Tags: Bail out + Economy + Fed + financials + Ginnie Mae + GNMA + obama + Paulson + Taxes + Treasury
These are extraordinary times for the US financial system and consequently there is a lot of rant, blame, and criticism going around. Whether the American taxpayer likes it or not they are now the stop-gap guarantor for the final tab of the last decade of excess.
September 24, 2008 - Economy, Markets, Politics - 0 Comments
Tags: Economy + Fannie Mae + Fed Discount window + financials + FNMA + Freddie Mac + Mortgage-backs + Treasury
The US economic picture by all accounts (except George Bush’s) is deteriorating with forecasts by that as many as 100 US banks may fail and that Stagflation is becoming an ever greater reality (stagnant growth accompanied by rising inflation). US investors concerned that Fannie Mae and Freddie Mac would not be able to manage […]
July 18, 2008 - Economy, Markets, Politics - 0 Comments
Powered by WordPress. Entries (RSS) and Comments (RSS).
©2008 SeriousBull. All Rights Reserved.
Recent Comments