Tags: AIG + Bailout + Democrat + Election 2008 + Federal Reserve + Freddie Mac + Lehman + McCain + obama + Republican + Treasury
Capitalism is an economic system prefaced on risk and reward and inherent in this system is the reality that failure and loss potentially may occur just as profits and gains may. The hybrid model of Capitalism the US has
September 17, 2008 - Economy, Markets, Politics - 0 Comments
Tags: Congress + elections + Fannie Mae + FNMA + Freddie Mac + Ginnie Mae + GNMA + Gold + Inflation + Paulson + Treasury + wall street + Washington
The “adequately capitalized” Fannie Mae and Freddie Mac were placed in conservator-ship this weekend by the US Treasury. Under the terms of the takeover, the government took a subordinated position behind the mortgage-backed and senior debt holders, received a
September 8, 2008 - Economy, Markets, Politics - 0 Comments
Tags: Barney Frank + Economy + Fannie Mae + Foreclosures + Freddie Mac + housing
Congress is at the threshold of passing a new bill to bailout Fannie Mae and Freddie Mac—two publicly traded (shareholder owned) mortgage companies that have access to cheap money from Treasury to guarantee pools of mortgage loans so that they can be resold to investors
July 25, 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
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