FNM/FAE bailout ??? :)

[equalizer]

Bloomberg:

Analysts have speculated that the Treasury would wipe out common shareholders, while seeking to shield preferred stockowners from total loss. Fannie and Freddie preferred shares are typically owned by banks and insurance companies. Their $5.2 trillion of debt outstanding is held by investors including Asian central banks, and would probably be guaranteed, analysts said.

“Treasury’s main concern is the debt markets, and if it was to say that it will do whatever is necessary to keep Fannie and Freddie running, the better it is for their funding,” said Alex Pollock, fellow at the American Enterprise Institute in Washington and former president of the Chicago Federal Home Loan Bank.

http://www.bloomberg.com/apps/news?pid=20601087&sid=azJ2NQoKxMnE&refer=home
—————————————-

One of the goals of bailout is to protect largest holders: Japanese and Chinese investors.

[hipmatt]

We’re on a 10 step program to complete socialism. These events are un-constitutional. The fore-fathers are turning in their graves. This is only the beginning. Good bye America, it was nice knowing you.

This is the definition of moral hazard. What irresponsible, unethical, and greedy industry will my tax dollars go to next? Probably the autos or airlines.

[hipmatt]

We’re on a 10 step program to complete socialism. These events are un-constitutional. The fore-fathers are turning in their graves. This is only the beginning. Good bye America, it was nice knowing you.

This is the definition of moral hazard. What irresponsible, unethical, and greedy industry will my tax dollars go to next? Probably the autos or airlines.

[hipmatt]

We’re on a 10 step program to complete socialism. These events are un-constitutional. The fore-fathers are turning in their graves. This is only the beginning. Good bye America, it was nice knowing you.

This is the definition of moral hazard. What irresponsible, unethical, and greedy industry will my tax dollars go to next? Probably the autos or airlines.

[hipmatt]

We’re on a 10 step program to complete socialism. These events are un-constitutional. The fore-fathers are turning in their graves. This is only the beginning. Good bye America, it was nice knowing you.

This is the definition of moral hazard. What irresponsible, unethical, and greedy industry will my tax dollars go to next? Probably the autos or airlines.

[hipmatt]

We’re on a 10 step program to complete socialism. These events are un-constitutional. The fore-fathers are turning in their graves. This is only the beginning. Good bye America, it was nice knowing you.

This is the definition of moral hazard. What irresponsible, unethical, and greedy industry will my tax dollars go to next? Probably the autos or airlines.

[Coronita]

[quote=capeman]China can dump but they own 1+ trillion in agencies and a conservatorship makes the US Gov’t owner of the Treasuries. With how levered the China Central Bank is I believe the US Treasury may have them by the balls… hopefully no Chinese threats were made to prompt this or the Treasury may squeeze.[/quote]

We can just sell China a state. How about Florida? Heck they can’t even figure out how to vote correctly with the hanging chaffs. (sp) It’s like the game of monopoly. You land on Boardwalk with a hotel that belongs to someone else. You offer to give the other player the $200 after you pass “go” and surrender Baltic to the owner of Boardway.

This really isn’t funny anymore. Our poor children. Canada anyone?

[Coronita]

[quote=capeman]China can dump but they own 1+ trillion in agencies and a conservatorship makes the US Gov’t owner of the Treasuries. With how levered the China Central Bank is I believe the US Treasury may have them by the balls… hopefully no Chinese threats were made to prompt this or the Treasury may squeeze.[/quote]

We can just sell China a state. How about Florida? Heck they can’t even figure out how to vote correctly with the hanging chaffs. (sp) It’s like the game of monopoly. You land on Boardwalk with a hotel that belongs to someone else. You offer to give the other player the $200 after you pass “go” and surrender Baltic to the owner of Boardway.

This really isn’t funny anymore. Our poor children. Canada anyone?

[Coronita]

[quote=capeman]China can dump but they own 1+ trillion in agencies and a conservatorship makes the US Gov’t owner of the Treasuries. With how levered the China Central Bank is I believe the US Treasury may have them by the balls… hopefully no Chinese threats were made to prompt this or the Treasury may squeeze.[/quote]

We can just sell China a state. How about Florida? Heck they can’t even figure out how to vote correctly with the hanging chaffs. (sp) It’s like the game of monopoly. You land on Boardwalk with a hotel that belongs to someone else. You offer to give the other player the $200 after you pass “go” and surrender Baltic to the owner of Boardway.

This really isn’t funny anymore. Our poor children. Canada anyone?

[Coronita]

[quote=capeman]China can dump but they own 1+ trillion in agencies and a conservatorship makes the US Gov’t owner of the Treasuries. With how levered the China Central Bank is I believe the US Treasury may have them by the balls… hopefully no Chinese threats were made to prompt this or the Treasury may squeeze.[/quote]

We can just sell China a state. How about Florida? Heck they can’t even figure out how to vote correctly with the hanging chaffs. (sp) It’s like the game of monopoly. You land on Boardwalk with a hotel that belongs to someone else. You offer to give the other player the $200 after you pass “go” and surrender Baltic to the owner of Boardway.

This really isn’t funny anymore. Our poor children. Canada anyone?

[Coronita]

[quote=capeman]China can dump but they own 1+ trillion in agencies and a conservatorship makes the US Gov’t owner of the Treasuries. With how levered the China Central Bank is I believe the US Treasury may have them by the balls… hopefully no Chinese threats were made to prompt this or the Treasury may squeeze.[/quote]

We can just sell China a state. How about Florida? Heck they can’t even figure out how to vote correctly with the hanging chaffs. (sp) It’s like the game of monopoly. You land on Boardwalk with a hotel that belongs to someone else. You offer to give the other player the $200 after you pass “go” and surrender Baltic to the owner of Boardway.

This really isn’t funny anymore. Our poor children. Canada anyone?

[temeculaguy]

Lets see the details of the deal before we move to Canada. That FHA fb bailout turned out to be fairly shrewd, it almost amounts to loan sharking. They may just impress us and set up an eventual profit making enterprise, these companies were profitable for a long time and in the end may have a monopoly. It also might kick the one leg left in the housing bubble out from under itself, causing the air to come out rapidly. Who am I kidding, this will probably be a disaster.

One item that has me curious, the after hours stock prices were tanking yesterday, this morning they have recovered the entire loss and are up from Friday’s pre anouncement close. There’s something more to this story.

[temeculaguy]

Lets see the details of the deal before we move to Canada. That FHA fb bailout turned out to be fairly shrewd, it almost amounts to loan sharking. They may just impress us and set up an eventual profit making enterprise, these companies were profitable for a long time and in the end may have a monopoly. It also might kick the one leg left in the housing bubble out from under itself, causing the air to come out rapidly. Who am I kidding, this will probably be a disaster.

One item that has me curious, the after hours stock prices were tanking yesterday, this morning they have recovered the entire loss and are up from Friday’s pre anouncement close. There’s something more to this story.

[temeculaguy]

Lets see the details of the deal before we move to Canada. That FHA fb bailout turned out to be fairly shrewd, it almost amounts to loan sharking. They may just impress us and set up an eventual profit making enterprise, these companies were profitable for a long time and in the end may have a monopoly. It also might kick the one leg left in the housing bubble out from under itself, causing the air to come out rapidly. Who am I kidding, this will probably be a disaster.

One item that has me curious, the after hours stock prices were tanking yesterday, this morning they have recovered the entire loss and are up from Friday’s pre anouncement close. There’s something more to this story.

[temeculaguy]

Lets see the details of the deal before we move to Canada. That FHA fb bailout turned out to be fairly shrewd, it almost amounts to loan sharking. They may just impress us and set up an eventual profit making enterprise, these companies were profitable for a long time and in the end may have a monopoly. It also might kick the one leg left in the housing bubble out from under itself, causing the air to come out rapidly. Who am I kidding, this will probably be a disaster.

One item that has me curious, the after hours stock prices were tanking yesterday, this morning they have recovered the entire loss and are up from Friday’s pre anouncement close. There’s something more to this story.

[Author]

Posts