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Old 08-18-2008, 03:25 PM   #1
michaelr
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Default The Endgame Nears For Fannie and Freddie
Quote:
The almost inevitable government recapitalization of Fannie Mae and Freddie Mac will likely wipe out investors—and management.
Source.................

Then the dominoes will fall, it will not be pleasant.
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Old 08-19-2008, 01:21 AM   #2
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Default Re: The Endgame Nears For Fannie and Freddie
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Originally Posted by michaelr View Post
Source.................

Then the dominoes will fall, it will not be pleasant.
Don't worry be happy the government has come to the rescue, no matter how much inflation they create all is well in never never land.
Right now I'm having amnesia and deja-vu at the same time.

I think I've forgotten this before.
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Old 08-19-2008, 02:49 PM   #3
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Default Re: The Endgame Nears For Fannie and Freddie
And so it has begun...

Merrill, Wachovia in Danger of Failing: Strategist
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Old 08-19-2008, 04:48 PM   #4
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Default Re: The Endgame Nears For Fannie and Freddie
Me, I figure it this way, the next president is toast. Bush will be hailed as an inarticulate economic and foreign policy genius four years from now.
Socio-biology and selection is a fact of life and death not a political option

Politics is a continuation of war by other means

Calling congress a parliament of whores insults the morals and principle of crack whores
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Old 08-19-2008, 04:52 PM   #5
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Default Re: The Endgame Nears For Fannie and Freddie
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Originally Posted by william the wierd View Post
Me, I figure it this way, the next president is toast. Bush will be hailed as an inarticulate economic and foreign policy genius four years from now.
I am going to club you!!
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Old 08-19-2008, 06:01 PM   #6
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Default Re: The Endgame Nears For Fannie and Freddie
I've got Freddie. I inherited the loan. Am I going to lose my house?


RIP Steve-o.
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Old 08-19-2008, 07:00 PM   #7
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Default Re: The Endgame Nears For Fannie and Freddie
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Originally Posted by Blueneck View Post
I've got Freddie. I inherited the loan. Am I going to lose my house?
I do not know, and I would never advise you what to do. I can give you the articles and comment how I interpret them but that is as far as I am willing to go, say for this, contact your lawyer.
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Old 08-19-2008, 07:27 PM   #8
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Default Re: The Endgame Nears For Fannie and Freddie
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Originally Posted by michaelr View Post
We have too many banks and investment firms anyway, all we really need is one or two and the government.

With 1.9% growth we will be able to grow ourselves outta this mess say in 50 years. Don't worry be happy now.
Right now I'm having amnesia and deja-vu at the same time.

I think I've forgotten this before.
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Old 08-19-2008, 07:29 PM   #9
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Default Re: The Endgame Nears For Fannie and Freddie
Quote:
Originally Posted by Blueneck View Post
I've got Freddie. I inherited the loan. Am I going to lose my house?
Not as long as you make the payments, don't worry now its government insured.
Right now I'm having amnesia and deja-vu at the same time.

I think I've forgotten this before.
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Old 08-19-2008, 08:52 PM   #10
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Default Re: The Endgame Nears For Fannie and Freddie
No Blueneck I would highly doubt you will lose your home unless you stop making payments.

The article I believe is talking about anyone who invested in Fannie and Freddie losing their investments.
Just like the poor bastards who had invested in Bear Stearns before it fell apart and then lost their asses due to missmanagement.
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