Forum Replies Created
-
AuthorPosts
-
jficquette
ParticipantU.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
ParticipantU.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
ParticipantU.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
ParticipantU.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
ParticipantEsmith,
Sorry to hear about that maybe things will turn around for you.
John
ParticipantEsmith,
Sorry to hear about that maybe things will turn around for you.
John
ParticipantEsmith,
Sorry to hear about that maybe things will turn around for you.
John
ParticipantEsmith,
Sorry to hear about that maybe things will turn around for you.
John
ParticipantEsmith,
Sorry to hear about that maybe things will turn around for you.
John
Participant[quote=peterb]I’ve heard Houston is doing quite well. Oil services in general. Maybe OK as well? It’s come down to natural resources. A glimmer of hope.
Wage arbitration is alive and well. Most Asians sill make way less that US counter parts. Of course, Central and south america is not much different.[/quote]Houston, Dallas, Atlanta are all boom cities now with much cheaper housing and higher wages than here in San Diego.
The problem with San Diego is the government is so anti business, anti growth. All the silly fees, licenses, hoops to jump through. This means no companies of any size will move here because it costs too much to operate here and it costs too much to move employees here.
I see years of gradually lowering house prices as the old folks die off and leave their houses to their 50 year old surfer dude kids who have never had a job worth mentioning on a resume.
John
Participant[quote=peterb]I’ve heard Houston is doing quite well. Oil services in general. Maybe OK as well? It’s come down to natural resources. A glimmer of hope.
Wage arbitration is alive and well. Most Asians sill make way less that US counter parts. Of course, Central and south america is not much different.[/quote]Houston, Dallas, Atlanta are all boom cities now with much cheaper housing and higher wages than here in San Diego.
The problem with San Diego is the government is so anti business, anti growth. All the silly fees, licenses, hoops to jump through. This means no companies of any size will move here because it costs too much to operate here and it costs too much to move employees here.
I see years of gradually lowering house prices as the old folks die off and leave their houses to their 50 year old surfer dude kids who have never had a job worth mentioning on a resume.
John
Participant[quote=peterb]I’ve heard Houston is doing quite well. Oil services in general. Maybe OK as well? It’s come down to natural resources. A glimmer of hope.
Wage arbitration is alive and well. Most Asians sill make way less that US counter parts. Of course, Central and south america is not much different.[/quote]Houston, Dallas, Atlanta are all boom cities now with much cheaper housing and higher wages than here in San Diego.
The problem with San Diego is the government is so anti business, anti growth. All the silly fees, licenses, hoops to jump through. This means no companies of any size will move here because it costs too much to operate here and it costs too much to move employees here.
I see years of gradually lowering house prices as the old folks die off and leave their houses to their 50 year old surfer dude kids who have never had a job worth mentioning on a resume.
John
Participant[quote=peterb]I’ve heard Houston is doing quite well. Oil services in general. Maybe OK as well? It’s come down to natural resources. A glimmer of hope.
Wage arbitration is alive and well. Most Asians sill make way less that US counter parts. Of course, Central and south america is not much different.[/quote]Houston, Dallas, Atlanta are all boom cities now with much cheaper housing and higher wages than here in San Diego.
The problem with San Diego is the government is so anti business, anti growth. All the silly fees, licenses, hoops to jump through. This means no companies of any size will move here because it costs too much to operate here and it costs too much to move employees here.
I see years of gradually lowering house prices as the old folks die off and leave their houses to their 50 year old surfer dude kids who have never had a job worth mentioning on a resume.
John
Participant[quote=peterb]I’ve heard Houston is doing quite well. Oil services in general. Maybe OK as well? It’s come down to natural resources. A glimmer of hope.
Wage arbitration is alive and well. Most Asians sill make way less that US counter parts. Of course, Central and south america is not much different.[/quote]Houston, Dallas, Atlanta are all boom cities now with much cheaper housing and higher wages than here in San Diego.
The problem with San Diego is the government is so anti business, anti growth. All the silly fees, licenses, hoops to jump through. This means no companies of any size will move here because it costs too much to operate here and it costs too much to move employees here.
I see years of gradually lowering house prices as the old folks die off and leave their houses to their 50 year old surfer dude kids who have never had a job worth mentioning on a resume.
John
-
AuthorPosts
