Alarmed by the growing financial stress at the nation’s two largest mortgage finance companies, senior Bush administration officials are considering a plan to have the government take over one or both of the companies and place them in a conservatorship if their problems worsen, people briefed about the plan said on Thursday.
Freddie and Fannie will tank bigtime tommorow
Under a conservatorship, the shares of Fannie and Freddie would be worth little or nothing, and any losses on mortgages they own or guarantee — which could be staggering — would be paid by taxpayers.
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poo said:Squeezer99 said:how is this a finance deal?
FWF is already google, creditboards, and a law/tax board. Why not finish it off with financial rumors and news?what's it matter, you red every dam thread you see anyway.
It is hard to raise capital at the current prices. Freddie 6, Fannie 10. For the shareholders the capital raising may not be that important, probably a difference of 90% loss vs a 99% loss.
ifyouhavetoask said:Squeezer99 said:how is this a finance deal?Because if you saw it coming, you would have been able to profit greatly from the collapse.
I realize it's not a $50 gift card from Citi, but it's something
There's an ocean of money to be made right now in this economic environment. Probably the best opportunity in the last 50+ years.
I'm mad I covered my FNM short last month @ $22. Blah
ifyouhavetoask said:Squeezer99 said:how is this a finance deal?Because if you saw it coming, you would have been able to profit greatly from the collapse.
I realize it's not a $50 gift card from Citi, but it's something
There's an ocean of money to be made right now in this economic environment. Probably the best opportunity in the last 50+ years.
Wow that is for sure. Wonder where the bottom is in the market. Itching to get back in, so many hot deals in stocks right now...
I am curious. How can this be the best opportunity in 50+ years? If an individual has cash now, then they should invest in the commodities market and not the stock....
I am curious. How can this be the best opportunity in 50+ years? If an individual has cash now, then they should invest in the commodities market and not the stock....
You could have bought calls this morning and quadrupled your money by the afternoon. LEH puts have returned me 500%+ over the past month. I agree this is the best trading environment I've seen for many years. It definitely beats a $50 gift card.
I am curious. How can this be the best opportunity in 50+ years? If an individual has cash now, then they should invest in the commodities market and not the stock....
Another top signal...
I started building put positions in POT and CF today.
NukeMedDude said:ifyouhavetoask said:Squeezer99 said:how is this a finance deal?Because if you saw it coming, you would have been able to profit greatly from the collapse.
I realize it's not a $50 gift card from Citi, but it's something
There's an ocean of money to be made right now in this economic environment. Probably the best opportunity in the last 50+ years.
I'm mad I covered my FNM short last month @ $22. Blah
cfusion1 said:Invest in commodities? Way to invest in a market that may be near the peak. What goes up......
Analysts also said the same thing about Gold when it was 800$ an ounce, and oil when it was 110$ a barrel. Production & Population increase, demand increase, supply decrease follows economics, not the newton's laws of physics. Price might adjust due to selloff or slight price correction, but long term, commodities aren't going anywhere.
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