its...
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