FNM/FAE bailout ??? :)

[peterb]

The US govt is in no uncertain terms, a debtor organization. It needs new money on a constant basis for survival. Thus, evey action it takes must consider how it’s lenders will percieve its future stability and worthiness. You can bet that the Asian lenders, that’s most of who buys US debt, will be kept whole on anything that’s done by the govt. If the Asian countries decided that the US is no longer worthy, we’re in huge trouble. They’re basically divesting now anyway.

I have to believe that they will convert more of their debt paper in to dollars and then buy US natural resource companies. They want and need this stuff for their future anyway.They have to spend US$ to avoid increasing value of their own currency. And now US debt is getting to a level where servicing it will come into question and that’s the first critical step to insovency.

[KIBU]

With the government completely behind the “double F…” now, the next bankruptcy risks will fall on the government itself….but wait, that means you and me.

This government is going to drag us to bankruptcy with them. Everyone is going to share the pain that were done by irresponsible tops and bottoms.

The crowd here ending up missing the irresponsible rides but now will join in to pay the price.

[KIBU]

With the government completely behind the “double F…” now, the next bankruptcy risks will fall on the government itself….but wait, that means you and me.

This government is going to drag us to bankruptcy with them. Everyone is going to share the pain that were done by irresponsible tops and bottoms.

The crowd here ending up missing the irresponsible rides but now will join in to pay the price.

[KIBU]

With the government completely behind the “double F…” now, the next bankruptcy risks will fall on the government itself….but wait, that means you and me.

This government is going to drag us to bankruptcy with them. Everyone is going to share the pain that were done by irresponsible tops and bottoms.

The crowd here ending up missing the irresponsible rides but now will join in to pay the price.

[KIBU]

With the government completely behind the “double F…” now, the next bankruptcy risks will fall on the government itself….but wait, that means you and me.

This government is going to drag us to bankruptcy with them. Everyone is going to share the pain that were done by irresponsible tops and bottoms.

The crowd here ending up missing the irresponsible rides but now will join in to pay the price.

[KIBU]

With the government completely behind the “double F…” now, the next bankruptcy risks will fall on the government itself….but wait, that means you and me.

This government is going to drag us to bankruptcy with them. Everyone is going to share the pain that were done by irresponsible tops and bottoms.

The crowd here ending up missing the irresponsible rides but now will join in to pay the price.

[jficquette]

U.S. Nears Rescue Plan For Fannie And Freddie:
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/05/AR2008090503351.html

“The government has formulated a plan to put troubled mortgage giants Fannie Mae and Freddie Mac under federal control, dismiss their top executives and prop them up financially, federal officials told the two companies yesterday, according to three sources familiar with the conversations.”

“The value of the companies’ common stock would be diluted but not wiped out, while the holdings of other securities, including company debt and preferred shares might be protected by the government.”

John

[jficquette]

U.S. Nears Rescue Plan For Fannie And Freddie:
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/05/AR2008090503351.html

“The government has formulated a plan to put troubled mortgage giants Fannie Mae and Freddie Mac under federal control, dismiss their top executives and prop them up financially, federal officials told the two companies yesterday, according to three sources familiar with the conversations.”

“The value of the companies’ common stock would be diluted but not wiped out, while the holdings of other securities, including company debt and preferred shares might be protected by the government.”

John

[jficquette]

U.S. Nears Rescue Plan For Fannie And Freddie:
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/05/AR2008090503351.html

“The government has formulated a plan to put troubled mortgage giants Fannie Mae and Freddie Mac under federal control, dismiss their top executives and prop them up financially, federal officials told the two companies yesterday, according to three sources familiar with the conversations.”

“The value of the companies’ common stock would be diluted but not wiped out, while the holdings of other securities, including company debt and preferred shares might be protected by the government.”

John

[jficquette]

U.S. Nears Rescue Plan For Fannie And Freddie:
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/05/AR2008090503351.html

“The government has formulated a plan to put troubled mortgage giants Fannie Mae and Freddie Mac under federal control, dismiss their top executives and prop them up financially, federal officials told the two companies yesterday, according to three sources familiar with the conversations.”

“The value of the companies’ common stock would be diluted but not wiped out, while the holdings of other securities, including company debt and preferred shares might be protected by the government.”

John

[jficquette]

U.S. Nears Rescue Plan For Fannie And Freddie:
http://www.washingtonpost.com/wp-dyn/content/article/2008/09/05/AR2008090503351.html

“The government has formulated a plan to put troubled mortgage giants Fannie Mae and Freddie Mac under federal control, dismiss their top executives and prop them up financially, federal officials told the two companies yesterday, according to three sources familiar with the conversations.”

“The value of the companies’ common stock would be diluted but not wiped out, while the holdings of other securities, including company debt and preferred shares might be protected by the government.”

John

[cr]

So what then do they do with all the homes they’ll inherit as foreclosures continue to set records?

[cr]

So what then do they do with all the homes they’ll inherit as foreclosures continue to set records?

[cr]

So what then do they do with all the homes they’ll inherit as foreclosures continue to set records?

[cr]

So what then do they do with all the homes they’ll inherit as foreclosures continue to set records?

[Author]

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