2009-09-02 — housingwire.com
"The MBA recommends a good bank/bank bank resolution of the current government-sponsored enterprises (GSEs), their assets and liabilities. Regulators could then split off Fannie Mae’s (FNM: 1.3885 -12.67%) and Freddie Mac’s (FRE: 1.68 -11.58%) infrastructure — including technology, staff, documents and origination and servicing relationships — into the foundation of a few regulated mortgage entities."
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catherine at 23:51 2009-09-02 said:
listening to CNBC sell this crap as I write this................what a retarded idea...........and bait and switch..............they say this is to protect the taxpayers but they are on the hook if this whole deal fails so the NEW ENTITY (I.E. JP JP JP - WHO ELSE HAS THE MONEY) GETS TO BUNDLE THIS SAME OLE CRAP THEY BUNDLED BEFORE AND MAKE ANOTHER POUND OF FLESH AND THEN IF IT FAILS THE TAXPAYER PAYS............(AND WITH VALUES TANKING, IT HAS TO FAIL) AUUUUUUUUUUUGGGGGGGGGGHHHHHHHHHHHHH HOW MANY TIMES CAN THE SAME GROUP OF INVESTORS SCREW THIS NATION............. Permalinkadd a comment | go to forum thread
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