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sdduuuude.
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January 22, 2010 at 7:54 PM #16934January 22, 2010 at 8:35 PM #504662
scaredyclassic
Participantwhat happens next?
January 22, 2010 at 8:35 PM #504809Participantwhat happens next?
January 22, 2010 at 8:35 PM #505214Participantwhat happens next?
January 22, 2010 at 8:35 PM #505308Participantwhat happens next?
January 22, 2010 at 8:35 PM #505560Participantwhat happens next?
January 22, 2010 at 8:53 PM #504687SD Realtor
ParticipantDon’t know. If you read the comments from Barney Frank the senate finance committee intends to recommend that the GSEs no longer exist and a new entity (government run) will be created to purchase mortgages. (Since there is no second market).
Your tax dollars at work. I guess it doesnt matter because your tax dollars backstop the GSEs and pay the bonuses for their heads anyways.
Good thing Barney Frank is on the case!
January 22, 2010 at 8:53 PM #504833ParticipantDon’t know. If you read the comments from Barney Frank the senate finance committee intends to recommend that the GSEs no longer exist and a new entity (government run) will be created to purchase mortgages. (Since there is no second market).
Your tax dollars at work. I guess it doesnt matter because your tax dollars backstop the GSEs and pay the bonuses for their heads anyways.
Good thing Barney Frank is on the case!
January 22, 2010 at 8:53 PM #505239ParticipantDon’t know. If you read the comments from Barney Frank the senate finance committee intends to recommend that the GSEs no longer exist and a new entity (government run) will be created to purchase mortgages. (Since there is no second market).
Your tax dollars at work. I guess it doesnt matter because your tax dollars backstop the GSEs and pay the bonuses for their heads anyways.
Good thing Barney Frank is on the case!
January 22, 2010 at 8:53 PM #505333ParticipantDon’t know. If you read the comments from Barney Frank the senate finance committee intends to recommend that the GSEs no longer exist and a new entity (government run) will be created to purchase mortgages. (Since there is no second market).
Your tax dollars at work. I guess it doesnt matter because your tax dollars backstop the GSEs and pay the bonuses for their heads anyways.
Good thing Barney Frank is on the case!
January 22, 2010 at 8:53 PM #505585ParticipantDon’t know. If you read the comments from Barney Frank the senate finance committee intends to recommend that the GSEs no longer exist and a new entity (government run) will be created to purchase mortgages. (Since there is no second market).
Your tax dollars at work. I guess it doesnt matter because your tax dollars backstop the GSEs and pay the bonuses for their heads anyways.
Good thing Barney Frank is on the case!
January 22, 2010 at 10:34 PM #504713briansd1
GuestAs much as some of us like to disparage government involvement, I think that our hybrid GSE system is not so good compared to the French (or other socialist) system of state controlled enterprises.
The GSEs are backstopped by the government but all along the executives and intermediaries looted the companies. We had a semblance of a free market, but we end up with bankrupt companies (and some very rich executives who made out with our money).
It would have been much better 1) had the GSEs been agencies of the government with executives paid just like other Federal employees, or 2) had the GSEs not been created at all.
January 22, 2010 at 10:34 PM #504858GuestAs much as some of us like to disparage government involvement, I think that our hybrid GSE system is not so good compared to the French (or other socialist) system of state controlled enterprises.
The GSEs are backstopped by the government but all along the executives and intermediaries looted the companies. We had a semblance of a free market, but we end up with bankrupt companies (and some very rich executives who made out with our money).
It would have been much better 1) had the GSEs been agencies of the government with executives paid just like other Federal employees, or 2) had the GSEs not been created at all.
January 22, 2010 at 10:34 PM #505264GuestAs much as some of us like to disparage government involvement, I think that our hybrid GSE system is not so good compared to the French (or other socialist) system of state controlled enterprises.
The GSEs are backstopped by the government but all along the executives and intermediaries looted the companies. We had a semblance of a free market, but we end up with bankrupt companies (and some very rich executives who made out with our money).
It would have been much better 1) had the GSEs been agencies of the government with executives paid just like other Federal employees, or 2) had the GSEs not been created at all.
January 22, 2010 at 10:34 PM #505358GuestAs much as some of us like to disparage government involvement, I think that our hybrid GSE system is not so good compared to the French (or other socialist) system of state controlled enterprises.
The GSEs are backstopped by the government but all along the executives and intermediaries looted the companies. We had a semblance of a free market, but we end up with bankrupt companies (and some very rich executives who made out with our money).
It would have been much better 1) had the GSEs been agencies of the government with executives paid just like other Federal employees, or 2) had the GSEs not been created at all.
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