Foney and Fraudie

[cr]

Because the US government in charge of fixing the housing crisis just set aside $800 Billion in money we don’t have to guarantee the inflated value of toilet paper in the form of $5 Trillion in mortgages.

Do the math, and you could say they expect up to 1/5 of the mortgages they own to fail, but that’s okay, the US taxpayer will guarantee them anyway.

Congrats, we are now on the hook for reckless investments into subprime mortgages by F&F’s biggest investor – China.

[jficquette]

You don’t want to short a stock thats only $6 even something like a FNM that appears to be history. Too much risk. Anything can happen. Carl Ichan could make an offer lol, you never know.

John

[jficquette]

You don’t want to short a stock thats only $6 even something like a FNM that appears to be history. Too much risk. Anything can happen. Carl Ichan could make an offer lol, you never know.

John

[jficquette]

You don’t want to short a stock thats only $6 even something like a FNM that appears to be history. Too much risk. Anything can happen. Carl Ichan could make an offer lol, you never know.

John

[jficquette]

You don’t want to short a stock thats only $6 even something like a FNM that appears to be history. Too much risk. Anything can happen. Carl Ichan could make an offer lol, you never know.

John

[jficquette]

You don’t want to short a stock thats only $6 even something like a FNM that appears to be history. Too much risk. Anything can happen. Carl Ichan could make an offer lol, you never know.

John

[Arty]

If it is worth ZERO, no one especially someone made billions will be stupid enough to buy it.

[Arty]

If it is worth ZERO, no one especially someone made billions will be stupid enough to buy it.

[Arty]

If it is worth ZERO, no one especially someone made billions will be stupid enough to buy it.

[Arty]

If it is worth ZERO, no one especially someone made billions will be stupid enough to buy it.

[Arty]

If it is worth ZERO, no one especially someone made billions will be stupid enough to buy it.

[gdcox]

http://www.ft.com/cms/s/0/01a7f9b2-6d86-11dd-857b-0000779fd18c.html

This is a good write-up.

Looks bad for fixed rate mortgage rates though.

[gdcox]

http://www.ft.com/cms/s/0/01a7f9b2-6d86-11dd-857b-0000779fd18c.html

This is a good write-up.

Looks bad for fixed rate mortgage rates though.

[gdcox]

http://www.ft.com/cms/s/0/01a7f9b2-6d86-11dd-857b-0000779fd18c.html

This is a good write-up.

Looks bad for fixed rate mortgage rates though.

[gdcox]

http://www.ft.com/cms/s/0/01a7f9b2-6d86-11dd-857b-0000779fd18c.html

This is a good write-up.

Looks bad for fixed rate mortgage rates though.

[Author]

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