Home › Forums › Financial Markets/Economics › Representatives that elected for this bailout should NOT be relected!
- This topic has 55 replies, 7 voices, and was last updated 15 years, 9 months ago by
Aecetia.
-
AuthorPosts
-
October 3, 2008 at 3:17 PM #280645October 3, 2008 at 3:46 PM #280681
Wickedheart
ParticipantFinal Vote Results
October 3, 2008 at 3:46 PM #280670Wickedheart
ParticipantFinal Vote Results
October 3, 2008 at 3:46 PM #280350Wickedheart
ParticipantFinal Vote Results
October 3, 2008 at 3:46 PM #280629Wickedheart
ParticipantFinal Vote Results
October 3, 2008 at 3:46 PM #280622Wickedheart
ParticipantFinal Vote Results
October 3, 2008 at 5:04 PM #280460Aecetia
ParticipantWho is really calling the shots:
Foreign Bondholders – and not the U.S. Mortgage Market – Drove the Fannie/Freddie Bailout
By William Patalon III
Executive Editor
Money Morning/The Money Map Report“And yet, that wasn’t the mortgage market itself that forced the hand of U.S. Treasury Secretary Henry M. “Hank” Paulson: It was the $5.2 trillion in so-called Fannie and Freddie “agency debt” – of which more than $1.3 trillion, or about 25%, was held by foreign investors. Total U.S. agency debt of all types was said to be slightly more than $1.5 trillion. Without the bailout, China’s financial position may have been damaged: Of that country’s $1.8 trillion in foreign currency reserves, as much as 70% is held in dollar-denominated assets. With $376 billion in GSE debt, China was also the top holder of the bonds issued by Fannie Mae and Freddie Mac. If China were to lose confidence in the U.S. currency – dumping the dollar – it’s hard to say with certainty just how bad things could get. Should foreign investors rampantly discard the dollar, the greenback would plunge against other currencies.”
October 3, 2008 at 5:04 PM #280733Aecetia
ParticipantWho is really calling the shots:
Foreign Bondholders – and not the U.S. Mortgage Market – Drove the Fannie/Freddie Bailout
By William Patalon III
Executive Editor
Money Morning/The Money Map Report“And yet, that wasn’t the mortgage market itself that forced the hand of U.S. Treasury Secretary Henry M. “Hank” Paulson: It was the $5.2 trillion in so-called Fannie and Freddie “agency debt” – of which more than $1.3 trillion, or about 25%, was held by foreign investors. Total U.S. agency debt of all types was said to be slightly more than $1.5 trillion. Without the bailout, China’s financial position may have been damaged: Of that country’s $1.8 trillion in foreign currency reserves, as much as 70% is held in dollar-denominated assets. With $376 billion in GSE debt, China was also the top holder of the bonds issued by Fannie Mae and Freddie Mac. If China were to lose confidence in the U.S. currency – dumping the dollar – it’s hard to say with certainty just how bad things could get. Should foreign investors rampantly discard the dollar, the greenback would plunge against other currencies.”
October 3, 2008 at 5:04 PM #280739Aecetia
ParticipantWho is really calling the shots:
Foreign Bondholders – and not the U.S. Mortgage Market – Drove the Fannie/Freddie Bailout
By William Patalon III
Executive Editor
Money Morning/The Money Map Report“And yet, that wasn’t the mortgage market itself that forced the hand of U.S. Treasury Secretary Henry M. “Hank” Paulson: It was the $5.2 trillion in so-called Fannie and Freddie “agency debt” – of which more than $1.3 trillion, or about 25%, was held by foreign investors. Total U.S. agency debt of all types was said to be slightly more than $1.5 trillion. Without the bailout, China’s financial position may have been damaged: Of that country’s $1.8 trillion in foreign currency reserves, as much as 70% is held in dollar-denominated assets. With $376 billion in GSE debt, China was also the top holder of the bonds issued by Fannie Mae and Freddie Mac. If China were to lose confidence in the U.S. currency – dumping the dollar – it’s hard to say with certainty just how bad things could get. Should foreign investors rampantly discard the dollar, the greenback would plunge against other currencies.”
October 3, 2008 at 5:04 PM #280780Aecetia
ParticipantWho is really calling the shots:
Foreign Bondholders – and not the U.S. Mortgage Market – Drove the Fannie/Freddie Bailout
By William Patalon III
Executive Editor
Money Morning/The Money Map Report“And yet, that wasn’t the mortgage market itself that forced the hand of U.S. Treasury Secretary Henry M. “Hank” Paulson: It was the $5.2 trillion in so-called Fannie and Freddie “agency debt” – of which more than $1.3 trillion, or about 25%, was held by foreign investors. Total U.S. agency debt of all types was said to be slightly more than $1.5 trillion. Without the bailout, China’s financial position may have been damaged: Of that country’s $1.8 trillion in foreign currency reserves, as much as 70% is held in dollar-denominated assets. With $376 billion in GSE debt, China was also the top holder of the bonds issued by Fannie Mae and Freddie Mac. If China were to lose confidence in the U.S. currency – dumping the dollar – it’s hard to say with certainty just how bad things could get. Should foreign investors rampantly discard the dollar, the greenback would plunge against other currencies.”
October 3, 2008 at 5:04 PM #280792Aecetia
ParticipantWho is really calling the shots:
Foreign Bondholders – and not the U.S. Mortgage Market – Drove the Fannie/Freddie Bailout
By William Patalon III
Executive Editor
Money Morning/The Money Map Report“And yet, that wasn’t the mortgage market itself that forced the hand of U.S. Treasury Secretary Henry M. “Hank” Paulson: It was the $5.2 trillion in so-called Fannie and Freddie “agency debt” – of which more than $1.3 trillion, or about 25%, was held by foreign investors. Total U.S. agency debt of all types was said to be slightly more than $1.5 trillion. Without the bailout, China’s financial position may have been damaged: Of that country’s $1.8 trillion in foreign currency reserves, as much as 70% is held in dollar-denominated assets. With $376 billion in GSE debt, China was also the top holder of the bonds issued by Fannie Mae and Freddie Mac. If China were to lose confidence in the U.S. currency – dumping the dollar – it’s hard to say with certainty just how bad things could get. Should foreign investors rampantly discard the dollar, the greenback would plunge against other currencies.”
-
AuthorPosts
- You must be logged in to reply to this topic.