Home › Forums › Financial Markets/Economics › FNM/FAE bailout ??? :)
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September 5, 2008 at 7:53 PM #267052September 5, 2008 at 8:02 PM #266753ArrayaParticipant
When China speaks….
From Aug. 22 (bloomberg) A failure of U.S. mortgage finance companies Fannie Mae and Freddie Mac could be a catastrophe for the global financial system, said Yu Yongding, a former adviser to China’s central bank.
“If the U.S. government allows Fannie and Freddie to fail and international investors are not compensated adequately, the consequences will be catastrophic,” Yu said in e-mailed answers to questions yesterday. “If it is not the end of the world, it is the end of the current international financial system.’
September 5, 2008 at 8:02 PM #266971ArrayaParticipantWhen China speaks….
From Aug. 22 (bloomberg) A failure of U.S. mortgage finance companies Fannie Mae and Freddie Mac could be a catastrophe for the global financial system, said Yu Yongding, a former adviser to China’s central bank.
“If the U.S. government allows Fannie and Freddie to fail and international investors are not compensated adequately, the consequences will be catastrophic,” Yu said in e-mailed answers to questions yesterday. “If it is not the end of the world, it is the end of the current international financial system.’
September 5, 2008 at 8:02 PM #266984ArrayaParticipantWhen China speaks….
From Aug. 22 (bloomberg) A failure of U.S. mortgage finance companies Fannie Mae and Freddie Mac could be a catastrophe for the global financial system, said Yu Yongding, a former adviser to China’s central bank.
“If the U.S. government allows Fannie and Freddie to fail and international investors are not compensated adequately, the consequences will be catastrophic,” Yu said in e-mailed answers to questions yesterday. “If it is not the end of the world, it is the end of the current international financial system.’
September 5, 2008 at 8:02 PM #267030ArrayaParticipantWhen China speaks….
From Aug. 22 (bloomberg) A failure of U.S. mortgage finance companies Fannie Mae and Freddie Mac could be a catastrophe for the global financial system, said Yu Yongding, a former adviser to China’s central bank.
“If the U.S. government allows Fannie and Freddie to fail and international investors are not compensated adequately, the consequences will be catastrophic,” Yu said in e-mailed answers to questions yesterday. “If it is not the end of the world, it is the end of the current international financial system.’
September 5, 2008 at 8:02 PM #267062ArrayaParticipantWhen China speaks….
From Aug. 22 (bloomberg) A failure of U.S. mortgage finance companies Fannie Mae and Freddie Mac could be a catastrophe for the global financial system, said Yu Yongding, a former adviser to China’s central bank.
“If the U.S. government allows Fannie and Freddie to fail and international investors are not compensated adequately, the consequences will be catastrophic,” Yu said in e-mailed answers to questions yesterday. “If it is not the end of the world, it is the end of the current international financial system.’
September 5, 2008 at 8:09 PM #266763capemanParticipantNot a bailout… conservatorship and likely run down. This will destroy what’s left of the lending bubble and only traditional loans will be offered through FHA….
WHAT’S THIS GOING TO DO TO HOME PRICES!!!!
BAWAAAAAAAAA!
September 5, 2008 at 8:09 PM #266981capemanParticipantNot a bailout… conservatorship and likely run down. This will destroy what’s left of the lending bubble and only traditional loans will be offered through FHA….
WHAT’S THIS GOING TO DO TO HOME PRICES!!!!
BAWAAAAAAAAA!
September 5, 2008 at 8:09 PM #266995capemanParticipantNot a bailout… conservatorship and likely run down. This will destroy what’s left of the lending bubble and only traditional loans will be offered through FHA….
WHAT’S THIS GOING TO DO TO HOME PRICES!!!!
BAWAAAAAAAAA!
September 5, 2008 at 8:09 PM #267040capemanParticipantNot a bailout… conservatorship and likely run down. This will destroy what’s left of the lending bubble and only traditional loans will be offered through FHA….
WHAT’S THIS GOING TO DO TO HOME PRICES!!!!
BAWAAAAAAAAA!
September 5, 2008 at 8:09 PM #267073capemanParticipantNot a bailout… conservatorship and likely run down. This will destroy what’s left of the lending bubble and only traditional loans will be offered through FHA….
WHAT’S THIS GOING TO DO TO HOME PRICES!!!!
BAWAAAAAAAAA!
September 5, 2008 at 8:54 PM #266793crParticipantHere’s more of the rumors
http://www.msnbc.msn.com/id/26567533
It will probably happen Sunday like Bear Sterns.
China will not be happy and may do something as drastic as dumping some of their US bonds, but as US spending declines and their economy tanks as well, they need us to keep buying their imports.
What a joke though. Lend as much money as you possibly can with no regard to the capacity of being paid back and tax payers, against our will and all better judgement, will bail you out.
September 5, 2008 at 8:54 PM #267011crParticipantHere’s more of the rumors
http://www.msnbc.msn.com/id/26567533
It will probably happen Sunday like Bear Sterns.
China will not be happy and may do something as drastic as dumping some of their US bonds, but as US spending declines and their economy tanks as well, they need us to keep buying their imports.
What a joke though. Lend as much money as you possibly can with no regard to the capacity of being paid back and tax payers, against our will and all better judgement, will bail you out.
September 5, 2008 at 8:54 PM #267025crParticipantHere’s more of the rumors
http://www.msnbc.msn.com/id/26567533
It will probably happen Sunday like Bear Sterns.
China will not be happy and may do something as drastic as dumping some of their US bonds, but as US spending declines and their economy tanks as well, they need us to keep buying their imports.
What a joke though. Lend as much money as you possibly can with no regard to the capacity of being paid back and tax payers, against our will and all better judgement, will bail you out.
September 5, 2008 at 8:54 PM #267071crParticipantHere’s more of the rumors
http://www.msnbc.msn.com/id/26567533
It will probably happen Sunday like Bear Sterns.
China will not be happy and may do something as drastic as dumping some of their US bonds, but as US spending declines and their economy tanks as well, they need us to keep buying their imports.
What a joke though. Lend as much money as you possibly can with no regard to the capacity of being paid back and tax payers, against our will and all better judgement, will bail you out.
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