2008-05-15wallstreetexaminer.com

"Freddie Mac issued its quarterly “report” and gave clues as to how to paint lipstick on pigs and actually get away with it. The trick is to put $157 billion (from $32 billion before) over to Level 3, where absolutely no haircut is then reported."



Comments: Be the first to add a comment

add a comment | go to forum thread