Home › Forums › Financial Markets/Economics › FNM/FAE bailout ??? :)
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equalizer.
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September 5, 2008 at 7:53 PM #267052September 5, 2008 at 8:02 PM #266753
Arraya
ParticipantWhen 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 #266971Arraya
ParticipantWhen 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 #266984Arraya
ParticipantWhen 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 #267030Arraya
ParticipantWhen 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 #267062Arraya
ParticipantWhen 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 #266763capeman
ParticipantNot 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 #266981capeman
ParticipantNot 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 #266995capeman
ParticipantNot 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 #267040capeman
ParticipantNot 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 #267073capeman
ParticipantNot 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 #266793cr
ParticipantHere’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 #267011cr
ParticipantHere’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 #267025cr
ParticipantHere’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 #267071cr
ParticipantHere’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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